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Wal-Mart, the bank? (from ATSNN)

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posted on Jan, 26 2005 @ 01:22 PM
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It's already the king of retail. Give it another five years and Wal-Mart may well be on its way to conquering other valuable little nuggets of the business world. By 2010, consumers could possibly open Wal-Mart accounts, visit Wal-Mart dentists, rent Wal-Mart car



 



money.cnn.com
For instance, why shouldn't the world's largest retailer open its own Wal-Mart banks? The opportunity is clearly there given that 20 percent of Wal-Mart shoppers currently don't have their own bank accounts, according to market research firm Retail Forward.

"Wal-Mart is already testing the waters," Sandy Skrovan, Retail Forward's vice president and retail analyst, said in an audio forum Wednesday titled "Wal-Mart: How Big? How Far? How Fast?"
"Wal-Mart already offers travel packages to consumers. It's testing car rental service in a few stores. In 2010, maybe consumers could even fly the friendly skies with Wal-Mart," Skrovan said.

Wal-Mart is already the fourth largest pharmacy in the country. It's not implausible or inconceivable that Wal-Mart would expand healthcare services to offer its customers in-store eye checks for prescription eyewear and contact lenses and even dental care.




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Wal-mart your one stop shopping place...

Medical Care

Car Rental

Auto Repair

Banking..

where will it end ?




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