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Monday
May242004

Always a Low Price. Not Always a Credit Card.

I heard something interesting about Wal-Mart. Over 100 million people shop at Wal-Mart Stores each week. Not a big surprise given how many stores they have. Amazingly, though, only 50% of these customers have credit cards. Given that the US population is 300 million and 190 million people carry credit cards, I am having trouble with the math. If true, this implies that virtually everyone in the country who doesn't have a credit card shops at Wal-Mart and those with credit cards are more likely to shop elsewhere in any given week. With that many customers each week, one would think Wal-Mart's customers would look more like the general population.

Sunday
May232004

First Post

Well, this is my first post. Still not sure what I'm going to do with this, but blogging is really, really cool. At least I think so. Stay tuned!

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