How to survive the arrival of a mega-retailer like Walmart

The Walmart supercenter in Rimouski, located on Montée Industrielle-et-Commerciale. Study shows that new, small retail businesses in non-metropolitan cities can hold their own against a giant by selling complementary products and offering personalized service Walmart stores need no introduction. This American banner has established itself as the world champion in the retail category. With globalization, mega-retailers such as Walmart, Costco and Home Depot today represent increased competition for small retail businesses. Located outside city centers, offering a wide variety of goods and services at lower cost, and present in both metropolitan and non-metropolitan areas, they represent a major shock to the local economy and make some existing retail businesses more vulnerable. This aspect is not negligible. In 2019, the retail sector in Quebec accounted for around 15% of total service sector employment.