Edwin Setiadi

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Almost all of that represents increased value and savings to the customers who shop discount stores. So the guys who weren’t running efficient operations, who had taken on lots of debt and were living high and not taking care of their associates, who weren’t scrambling around to get the best deals on merchandise and passing those deals on to their customers, these guys got into trouble. When we saw Kmart headed right after us in 1976 and 1977, we decided we could pick up some speed in our expansion efforts by acquiring some struggling discounters.
Sam Walton: Made In America
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