Should Walmart buy a dollar store?

With the frenzy surrounding the combination of Family Dollar and Dollar General (and/or Dollar Tree), there is also speculation that Walmart ought to enter the bidding war. I have a brief response (posted on RetailWire)…not a good idea:

I think this came up a few weeks ago when the original Dollar Tree bid took place. My answer then was “no,” and I still feel that way. Walmart has more opportunity expanding its own small-format concepts, and has never had much track record acquiring and growing businesses that did not develop organically. Stick to your knitting and find new ways to leverage your brand.

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