When I was down in Palm Desert CA a few weeks ago I noticed that across the street from Home Depot and Costco the newest construction was both a Sams Club and a Wal Mart - right next to each other. Up the hill was a Lowes.

Where are they going to get the business to maintain market share? They will, for the most part, be cutting proces on each other (to the consumers benefit), just to get the traffic.

cat