Stone, Kenneth E.; Artz, Georgeanne M. - Department of Economics, Iowa State University - 2012
Stone conducted the first study of Wal-Mart stores economic impact in Iowa in 1988. Since then, research on Wal … location decisions on estimated retail sales impacts in Iowa. Consistent with previous studies, we find that Wal …-Mart’s entry into smaller trade centers in Iowa had a big initial impact on host town retail sales, with some categories …