New Data: Wal-Mart Not Killing Supermarkets

While everybody predicts doom and gloom for the supermarket industry at the hands of the 800 pound gorilla, Wal-Mart, new data show that Wal-Mart is not touching the big grocery chains in the high volume cities. And more people are moving to metro areas from the suburbs, where Wal-Mart reigns.Nationally, the increase in city housing permit activity from 1999 to 2000 exceeded the average annual increase in city housing permits from 1990 to 1998 by 35%. In contrast, 1999 to