Wal-Mart scores with Latino shoppers on Gulf Coast - Blogging Stocks

Posted on: June 6th, 2006
Filed Under: [ Business ] [ Hispanic News ]
Tags: , , ,
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“With the Gulfport-Biloxi area being hit pretty hard by last year’s horrendous hurricane season, the re-building is going on at full speed and a larger settling of Latinos is also taking the area by storm. This is giving retailers such as Wal-Mart and Home Depot an unexpected influx of new shoppers who have cash and are ready to buy.

In addition to corner stores, radio stations and restaurants catering to the Latino population, the Gulf Coast area is experiencing a large increase in a newer, cash-rich population demographic, and, of course, Wal-Mart will be a large beneficiary of this. Some Wal-Mart stores in the area now have Spanish-language sections and more and more small businesses are now owned by Latino owners, creating quite a boom in the local economy after such a disastrous weather-related year in 2005.”

SOURCE: in English / Fuente en Ingles
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