Saturday, November 28, 2009

Wal-Mart in Silicon Valley Packed on Black Friday

Barron's Tech Trader Daily reports that Wal-Mart in Mountain View, California was jam-packed on Black Friday.

And that was supposed to be good, that the recession (depression, whatever you want to call it), may be indeed over (as reported by Sergey Brin's mother-in-law).

Wal-Mart in Silicon Valley?? (What is the world coming to?)

Mountain View is located in the middle of Silicon Valley. I used to live in the Valley when I went to school and several years afterwards. It was an affluent area (still is) and there was no such thing as Wal-Mart. San Antonio Shopping Center, which always looked half-deserted, had Sears for eternity but that was about the extent of mass-discounter presence. Now people flock to Wal-Mart??

Stanford Shopping Center has always been upscale. If people flooded that shopping center and were buying, then maybe, the recession is on hold for now.


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