re: I'm seeing a bargain with this stock, what am I missing?

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Not trying to flame or troll, but I have heard this line before but never seen Wal-Mart shut down a store and move on to the next. I have seen the older stores shut down once a Supercenter was built in the town .

Do you have any evidence of them vacating a town completely after they have exhausted the incentives?

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It's pretty common knowledge and evidenced wherever you go that Walmart scatters small stores all over an area to knock out all the local stores, and then they build a couple super stores to consolidate as they shut down the smaller stores.

I'm sorry, I don't have a list of Walmarts that no longer exist, but surely anyone can see what's going on. Divide and conquer, then consolidate to make the same sales with fewer employees.

It's a brilliant strategy if you can afford it.