Competing with Costco and Sam's Club: Warehouse Club Entry and Grocery Prices
---- Acknowledgements ----
We are grateful to the editor, referees, Benjamin Anderson, Kenneth Snowden, and seminar participants at the University of Nebraska at Omaha, the University of North Carolina at Greensboro, Samford University, Rhodes College, the College of Charleston, Charleston Southern University, Johns Hopkins University, the 2010 Missouri Valley Economic Association meetings, the 2010 Southern Economic Association meetings, and the 2011 Association of Private Enterprise Education meetings for valuable comments. We also thank Keith Becker and Sameer Warraich for excellent research assistance and Wal-Mart's External Reporting Team for directing us to public company financial documents on Sam's Club. Thach Truong, Kelly Gillean, and Dylan Chambers assisted with data collection. Julia Clapper proofread the manuscript. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.