What if there were roughly the same number of Walmarts in the region as Fred Meyer stores?

That's exactly what the world's largest retailer wanted to know.

Wal-Mart Stores Inc., which operates four Portland-area stores, commissioned an economic analysis that looked at building 17 more. The analysis considers a range of stores, from its traditional full-service behemoths to smaller grocery-store type concepts, in the tri-county area — including eight in Portland proper.

While the sheer number of stores is mind-boggling to some, the fact Wal-Mart is eyeing the region with such intensity is not. Federal, state and local agencies have started offering incentives to grocers to build in under-served communities. And it comes as competition has amped up nationwide between Wal-Mart and Target Corp., which are both looking to dive into an area they've only dabbled in: Fresh food.

To read the rest of the story, please go to: The Oregonian