By Cole Hatcher
DELAWARE, Ohio – The Woltemade Center for Economics, Business and Entrepreneurship at Ohio Wesleyan University has selected six students for admittance into its fall class of Corns Business and Entrepreneurial Scholars.
The competitive program is open to sophomores who have demonstrated strong academic performance, leadership in campus or community service organizations, and potential for achievement in business or as an entrepreneur.
Ohio Wesleyan’s 2021 Corns Scholars are:
Phuong Dinh of Ha Noi, Vietnam. Dinh is planning to major in Economics.
Katie Doiron of Monument, Colorado. Doiron is planning to major in Finance Economics.
Michael Lipscomb of Pataskala, Ohio. Lipscomb is planning to major in Business with a Marketing Concentration.
The structure of the modern channel is concentrated among a few players:
In the warehouse, supermarket, hypermarket and megamarket (WSHM) formats, only three companies have a national presence.
In the areas which have only one company present, Walmart is the brand present 87% of the time.
In some regions, there is not enough competitive pressure for WSHM format stores:
Consumers buy from the closest stores to reduce costs and travel time, so competition in the modern channel is local.
Two out of 10 Walmart WSHM stores have no competitors in their area of influence. Moreover, in undeveloped areas, almost half of Walmart s WSHM stores have no competitors.