Isn't it a well known narrative about how Wal-Mart expanded, at least initially, by opening stores in less populated areas where they could offer dramatically m

Isn't it a well known narrative about how Wal-Mart expanded, at least initially, by opening stores in less populated areas where they could offer dramatically more than any other business in the area? I know someone who lives out near the nature coast of Florida and Wal-Mart is a lot more important to their daily life than I'm used to.