By Tom Dougherty, blogs.stealingshare.com

The Holy Grail in retailing is, of course, how to take market share from the biggest retailer of them all: Wal-Mart. It seems impossible given Wal-Mart’s arsenal of hundreds of billions of dollars in yearly revenue (more than five times as much as the nearest retailer).

Wal-Mart has continued growth in both revenue and earnings and although recent news reported less-than exciting same-store sales, Wal-Mart is king.