While many in the home improvement sector wait for some sign that the market is picking up, Menards seems intent on creating opportunities around its stores. According to a piece on the Milwaukee Journal Sentinel website, Menards has in a few cases purchased land around new stores to develop residential subdivisions. By acquiring land for development around its stores, Menards is creating for itself a built-in customer base. What do you think of Menards' practice of creating residential subdivisions around new store openings?
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