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Out here in the Northeast, the two major regional low-price chains (Caldor and Bradless) closed their doors a few years ago. Caldor had it's own issues, but Bradlees definitely suffered after Wal-Mart came into the area.
The only other comparable chains are Ames and K-Mart. Though I understand Target has us in their sights.
On a simaler note, most of the grocery stores around here are being eaten alive by Super Stop and Shop. We've lost a Walbaums, Shoprite gets little business anymore, there's a grocery store up in West Haven by Lowes that closed as well, and I don't recall any other big grocery stores around here(then again, the valley has everything tucked away behind a hill).