In an estimate in 2006 Alaska had a population of 670,053 people and it has 586,400 square miles. I suppose in Anchorage and other large communities there is opportunity. It is a beautiful state and I personally saw Mount Mckinley last summer and took a cruise there. Some communities like Juneau are only accessible by boat or a small plane with no airports and not connected by roads to other communities
Prices are a bit higher in Alaska because it costs more to bring merchandise up here. WAG will also have to pay their employees MUCH better than they do in the lower 48 to remain competitive. My guess is that any store they put in Alaska (assuming it is run properly) will eventually turn a small profit due only to the lack of competition.
Fred Meyer is a one stop shop for Alaskans, they offer quality product and great service. WAG with a drive through pharmacy will be a convenience for people but not enough to make it really profitable. My guess is that these Alaskan stores will be nothing more than a way for WAG to tout its presence in all 50 states.