Wal-Mart plans big push into urban markets with smaller stores
By APMonday, September 20, 2010
Wal-Mart to make a big push into urban markets
WAL-MART’S URBAN PUSH: Wal-Mart Stores Inc. plans to aggressively roll out 20,000-square-foot stores in urban markets, say real estate executives.
WHAT’S BEHIND THE MOVE: Wal-Mart is looking to revitalize sluggish U.S. growth.
WHAT’S NEXT: Wal-Mart has publicly said it wants to embrace smaller formats for urban areas, but it’s expected to share details next month at its analysts’ meeting.
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