NEW YORK - To meet changing consumer needs more rapidly, Wal-Mart is remodeling stores department-by-department rather than updating entire stores individually, John Menzer, vice chairman of the Bentonville, Ark.-based company, told an investors conference here last week. As previously reported, Wal-Mart expects to update 1,800 stores over the next 18 months, with about two-thirds scheduled to be remodeled by the end of 2006. Speaking at the Credit Suisse First Boston Consumer and Retail ...
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