BENTONVILLE, Ark. — Wal-Mart Stores here said Tuesday it plans to open its first Walmart Express during the second quarter, though it did not say where the store would be located.
It was the first time Wal-Mart made a public reference to the banner of the new small-store format, which will be "under 30,000 square feet," a company spokesman told SN, though he declined to be more specific.
In a call with analysts, Bill Simon, president and chief executive officer of Walmart U.S., said Walmart Express would accommodate both rural and urban locations. He also said the development of the company's small format "is progressing ahead of schedule."