ROGERS, Ark. — Wal-Mart Stores plans to open 125 new supercenters and between 95 and 115 smaller-format stores — mostly Neighborhood Markets — next year while reducing its capital budget, company officials said at an investor meeting here. Longer term, the company said it expects to have 500 Neighborhood Markets operating within three years — more than double the 240 it currently has — with sales of $10 billion. Wal-Mart officials said the capital budget ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.