Wal-Mart Stores is likely to expand its small format in the U.S. and experience more growth overseas than domestically over the next 10 years, industry observers told SN. “How Wal-Mart deals with some of the challenges it faces today will determine how it grows over the next decade,” Jim Hertel, managing partner at Willard Bishop, Barrington, Ill., told SN. “The basic challenge is, how does Wal-Mart establish itself as the low-price leader again and continue to ...

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