• The Wall Street Journal reports that in its effort to expand its supercenter presence in new markets, “Wal-Mart now operates roughly 20 multilevel stores, many of them housed in buildings vacated by other retailers. Over the next five years, the company is planning to open an additional 50 to 60 on lots one-third the size of its traditional 25 acre swaths.”
While the WSJ concedes that this is just a fraction of the Wal-Mart fleet, “they represent a significant shift for a company that has long thrived by sticking to a cookie-cutter store format designed to minimize costs and coax the most sales out of every single square foot.”
While the WSJ concedes that this is just a fraction of the Wal-Mart fleet, “they represent a significant shift for a company that has long thrived by sticking to a cookie-cutter store format designed to minimize costs and coax the most sales out of every single square foot.”
- KC's View: