Walmart to Focus on Smaller Stores
Source: MediaPost.com –
Just as America has gotten used to Walmart’s mammoth supercenters, the retailer says it plans to focus on smaller stores, as well, to better expand in U.S. urban markets.
At a presentation for investors in Rogers, Ark., Walmart executives laid out its growth plans for the next several years, which will include between 30 and 40 smaller stores in its fiscal 2012, as well as between 155 and 165 large stores. It also plans to add between 7 and 12 additional Sam’s Clubs.
“Over the next few years, we will introduce new formats to help us enter new markets,” Walmart U.S. President and CEO Bill Simon says in the company’s release following the meeting. “Walmart U.S. will move toward a three-format portfolio, which will drive expansion to urban markets and small towns, as well as fill in gaps in existing markets.”
can you tell me where there will be new smaller Walmarts, large Walmarts and Sam’s clubs in Orange County or near there in 2012?
I understand there are Walmarts and Sam’s Clubs going to be built in Tustin in 2012. Is this correct?
I would like very much to see Walmart and Sam’s Club in Tustin in 2012.