RICHMOND EXPECTS WAL-MART CENTERS

RICHMOND, Va. -- Wal-Mart Stores reportedly will convert four of its traditional discount stores in this market into supercenters -- which would bring yet another grocery operator into an already competitive area.The Bentonville, Ark.-based retailer -- which operated 162 supercenters in 49 states at the close of the first quarter ended April 30 -- plans to expand three stores in the region into supercenters

RICHMOND, Va. -- Wal-Mart Stores reportedly will convert four of its traditional discount stores in this market into supercenters -- which would bring yet another grocery operator into an already competitive area.

The Bentonville, Ark.-based retailer -- which operated 162 supercenters in 49 states at the close of the first quarter ended April 30 -- plans to expand three stores in the region into supercenters and replace a fourth unit with the format, observers said.

The first

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TAGS: Walmart