Wal-Mart Details Cap Ex Spending for 2012

BENTONVILLE, Ark. — Wal-Mart Stores here said Wednesday it will allocate between $13.5 billion and $14.5 billion to capital spending next year — an increase of approximately 3.7% from the midpoint of the $13 billion to $14 billion it expects to spend this year.

BENTONVILLE, Ark. — Wal-Mart Stores here said Wednesday it will allocate between $13.5 billion and $14.5 billion to capital spending next year — an increase of approximately 3.7% from the midpoint of the $13 billion to $14 billion it expects to spend this year.

The company said it expects to grow total square footage by 3% to 4% — about the same rate as capital spending — while it expects sales to increase between 4% and 6%.

In the U.S., Wal-Mart expects to spend $7.5 b

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