Wal-Mart Plans 1st D.C. Stores

WASHINGTON, D.C. — Wal-Mart Stores said Thursday it would open four stores here by late 2012, marking the Bentonville, Ark.-based retail giant's first outlets in the nation's capital.

WASHINGTON, D.C. — Wal-Mart Stores [2] said Thursday it would open four stores here by late 2012, marking the Bentonville, Ark.-based retail giant's first outlets in the nation's capital.

Wal-Mart said the stores, to be between 80,000 square feet and 120,000 square feet, would create 1,200 new jobs and 400 construction jobs, and would generate an estimated $10 million in tax revenue for the District.

The company said it was evaluating additional small, medium and large sites across the entire District, including underserved areas east of the Anacostia River.