Amid Rebuilding, Wal-Mart Gains Share in New Orleans

WHILE METROPOLITAN New Orleans continues to suffer from the lingering impact of 2005's Hurricane Katrina, most of the major operators in the Greater New Orleans market are holding their own. Wal-Mart Supercenters, meanwhile, are gaining share. In the metro area, there are still large sectors that have gaping holes where people and stores used to be, and that isn't going to change for a long time,

WHILE METROPOLITAN New Orleans continues to suffer from the lingering impact of 2005's Hurricane Katrina, most of the major operators in the Greater New Orleans market are holding their own. Wal-Mart Supercenters, meanwhile, are gaining share.

In the metro area, “there are still large sectors that have gaping holes where people and stores used to be, and that isn't going to change for a long time,” Barry Breaux, chairman and president of Breaux Markets, Metairie, La., told SN.<

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