Wal-Mart Confirms Smaller Stores

BENTONVILLE, Ark. -Wal-Mart Stores here confirmed widespread industry speculation Wednesday that it will open medium- and smaller-sized stores beginning next year in urban areas and small towns, though it did not provide a lot of details.

BENTONVILLE, Ark. — Wal-Mart Stores here confirmed widespread industry speculation Wednesday that it will open medium- and smaller-sized stores beginning next year in urban areas and small towns, though it did not provide a lot of details.

Medium-sized stores will fall in the range of 30,000 square feet to 60,000 square feet — similar to the company's Neighborhood Market units — while smaller stores will

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