Wal-Mart Cuts Back on Supercenter Growth

Wal-Mart Stores said Friday at its annual shareholders meeting that it would cut back on supercenter development for the next few years — opening a mere 190-200 in the U.S. rather than the previously projected 265-270.

BENTONVILLE, Ark. — Wal-Mart Store here said Friday at its annual shareholders meeting that it would cut back on supercenter development for the next few years — opening a mere 190-200 in the U.S. rather than the previously projected 265-270. For the following three years, plans call for about 170 new supercenters per year. Included in this year’s count are 70 relocations and 40 expansions of traditional discount stores. International expansion, as well as growth of the Sam’s Club chain, will

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TAGS: Walmart