Wal-Mart Invests in Makeovers

The U.S. division of Wal-Mart Stores said last week it plans to invest more in remodels this year and next and to remodel all U.S. stores over the next five years while reducing the number of new-store openings. The plan also includes converting existing discount units into supercenters without expanding the box, the company said. In addition, as part of its new three-year plan,

BENTONVILLE, Ark. — The U.S. division of Wal-Mart Stores here said last week it plans to invest more in remodels this year and next — and to remodel all U.S. stores over the next five years — while reducing the number of new-store openings.

The plan also includes converting existing discount units into supercenters without expanding the box, the company said.

In addition, as part of its new three-year plan, called Project Impact, the U.S. division intends to focus on pr

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