Walmart slows new store growth to fund virtual expansion

SN's Growth List 2015: Wal-Mart Stores Inc.

In this space a year ago, the story of Wal-Mart Stores’ growth plans were the 12,000 to 16,000 square foot “Express” concept stores. Initial plans called for the retailer to open as many as 120 Express stores last year, designed to provide Walmart shoppers in rural markets with a convenient alternative to Supercenters — or the discount grocers and dollar stores they were using as such — as well as a spoke in a nascent “site-to-store” solution for e-commerce.

But thinking changed

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Contact: Desiree Torres Desiree.Torres@penton.com

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