Wal-Mart Plans to Accelerate Openings of Mid-Sized Stores
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Wal-Mart Stores Inc., the world’s biggest retailer, plans to accelerate the opening of its mid-sized Walmart Market stores, said U.S. stores chief Bill Simon.
Wal-Mart will open 90 to 100 of the stores in the year ending in January, and have 300 by fiscal 2013, Simon said today at the William Blair & Co. Growth Stock Conference in Chicago. In May, the retailer said it would roll out as many as 40 this year.