Friday, February 21, 2014

Walmart Finally Adopts a Strategy for Smaller Stores

I've blogged in the past about Walmart and community opposition.  From Bloomberg Business Week, here's a story indicating maybe Walmart has finally figured out that smaller stores might be better (although, truth be told, this has been in the works for awhile):

For Wal-Mart, becoming more relevant to consumers means becoming more convenient. You could run in and out of a dollar store in about the time it takes to find your car in a Walmart Supercenter parking lot. And smaller stores might—just might—be more palatable to cities that have fought against the big-box stores. Simon said Wal-Mart is planning to open between 270 and 300 smaller stores this fiscal year, a big increase from plans revealed back in October to build just 120 to 150 new small stores.

Jamie Baker Roskie

https://lawprofessors.typepad.com/land_use/2014/02/walmart-finally-adopts-a-strategy-for-smaller-stores.html

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