Wal-Mart to open 115 more small-format outlets

03/5/2013 | Wall Street Journal, The

Wal-Mart is pleased with the performance of a new set of stores under 60,000 square feet -- a smaller format where location rules, says Bill Simon, chief of Wal-Mart's U.S. division. The retail giant hopes to open 115 more this fiscal year. "We can deliver price, and assortment and fresh food and Rx," says Simon.

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