Wal-Mart looks to scaled-down stores to boost growth

06/22/2011 | SCT Newswire

Wal-Mart plans to add additional Neighborhood Market supermarkets, doubling its portfolio during the next three years, says President and CEO Bill Simon. Wal-Mart expects the smaller Neighborhood Market stores to boost same-store growth, though its 185,000-square-foot Supercenters will continue to be its primary asset.

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