Still room for discount stores.(Retail--Environment)

From: Chain Drug Review | Date: July 19, 2004 | Copyright information

BENTONVILLE, Ark. -- While the Supercenter is Wal-Mart's growth vehicle of choice the company has not forsaken the discount stores that were at the heart of its expansion for nearly four decades.

In fact, Wal-Mart plans to add as many as 55 discount stores this fiscal year. They will be built for the most part in locations that will not accommodate a Supercenter.

One emerging opportunity for discount outlets is presented by the redevelopment of urban neighborhoods. With the units' smaller footprint and parking needs than Supercenters', the discount store format is an ...

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