date:Jun 07, 2013
Wal-Mart Stores could accelerate the opening pace of its Neighborhood Market grocery stores, Bill Simon, the retailers U.S. chief executive officer, said here Thursday.
Simon said the company had plans to open between 80 and 100 Neighborhood Market stores this year and next, with the potential to increase that number as returns on newly built stores approach those of its Supercenter format. While declining to cite a specific sales figure, he said the chain was comping as well as any grocery