date:Oct 17, 2013
due to an acceleration of small-format openings and e-commerce initiatives.
Wal-Mart said it plans to open 115 supercenters in fiscal 2015, compared with 125 this year; and to accelerate the growth of small-format stores, mostly Neighborhood Markets, projecting between 120 and 150 next year, compared with 120 this year.
According to Bill Simon, president and CEO of Walmart U.S., We will accelerate growth of our Neighborhood Markets because of their strong returns, consistent comp-sales perform