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Wal-Mart Forced to Slow Sprawl Due to Economic Crisis

Jul 31, 2020
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It looks like Wal-Mart is being forced to scale backexpansion due to the struggling economy. That means it’s also being forced to scale back its help in perpetuating the absurd amount of suburban sprawl that the superstore has relied on since its birth. But not by all that much.
This year, Wal-Mart built 243 new stores. For 2009, it plans to build 212 new stores, and for 2010 it plans to build 177. The super-retailer will also scale back growth of Sam’s Club. This year, it built 25 new Sam’s Clubs; in 2010, it plans to add 15 to 20.
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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