Wal-Mart puts expansion on 2005 agenda

Jan. 1, 2005
Wal-Mart Stores Inc intends to expand its store space by 8% in the fiscal year starting in February 2005. This includes three new food distribution centers

Wal-Mart Stores Inc intends to expand its store space by 8% in the fiscal year starting in February 2005. This includes three new food distribution centers and three new regional general merchandise distribution centers, which will add more than 5 million square feet of distribution space.

The planned increase exceeds the 655 million square feet the Bentonville AR-based retailer plans to be operating by the end of this fiscal year. Wal-Mart said relocations or expansions of existing discount stores would account for about 160 of the 240 to 250 Supercenters it plans to add.

In fiscal 2005, the firm said it will add 25 to 30 new Neighborhood Market stores and 30 to 40 Sam's Club operations. Wal-Mart's international division intends to open about 155 to 165 stores in existing markets, with 30% of this total as relocations or expansions.

Sponsored Recommendations

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...

80% Fewer Towable Accidents - 10 Key Strategies

After installing grille guards on all of their Class 8 trucks, a major Midwest fleet reported they had reduced their number of towable accidents by 80% post installation – including...

Proactive Fleet Safety: A Guide to Improved Efficiency and Profitability

Each year, carriers lose around 32.6 billion vehicle hours as a result of weather-related congestion. Discover how to shift from reactive to proactive, improve efficiency, and...

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!