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Report: Wal-Mart to open 40-50 wholesale stores, launch e-commerce in India
Bentonville, Ark. – Wal-Mart Stores Inc. reportedly plans to open an additional 40 to 50 wholesale cash-and-carry stores in India during the next four years and also launch an Indian e-commerce operation. According to the Wall Street Journal, Wal-Mart will begin e-commerce sales in India during summer 2014 with one wholesale store offering goods online and delivering them for pickup at other local retailers up to about 25 miles away.
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NYC: Ripe With Urban Retail Possibilities
By Scott Klatsky, director of retail leasing, Time Equities, Inc.
New York City is the world’s retail hub — and within the city are major opportunities for retail expansion.
In fact, Time Equities, Inc., has availabilities all over Manhattan — from Greenwich Village/NYU to Midtown to Upper West Side to Tribeca to Financial District ... even Brooklyn Heights.
