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DDR and Walmart team to open, expand four stores
Beachwood, Ohio -- DDR Corp. announced Friday plans to redevelop four shopping centers by adding two new Walmart stores in Florida and expanding two existing stores in Ohio and Puerto Rico.
"These projects will deliver desired growth opportunities to the world's most successful retailer and further strengthen DDR's relationship with its largest tenant," said Paul Freddo, senior executive VP leasing & development for DDR.
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And in pricing news this week
Walmart continues to be the undisputed champ when it comes to the lowest prices, but recent “studies” indicate a range of opinions as to whether the champ is retaining the title in split decision bouts that go the distance as opposed to first round knock outs.
The variation in opinion depends on who you ask and where you look. The pricing gap between Target and Walmart narrowed last month to a scant 1.7% as Walmart took prices up slightly during August while Target did the opposite, according to a monthly survey by the retail research team at Credit Suisse.