Walmart

September retail sales rise for third consecutive month
Walmart maintains expansion pace
Walmart plans 30 to 40 smaller stores next year

Between 30 and 40 small format Walmart stores are slated to open next year, Walmart US president and CEO Bill Simon told investors at the company’s 17th annual analysts’ meeting on Wednesday.

Simon’s presentation at the meeting was highly anticipated as it was his first appearance at the event in the capacity of president and CEO, a role he assumed in late June, and due to the fact there was considerable speculation in advance of the event about Walmart’s plans for smaller stores.
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Target and Wal-Mart among SAP Retail Innovation and Impact Awards winners