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Walmart’s store experience efforts ding profits
Lower gas prices led to improved traffic and a 1.1% same store sales increase at Walmart’s U.S. stores division, but total company performance suffered under the weight of a $3.3 billion foreign exchange impact and expense pressures which caused profits to decline 7%.
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Wal-Mart to open Neighborhood Market in Virginia center
Bentonville, Ark. – Wal-Mart Stores Inc. has signed a 42,000-sq.-ft. lease to open a Neighborhood Market at Nor-Dan Shopping Center in Danville, Virginia. The store is planned to open in 2016 and will employ approximately 95 people.
Nor-Dan Shopping Center is a 161,428-sq.-ft. community center anchored by Big Lots and It's Fashion Metro, operated by Phillips Edison & Co.

