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Walmart in line to open 500 Neighborhood Market stores by fiscal 2016
New York -- Walmart will open as many as 115 small-format stores this year, according to Bill Simon, president and CEO of Walmart U.S.
Simon discussed the chain’s store portfolio during a presentation at Raymond James Institutional Investors conference. He noted that Walmart’s smaller-format stores (below 60,000 sq. ft.) are making inroads against dollar stores, supermarkets and drug stores and will play a key role in the company's future.
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TrueCount offers RFID solutions for small, mid-sized retailers
DOVER, N.H. — Zander Livingston, CEO of Truecount Corp, an RFID software provider, announced that Truecount is introducing a new Software as a Service (SaaS) pricing and deployment model that places inventory visibility and all other RFID benefits within the reach of any size retailer.