Find in the news:
BY COUNTRY

Walmart’s New Strategy



Through the fiscal year 2016, Walmart has a new strategy plan in place.  

Instead of its traditional focus on large format stores and price rollbacks, the retail giant will be working hard to promote online sales while opening smaller brick and mortar stores.

The company is planning on adding 26 to 30 million square feet of retail space worldwide during this time, which is a reduction from the original projection of between 32 and 34 million square feet. Walmart plans to open nearly 240 of the new, smaller format stores by the end of the 2015 fiscal year, with another 20 of the smaller store openings carrying over into 2016. During this time, the company plans to spend between $11.6 billion and $12.9 billion carrying out the updated strategy, and these expenditures also represent a slight decrease from the company’s original projections.

WalMart

A great deal of Walmart’s spending into the 2016 fiscal year will be focused on increasing its amount of e-commerce investments in a bid to compete more strongly with companies like Amazon. As the global marketplace continues to evolve and more and more consumers look to the convenience of online shopping, Walmart continues to seek out new, more relevant ways to serve its existing customers and to offer services that attract new customers. While the company continues to emphasize their core values of providing a wide array of goods, maintaining excellent customer service and keeping prices low, they want to be able to give their customers the choices they want in ways that are effective and convenient for today’s consumer.

One current area of focus for Walmart is their Neighborhood Market stores, formerly called Walmart Express stores. These shops are much smaller than traditional Walmart Supercenters and are designed for the customer who needs a quick trip to purchase a last-minute item, pick up a forgotten dinner ingredient, or fill a prescription. Walmart’s research has indicated that these smaller format Neighborhood Markets truly appeal to today’s busy customer, who often doesn’t have time to stock up on groceries all at once or to wait in a long supermarket line. The company plans to open between 200 and 220 Neighborhood Markets by the middle of the 2016 fiscal year as part of its new retail strategy.

Additionally, Walmart is also slowing its rate of growth for its Sam’s Club locations. Walmart will only open between nine and 12 Sam’s Club locations in the next fiscal year, opting to remodel between 50 and 60 of its existing clubs to more accurately reflect and cater to today’s consumer.

More about shopping malls in the USA



TODAY, Italy:
LVMH has reached an agreement to acquire the jewelry company Pedemonte Group.
YESTERDAY, USA:
H&M Williamsburg is located at 92 N. 6th St., Brooklyn, New York.
YESTERDAY, USA:
From NY and LA to Honolulu.
DAY BEFORE YESTERDAY, Sweden:
Ingka Group presented a new concept of food courts, which will open in shopping centers from 2023.
DAY BEFORE YESTERDAY, USA:
American retailer Target has agreed to expand its partnership with Starbucks.
DAY BEFORE YESTERDAY, USA:
Construction is expected to begin in 2025 and be completed in 2028.
Friend
and Follow
AEON MALL Okinawa Rycom GLA:839 585 SF
ADDRESS: 901-2300 Tochi-kukaku seirichinai Awase, Kitanakagusuku Village, Nakagami District, Okinawa
Japan . Ginowan
AEON MALL Okinawa Rycom
Mall of Qatar GLA:1 743 753 SF
Qatar . Doha
Mall of Qatar
Liberty Center GLA:828 821 SF
USA . Cincinnati
Liberty Center
Dania Pointe GLA:975 000 SF
ADDRESS: 292-344 North Bryan Road, Dania Beach, FL 33004
USA . Fort Lauderdale
Dania Pointe


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us