Monday, December 19, 2005

Wal-Mart announces growth plans

Progressive Grocer details Wal-Mart's recent growth moves and the plans they've announced for next year, including:
  • Taking over majority interest in the 405-store Seiyu chain in Japan
  • Buying 140 stores from Sonae in Brazil
  • In September, gaining a 33% share in Central American Retail Holdings, including "363 supermarkets and other stores in Guatemala, Honduras, El Salvador, Nicaragua, and Costa Rica"
  • Planning 370 new stores in North America, and
  • 230 stores in other geographies

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