Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Wal-Mart Updates Growth Plans
Oct 24, 2007
 Printable format
 Email this Article
 Search

Wal-Mart Stores, updated its plans for growth for the current fiscal year, and provided details about its expansion plans.    

Total capital spending for the current fiscal year 2008 is projected to be approximately US$15 billion, down from $15.7 billion last year. Looking forward, total capital spending will flatten. Wal-Mart will continue to accelerate its investment in its International operating segment during the next two fiscal years. New store growth remains part of the Wal-Mart Stores U.S. strategy and more emphasis will be placed on relocating and expanding existing discount stores to supercenters during the same time periods.

The company expects to add 48 to 49 million sq ft globally, which is an increase of 6% in fiscal year 2008 over fiscal year 2007.
During each of the following two fiscal years, Wal-Mart expects to increase square footage between 48 million and 52 million sq ft, an increase of 5 to 6%.

The company expects to open 195 supercenters in the United States this year, down 30% from the 281 opened during last fiscal year. Projections for next fiscal year and the following year call for 170 and 140 supercenters respectively, including expansions and relocations.

Sam's Club will continue its expansion at a rate similar to fiscal year 2008, with approximately 25 new, expanded or relocated U.S. facilities per year in fiscal year 2009 and fiscal year 2010.
    
Wal-Mart International will continue to have a faster growth rate than the company's U.S. operations.
.

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows