Thursday, February 24, 2011

Wal-Mart Stores Inc. (NYSE:WMT) New Opening

Wal-Mart Stores Inc. (NYSE:WMT) has plans to open a small-scale store at Presidential Towers. Wal-Mart Stores Inc. (NYSE:WMT) New Opening A company spokesman says that Wal-Mart Stores Inc. (NYSE:WMT), the Bentonville, Ark-based giant targets to spend $1 million to open a small-scale store of 26,491 square feet in the residential complex at 555 W. Madison St. The store which will mainly focuses on groceries will be functioned under Neighborhood Market banner. Philip Lukowski, an executive with Waterton Associates LLC, the Chicago-based firm that owns Presidential Towers says, "Our objective was to have a full-service grocery market. He says he doesn't believe there will be as much backlash as there was over news Wal-Mart Stores Inc. (NYSE:WMT) was in talks for a site in the Lakeview neighborhood. "I think what we'll find here is that over the long term, for the residents and the neighborhood, this will be a very positive development." Wal-Mart Stores Inc. (NYSE:WMT) stocks are currently standing at 53.03. Price History Last Price: 53.03 52 Week Low / High: 47.77 / 57.9 50 Day Moving Average: 55.01 6 Month Price Change %: 10.3% 12 Month Price Change %: 3.6%
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