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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWalmart U.S. to use supercenters as distribution hubs
Wal-Mart Stores Inc plans to use some of its large U.S. stores as distribution centers for nearby smaller stores, a move that could help the chain keep goods in stock and cut costs, Walmart U.S. Chief Executive Bill Simon said on Tuesday.
The plan is being tested and will roll out in the first of three unnamed markets in March, Simon said at the company's meeting with investors and analysts in Arkansas on Tuesday. The meeting was also webcast.
The world's largest retailer sees the economy as "tough" and "unpredictable" around the world, Chief Executive Officer Mike Duke said.
In the United States, the government shutdown is on the minds of the company's customers, Duke said. While Wal-Mart has not yet given specific details of how the shutdown is affecting its business, it was blunt that it is seeing an impact.
http://ca.news.yahoo.com/wal-mart-says-u-government-shutdown-customers-minds-132111163--business.html
Seems like the supercenter concept is dead.
FreakinDJ
(17,644 posts)onethatcares
(16,169 posts)and make it even worse than it already is for the employees.