re: Wal-Mart getting into the banking business

quote:

---

Does this mean those branches are going away?

---

Right now, many of th elocations that have those bank branches, also have a WalMart financial center of sorts, where you can send money to other people, buy gift cards, cash payroll checks, etc.

My guess is WMT will try to do the new stuff via that space, and keep the banks where they are. I'm sure WMT makes a nice rent from those banks.