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re: Wal-Mart pulls plug on small store format, shuts 269 stores

Posted on 1/15/16 at 2:17 pm to
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8486 posts
Posted on 1/15/16 at 2:17 pm to


This is the only reason I have been to the Wal-Marks in the past year. I do all of the big shopping at Kroger, which is a little further away. If I just need a couple of things, I will run through Wal-Mart and go through self checkout. I think there are 12 stations, so even if there's a line, it moves very quickly. Waiting in line at Wal-Mart is one of the worst forms of torture.
Posted by Porker Face
Midnight
Member since Feb 2012
15318 posts
Posted on 1/15/16 at 2:28 pm to
No big deal, McMillin said he would do this last year
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55217 posts
Posted on 1/15/16 at 3:05 pm to
So I wonder if Walmart owned the real estate these were on or was leasing? Is that a stupid question?
Posted by yellowhammer2098
New Orleans, LA
Member since Mar 2013
3850 posts
Posted on 1/15/16 at 3:12 pm to
quote:

So I wonder if Walmart owned the real estate these were on or was leasing? Is that a stupid question?



Not a stupid question.

I know a lot of the Neighborhood Markets are Net Leased deals where the property is leased by Walmart.

On the other hand, I know Super Walmarts are typically owned by "Wal-Mart Real Estate Business".

Not sure about Walmart Expresses though I'd imagine they are leased.

I think overall it is a mix.
This post was edited on 1/15/16 at 3:25 pm
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