Wal-Mart Scouts Out New York, Plans New China Store
Bentonville, Ark.-based retailer Wal-Mart Stores, Inc. is surveying potential store locations in New York, according to Crainsnewyork.com. After renouncing the initiative several years ago, due to opposition from labor unions and surrounding communities, the company now feels that the current economic recession has provided a unique opportunity to expand into the city.