Wal-Mart announced a new "urban strategy" to move into cities that have traditionally been hostile to the big box retailer. Smaller format stores will concentrate on selling groceries, which account for about half the company's sales already.
The stores will be in the range of 20,000 square feet and will feature fresh food and prepared take-out. The San Francisco Bay Area is a target, as the company hopes to open two dozen stores in the region. "Wal-Mart is throwing out their old playbook," said Garrick Brown, VP of research at Colliers International, to the Chronicle. "They're going after the urban market, which they haven't been able to penetrate, mostly because of their size." Brown said that a company source expects Wal-Mart to open between 300 and 400 new city-centric stores nation-wide.
Thanks to Amy Heibel
FULL STORY: American Banking News
Is A Small, Urban Wal-Mart Too Little Too Late?
Recent reports have revealed weaknesses in the big box business model. Will Wal-Mart’s new urban stores be as successful as its outdated model?
Mega-Retailer Revives Effort to Move Into New York City
Wal-Mart has started a major public relations effort to try to get the public behind plans to open several of its big box retail stores in New York City.
Retail Space Shrinking Again in 2018
Because of closures at big box stores like Toys R US, 2018 will see total retail space down sharply even while the number of store closures is small compared to last year.
Seattle Legalizes Co-Living
A new state law requires all Washington cities to allow co-living facilities in areas zoned for multifamily housing.
NYC Officials Announce Broadway Pedestrianization Project
Two blocks of the marquee street will become mostly car-free public spaces.
The City of Broken Sidewalks
Can Los Angeles fix 4,000 miles of broken sidewalks before the city hosts the 2028 Olympic Games?
Why Some Affordable Housing Managers Are Running Education Programs
Many housing organizations are finding that educational programs are a logical — and valuable — addition to their offerings.
Anchorage Bus Depot to Reopen
After a four-year closure, a downtown Anchorage transit center will once again provide indoor waiting areas and services for bus travelers.
Mapping a Greener Future: Cal Poly Tackles Urban Canopy Challenges
Cal Poly, in partnership with Cal Fire, is leading the development of California’s new Strategic Plan for Urban Forestry, combining advanced data tools and interdisciplinary collaboration to expand tree canopy cover.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Village of Glen Ellyn
City of Laramie
American Planning Association, Sustainable Communities Division
HUDs Office of Policy Development and Research
City of Cambridge, Maryland
Newport County Development Council: Connect Greater Newport
Rockdale County Board of Commissioners