Wal-Mart’s N.Y. Plan: Retailer Pushing Effort To Build in 5 Boroughs
Wal-Mart Stores, battling political and organized labor opposition, has renewed its drive to gain a foothold in New York City. After being defeated last year in its initial expansion push here, the retailer has gone on the offensive.
From This Issue
Due to successful store growth initiatives, a steadily recovering economy and a strong fashion cycle, a growing number of specialty apparel retailers joined the club by posting significant billion-dollar revenue benchmarks in the most recent fiscal year.
A recent survey from the Boston Consulting Group revealed that companies see significant sales growth opportunities in rapidly developing economies such as China and India, but are not making investments in these places to capitalize on it.