Tuesday, June 24, 2008

Wal-Mart downsizes Northcross plans

Who says there’s no silver lining in a recession? Wal-Mart has decided to slash the size of its planned Northcross Mall Supercenter almost in half.

The Supercenter’s scale is being reduced from 192,000 square feet to 99,000 square feet. It will now be one story instead of two and there won’t be a parking garage, auto repair shop or garden center.

This is good news for Supercenter opponents and not a bad business decision by the Bentonville mafia, either. Why build a store that’s nine times the size of God when you can easily fill the market gap with a store that’s only five times the size of God? Wal-Mart is going to save a bundle on construction and future energy costs while still leaving H-E-B in the dust in this part of town.

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