DANIEL ARMBRUSTER ABOUT WHY THEY
CLOSED THESE STORES.
DANIEL: WALMART SAYS A NUMBER OF
FACTORS LED TO THEM CLOSING A
NUMBER OF STORES AND THE COMPANY
SAYS IT IS JUST TRYING TO PLAN
THE FUTURE.
WALMART SAYS 102 OF ITS EXPRESS
STORES ARE CLOSING.
IT TESTED OUT THE SMALLER STYLE
OF STORES IN 2011.
IT SEEMS THESE SMALLER FORMAT
STORES ARE NOT FILLING OUT THE
GOALS.
DANIEL: AN ECONOMIST WITH THE
UNIVERSITY OF ARKANSAS SAYS THE
NEIGHBORHOOD MARKET STORES AND
SUPERCENTERS THAT CLOSE WEATHER
-- CLOSE WERE LIKELY NOT MEETING
EXPECTATIONS.
THEY ARE CLOSING THOSE STORES
AND LEAVING THE OTHER WAS OPEN
THAT ARE MORE PROFITABLE.
