Amid a spate of strategic store closures reportedly due to underperformance, the superchain is opening a new, distinct location. Now comes that word despite the multiple recent and upcoming closures, a new Walmart grocery store is opening in Arizona. Walmart, 2023According to a report from ABC15.com, entitled “Walmart to Open Store at Phoenix Raceway Campground, the new location is not a full-service store. As excerpted from the report: Phoenix Raceway announced Thursday that it signed a deal with Walmart Inc. (NYSE: WMT) to open a grocery store at the speedway’s campground. There has been no word from the company if this grocery store model will be followed by others in the near-future.

Source: The Guardian February 18, 2023 19:59 UTC