Wal-Mart uses recession in attempt to come to NYC

“Now, more than any other time in recent memory, New York City residents want and need better access to our stores so they are not forced to travel to New Jersey or Long Island to benefit from the savings Wal-Mart provides for working families,”... “Hopefully we will be able to bring a store to New York in the near future.” -a spokesman, Philip Serghini, in an e-mail message, in yesterdays Crain's.

Here is Wal-Mart once again using the recession as a frugal attempt to enter New York City.