Friday, December 17, 2010

Wal-Mart Tries Again for New York City Store

Here are some recent stories on Wal-Marts attempt to invade NYC:
New York City Council Postpones Wal-Mart Hearing 
Citing a committee room too small to accommodate growing interest in a hearing next week about the economic impact of Wal-Mart opening stores in New York, the New York City Council postponed the meeting until next year, when it will be held in a larger space.

See Also: Wal-Mart Tries Again for New York City Store
"We needed a bigger room," Council speaker, Christine C. Quinn, said. "We heard from unions all across the city, small business leaders from across the city. It's a growing list of people."

Walmart Makes Another Push Into New York City
Walmart hasn't given up on New York yet and is looking at real estate throughout the city. Many other metropolitan areas have blocked the retailer, largely over fear that it will damage the prospects of small local stores and regional chains. 

NY Daily News: Wal-Mart May Land in East New York; Community Braces for Big-Box Retailer
East New York is bracing for what could be the city's first Walmart, as the big box chain seriously eyes a site in the neighborhood.  "Related basically threw the supermarkets under the bus and decided to put all its eggs in the Walmart basket," said a real estate source

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