It's pretty clear that Wal-Mart prefers to sell its vacant big boxes to stores that do not directly compete with its general merchandise or food sales. In fact, when it finds a suitable buyer, it sells right away:
Construction has yet to begin on Demopolis's new Wal-Mart Supercenter on Highway 80, but that hasn't stopped the company from already selling the current building housing the local retail giant...Exactly who or what has purchased the location remains a mystery as of press time, however. Calls to the Wal-Mart realty office in Atlanta asking for confirmation had yet to be returned, and the Rockwood Exchange site does not divulge the identity of the buyer.
Posted by Kevin on January, 25 2005 at 10:46 AM
