Market News
11Jan2008 |
Wal-Mart's Round-the-clock StrategyDuring the recent holidays, 190 Wal-Mart stores remained open 24/7. The chain's original plan was to open 80 stores but popular response, said Wal-Mart, encouraged it to more than double the number of stores. Following the holidays, a select number of stores, located in smaller cities as well as the Greater Toronto Area, were chosen to remain open 24/7. Wal-Mart says the new hours will serve shift industry workers and families with tough schedules. Store traffic tends to peak between midnight and 2 a.m. and in the pre-morning rush, starting at about 5 a.m. Source: Canadian Grocer E-Newsletter, January 11, 2008. 
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