Wal-Mart Withdraws Lancaster Supercenter Plans14th September 2007Christopher Buchanan
Senior Manager, Public Affairs
Northeast Region
(Phone) 508-759-4581
(Fax) 508-759-4839
Chris.Buchanan@wal-mart.com
FOR IMMEDIATE RELEASE
Wal-Mart Withdraws Lancaster Supercenter Plans
BENTONVILLE, Ark. September 14, 2007 Wal-Mart announced today that they have withdrawn their plans to build a Wal-Mart Supercenter off of Old Union Turnpike in Lancaster. The decision is related to Wal-Mart's recently announced plans to moderate growth of U.S. Supercenters as part of leveraging capital resources through a strategy designed to improve returns, productivity and sales within U.S. stores.
Working with the town of Lancaster has been a pleasure, said Public Affairs Manager, Christopher Buchanan. At this time, our corporation has made the decision that this project is not in sync with our overall growth strategy.
We appreciate the support and relationships that we have built in Lancaster, Buchanan continued. It is this support that allows Wal-Mart to continue to help working America by saving customers money so that they can live better.
Lancaster will still be able to enjoy the benefits of a Wal-Mart Supercenter which is being constructed in Leominster. The new Leominster Supercenter will also serve the Lancaster community and provide jobs, charitable contributions and increased shopping options.
Read the official announcement here.
About Wal-Mart Stores, Inc. (NYSE: WMT) Every week, more than 127 million customers visit Wal-Mart Stores, Supercenters, Neighborhood Markets, and Sam's Club locations across America or log on to its online store at www.walmart.com. The company and its Foundation are committed to a philosophy of giving back locally. Wal-Mart (NYSE: WMT) is proud to support the causes that are important to customers and associates right in their own neighborhoods, and last year gave more than $270 million to local communities in the United States. To learn more, visit www.walmartfacts.com, www.walmartstores.com, or www.walmartfoundation.org -###-
Senior Manager, Public Affairs
Northeast Region
(Phone) 508-759-4581
(Fax) 508-759-4839
Chris.Buchanan@wal-mart.com
FOR IMMEDIATE RELEASE
Wal-Mart Withdraws Lancaster Supercenter Plans
BENTONVILLE, Ark. September 14, 2007 Wal-Mart announced today that they have withdrawn their plans to build a Wal-Mart Supercenter off of Old Union Turnpike in Lancaster. The decision is related to Wal-Mart's recently announced plans to moderate growth of U.S. Supercenters as part of leveraging capital resources through a strategy designed to improve returns, productivity and sales within U.S. stores.
Working with the town of Lancaster has been a pleasure, said Public Affairs Manager, Christopher Buchanan. At this time, our corporation has made the decision that this project is not in sync with our overall growth strategy.
We appreciate the support and relationships that we have built in Lancaster, Buchanan continued. It is this support that allows Wal-Mart to continue to help working America by saving customers money so that they can live better.
Lancaster will still be able to enjoy the benefits of a Wal-Mart Supercenter which is being constructed in Leominster. The new Leominster Supercenter will also serve the Lancaster community and provide jobs, charitable contributions and increased shopping options.
Read the official announcement here.
About Wal-Mart Stores, Inc. (NYSE: WMT) Every week, more than 127 million customers visit Wal-Mart Stores, Supercenters, Neighborhood Markets, and Sam's Club locations across America or log on to its online store at www.walmart.com. The company and its Foundation are committed to a philosophy of giving back locally. Wal-Mart (NYSE: WMT) is proud to support the causes that are important to customers and associates right in their own neighborhoods, and last year gave more than $270 million to local communities in the United States. To learn more, visit www.walmartfacts.com, www.walmartstores.com, or www.walmartfoundation.org -###-
Click for full-size image
"If some community, for whatever reason, doesn't want us in there, we aren't interested in going in and creating a fuss."
- Sam Walton