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A Possible New Format for Wal-Mart

Supermarket News reports that Wal-Mart is contemplating a new small-scale format to compete with the rising Tesco Fresh & Easy chain.
Wal-Mart Stores here may be contemplating a small-store format to challenge Tesco's Fresh & Easy Neighborhood Market following the installation of David Wild as the executive in charge of evaluating business opportunities, according to European trade reports. Wild, who will be based here, is a former international managing director of Tesco and a former senior executive at Metro AG, the chain that Wal-Mart sold its German stores to last year. Wal-Mart confirmed to SN yesterday that Wild has relocated to the U.S. to evaluate business opportunities for the company — a role the European sources said could involve developing a new format to challenge Tesco's entry.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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