Retail News

Amid Slowing Sales, Walmart Reduces Floorspace for Electronics

Bloomberg 04/12/2011

According to Rosalind Brewer, exec. VP and president of Walmart East, the retailer will cut space for electronics products, such as flat-screen TVs, in response to declining sales in the category. One analyst estimates the reduction could be about 2,000 sq. ft. per store.

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