Recognizing that smaller is sometimes better, Wal-Mart announced
ROBERT STEUTEVILLE    MAY. 1, 1998
Recognizing that smaller is sometimes better, Wal-Mart announced that it is opening three 40,000 square foot stores in the towns of Springdale, Bentonville and Sherwood, Arkansas. The average size of Wal-Mart stores are 92,000 square feet. The company is not releasing design details for the smaller stores, but almost certainly they will be conventionally designed. Elsewhere, the company is opening 160 massive big box stores in 1998 — so the new stores represents a very small shift in strategy.