Wal-Mart Gives Up On NYC?


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After a few years of trying to crack the five boroughs, Wal-Mart has [reportedly decided to give up] their chase for retail superiority in New York City. Quote:


Chairman Lee Scott told The New York Times that doing business in New York was expensive and exasperating, adding, "I don't think it's worth the effort."


If you're still looking for that shopping fix, you can hit any number of Wal-Mart's in New Jersey, or closer locations in White Plains and Valley Stream. More on the Wal-Mart effect [here].


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