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Walmart’s Real Estate Strategy: Owning and Redeveloping Shopping Centers
Summary by Arkansas Business
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Walmart’s Real Estate Strategy: Owning and Redeveloping Shopping Centers
Walmart Inc. has spent $118 million this year to buy three shopping centers, joining a trend of retailers becoming landlords rather than just tenants. In August, Little Rock-based Dillard’s Inc. partnered with Trademark Property Co. of Fort Worth, Texas, to buy the 646,000-SF Longview Mall in east Texas. Dillard’s has a store in the mall, but instead of paying rent, the real estate-savvy department store chain will now be collecting. Neither Dil…
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Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
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