August 18, 2016

Walmart’s Real Estate A Shining Beacon

   August 18, 2016

Walmart’s Real Estate A Shining Beacon

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Editor’s remarks:

It is no secret that Walmart has taken advantage of its impressive acreage for renewable energy purposes. The importance of that real estate is growing with Macy’s turning to it to as a last-ditch source of income and solar companies seeing growth in numbers reported this week. Walmart itself is adjusting to the rising cost of labour and change in consumer shopping by recognising its own weak online presence and acquired Jet.com. Jet.com’s impressive growth over only two years suggests this move is a smart one. With vast real estate, having energy sources that will get cheaper and shifting online, the future looks bright for Wal-mart, regardless of the earnings they post today.

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