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The mall closed at the end of March 2005, with plans for a Walmart Supercenter on the site announced by June. [19] [20] Demolition began on July 5, 2005, and the new Walmart Supercenter opened on January 19, 2007. [21] [22] Despite the mall's demolition, the area is still referred to as the Harding Mall area in advertising. [23]
Starting in 2005, Wal-Mart began negotiations with Simon Property Group to open a Supercenter at the mall. These plans would call for the demolition of the former JC Penney space, as well as the mall's movie theater, to make way for the Supercenter.
By April 2007, a newspaper report by The Commercial Appeal stated that Wal-Mart planned to build a 176,000 square-foot Supercenter location on a portion of the site. At the time, the retailer was under contract to purchase approximately 22 of the former mall site's 95 acres (380,000 m 2 ) for the project. [ 3 ]
While everybody is familiar with Walmart -- the company operates 10,500 retail units under 46 banners in 24 countries (and e-commerce sites) and is the largest U.S. private employer -- some may be...
A new Walmart Supercenter opened on September 11, 2013, and added 200 jobs to the Sweetwater area. [11] A Rural King store opened in Feb 2018. On January 15, 2022, Red Stag Fulfillment announced plans to develop a 420-acre ecommerce distribution center along I-75, estimated to provide 3,500 jobs and annual tax revenue of $1.9 million to the ...
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By 1988, Wal-Mart was the most profitable retailer in the United States, [7] though it did not outsell K-Mart and Sears in terms of value of items purchased until late 1990 or early 1991. By 1988, Walmart was operating in 27 states, having expanded into Arizona, Michigan, Ohio, West Virginia, New Jersey, and Wyoming.
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