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In November 2001, the mall was renamed Phoenix Spectrum Mall, [4] and Grossman Company Properties began a $10 million renovation project. The mall changed its focus to discount stores, starting with the demolition of The Broadway and replacement by Walmart (originally built as a discount store, later expanded into a Supercenter) in 1994. [5]
Metrocenter was a regional enclosed shopping mall in northwest Phoenix, Arizona.It was bounded by Interstate 17, 31st, Dunlap and Peoria Avenues.Before its closure, the three most recently open anchor stores were Harkins Theatres, Walmart Supercenter, and Dillard's Clearance Center; three additional vacant anchor stores included former Sears, JCPenney, and Macy's locations.
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.
Walmart Inc. (/ ˈ w ɔː l m ɑːr t / ⓘ; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States and 23 other countries. It is headquartered in Bentonville, Arkansas. [11]
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A big-box store, a hyperstore, a supercenter, a superstore, or a megastore is a physically large retail establishment, usually part of a chain of stores. The term sometimes also refers, by extension, to the company that operates the store. The term "big-box" references the typical appearance of buildings occupied by such stores. [1]
Fry's Marketplace started out as Smitty's, Arizona's first multi-department store. Smitty's was similar to a Walmart Supercenter (but on a smaller scale) and even had a food court with four branded fast food options (such as Taco Bell). Smitty's notably carried the President's Choice brand. In 1996, Smitty's merged with Smith's Food and Drug ...
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