Walmart has spent more than $110 million buying malls this year in a move to become a property owner, not just a tenant
PositiveFinancial Markets

Walmart's recent investment of over $110 million in purchasing malls marks a significant shift in its business strategy, aiming to become a property owner rather than just a tenant. This move not only strengthens Walmart's position in the retail market but also reflects a growing trend among retailers to secure their real estate assets. By owning more properties, Walmart can potentially reduce costs and increase control over its operations, which could lead to better customer experiences and enhanced profitability.
— Curated by the World Pulse Now AI Editorial System