Tuesday, September 20, 2011

City Resients Flock to Suburban Walmarts in Record Numbers

A Walmart store Despite political opposition to Walmart, many New Yorkers are growing more willing to welcome the store into their city. New figures reported by Crain's show local politicians may have 7.7 million reasons to follow suit. Sales to New York City residents in suburban stores are up 10 percent from a year ago, and city dwellers are on pace to spend $215 million at the area's stores this year. That would translate to at least $7.7 million in sales tax revenue alone, experts said.


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