Walmart Readies "Project Impact"
Walmart is planning a major remodeling, in both store aesthetics and strategy, that it is calling "Project Impact," Time Magazine reported last week.
The remodeling is discussed by the company earlier this year, when Mike Duke replaced the retiring Lee Scott as the retail giant's CEO.
According to the Time report, goals of the new effort include cleaner stores, friendlier customer service and a shot at dominating certain categories. Walmart hopes that the new strategy will speed up growth and impress investors.