02.19.07, 10:47 AM ET
Wal-Mart Stores Inc. announced Monday its plans for nine stores in areas in need of economic revitalization and said it will use those stores to help other businesses in the area develop.
Wal-Mart (nyse: WMT - news - people ) Vice Chairman John Menzer, who heads the company's U.S. operation, was traveling to Indianapolis and Pittsburgh to announce that the company is moving into neighborhoods in each of those cities where commerce has faltered.
Menzer said Wal-Mart is working with local chambers of commerce, business groups and minority-owned businesses with the goal of guiding new suppliers and helping new or existing shops thrive.
"We're looking at working families that need us the most," Menzer said. "That's where we want to go."
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Other stores announced Monday:
_Cleveland - a Supercenter is to open in the fall at the site of a former steelyard. Other retailers are to have storefronts in the development.
_Decatur, Ga. - the community outside of Atlanta is to get a Supercenter in early 2008 at the site of a former mall.
_El Mirage, Ariz. - a Supercenter is to open during the summer near Luke Air Force Base.
_Landover Hills, Md. - is to be the site of the first Wal-Mart store to open inside the beltway of Washington, D.C. The store will be in Prince George's County at the former Capital Plaza Shopping Center.
_Portsmouth, Va. - a Supercenter opened last month in the city's midtown at an area targeted for redevelopment.
_Richmond, Calif. - a Wal-Mart is to open in the spring at a former department store location in the Bay Area community.
_Sanger, Calif. - A Supercenter is to open in the spring at a former commercial building in the community near Fresno.