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Regional News

Wal-Mart Expands


A nationwide retail giant is considering building 17 more stores in the Portland area. Wal-Mart conducted an economic study which found the retailer would pick up about 35% of the market share. The study also predicted Wal-Mart would bring about 4300 new full- and part-time jobs, as well as 2100 construction jobs.

Safeway currently leads the grocery market share in Oregon at 25%. Fred Meyer is number two at 23%. Wal-Mart currently has an 11% market share and Albertsons is at 10% in Oregon.

 

 

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