MIAMI—Walmart is expanding rapidly in Florida, and especially in Miami. What's behind the growth? In a word, population. Florida just surpassed New York to become the third most populous state in the nation. Florida is a hot retail market and Walmart is taking full advantage of the opportunity.
Case in point: a new Walmart Neighborhood Market opened on Tuesday in Miami Gardens. And that's just one in a string of Florida openings or new planned store announcements over the past six months.
The City of Miami got its very first Walmart in November. The new retail store was part of Walmart's plan to open 270 to 300 small-format locations in 2014.
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