159 city Walmarts? They’d need that many to compete with NYC local grocery market, critics say
New York Daily News, By Erin Durkin, September 22, 2011. Walmart would have to open as many as 159 stores in New York City to gain a successful market share, the chain's foes say in a new report. Researchers calculated how many stores it would take for Walmart to claim 21% of the city's grocery market - its average share of the market nationally - and found they'd have to open 159 across the five boroughs to achieve that.