Why is Walmart Buying Shopping Malls? The Bold New Strategy for 2025
The retail world was caught off guard in early 2025 when Walmart made a move usually reserved for real estate investment trusts (REITs): it purchased a 1.2 million-square-foot shopping mall. The Walmart shopping mall purchase of the Monroeville Mall near Pittsburgh for $34 million signals a major shift in how the world’s largest retailer views…