Walmart Stock Hits New All-Time Highs, Company Goes Shopping For
1. Walmart purchased Monroeville Mall for $34 million, indicating strategic expansion. 2. The mall, visited by 3.5 million annually, may attract new tenants. 3. Walmart plans redevelopment with Cypress Equities, suggesting possible store addition. 4. The acquisition could influence Walmart's retail landlord model nationwide. 5. Walmart's stock hit 52-week highs, reflecting investor optimism.