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In good sign for local retail market, Wal-mart plans four new Austin-area supercenters

Courtesy Austin American-Statesman

In a healthy sign for the Central Texas retail market, Wal-Mart Stores Inc. says it plans to build four new supercenters in the area, with locations in Cedar Park, Manor, Kyle and Elgin.

Each store will be 150,000 square feet and employ about 300 associates, creating about 1,200 jobs, company officials said.  The stores in Kyle, Elgin and Manor will be Wal-Mart’s first entry into those markets. The supercenter planned for Cedar Park would be the second for that area northwest of Austin.

The announcement by the nation’s largest retailer is one of the strongest indications yet that the retail market could be picking up in Central Texas after shoppers reined in spending during the downturn.

Click to read full story: In good sign for local retail market, Wal-Mart plans four new Austin-area supercenters (Austin American-Statesman, 12-1-11)