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Tuesday, December 20, 2011

It's St. Wally's World Now

Chinamart Walmart is looking to buy the property in Southfield, Michigan formerly occupied by the St. Bede Catholic Church.  Just 4 miles from the Detroit border, the hollowing out of the Motor City's older suburbs' community-building institutions continues.  http://www.hometownlife.com/article/20111218/NEWS20/112180365/Archdiocese-Walmart-may-buy-St-Bede?odyssey=nav|head  On the positive side, Walmart stock looks ready to break out of a twelve year base - with a target of around $80 per share.

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