Walmart's $9 billion store makeover may already be paying off

yahoo Finance

Spotlights, staged dinner tables, dressed mannequins — no, it’s not your local theatre play — rather a revamped Walmart (WMT) store.

Telsey Advisory Group Senior Managing Director Joe Feldman, who has an outperform rating on shares, called the renovations “really well done” over the phone to Yahoo Finance. Feldman said the showcases in home and apparel is able to “highlight products better,” and reminds him of one of the retailer’s rivals. “They’ve got mannequins, dressed up…you can see the whole family kind of the way Target does.”

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