Tuesday, September 21, 2010

RUMOR MILL: WILL NELA SHOPPERS BE SEEING A WAL-MART IN THEIR FUTURE SOON?



Wal-Mart representatives approached the owner of the old Kmart site (3150 San Fernando Rd) and expressed an interest in leasing the vacant site. Wal-Mart is currently seeking to expand its operations in urban markets; such as Los Angeles. No further details are currently available.

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The site has sat vacant since December 2004 when Kmart closed its doors. Subsequent efforts to open a Home Depot store were unsuccessful and in December 2007 the effort was abandoned. Home Depot's decision to abandon their efforts to open a store was welcomed news to the No Home Depot Coalition (NHDC); and many community activists in both the Atwater Village and Glassell Park communities. Both communities had vigorously protested against Home Depot installing a 3rd store on a four mile stretch of San Fernando Road.

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