Wal-Mart has canceled long-standing plans to build two stores in D.C., raising doubt about the future of Skyland Town Center, the massive project in Ward 7 a decade in the making.
The news came Friday morning as part of an announcement that the world's largest retailer would close 269 stores worldwide, including 154 in the United States. Prior to releasing its full list of store closings(one in Baltimore, none in Virginia), Wal-Mart said it will pull out of the Skyland and Capitol Gateway projects in Southeast and Northeast D.C., respectively.
"As part of a broad, strategic review of our existing portfolio and pipeline, we've concluded opening two additional stores in Washington, D.C., is not viable at this time," a Wal-Mart spokesman said. "Our experience over the last three years operating our current stores in D.C. has given us a fuller view on building and operating stores in the District. This decision will not affect our three existing stores and we look forward to continue serving these customers in the future."
We're reaching out to the developers of Skyland and Capital Gateway for comment and will update this story when we hear from them.
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