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Walmart's latest acquisition is a shopping mall in Pennsylvania
WMTWalmart(WMT) CNBC·2025-02-04 19:00

CBL Properties sold the mall in a $34 million all-cash deal , according to a news release from the Tennessee-based mall owner in late January. The company did not name the buyer at the time.In a statement, Walmart said it "is very interested in being part of any future redevelopment of this site." It declined to share specific plans for the future of the mall.On Tuesday, the big-box retailer confirmed that it bought Monroeville Mall, which is roughly 12 miles east of Pittsburgh.Some malls have changed to re ...