Walmart Buys Shopping Malls, Plans Multi-Use Centers

Walmart has recently purchased two shopping centers in the Pittsburgh area. The massive retailer purchased Monroeville Mall for $34 million and the Bethel Park Shopping Center for $39.6 million. The company's plans for the sites are still developing, though some tenants at Monroeville Mall have been told they will need to vacate by April 2027 so the property can be be torn down.