Walmart to open up to 300 stores in food deserts

Walmart (NYSE: WMT) is making plans to bring more of its fresh food and grocery offerings to "food deserts."  These typically low-income communities are defined by the federal government as an area where most of the residents have to travel more than one mile to get to the nearest market that sells fresh produce and other nutritious food.

"We really feel that as the nation's largest grocer that we have a responsibility to do what we can to help people with their food purchases and improve their access to affordable fresh food," said Walmart spokesman Bill Wertz, addressing the chain's push into food desert areas. "This is part of it." Story