Wal-Mart Opens East Coast Office

NEW YORK ( TheStreet) -- Wal-Mart ( WMT)announced on Thursday that it will establish an office in Atlanta.

This will put the discount giant closer to urban markets it has its eyes on like New York City.

The new office, which will be run by Rosalind Brewer, president of Wal-Mart East and executive vice president of Wal-Mart U.S., will manage 1,600 stores in 20 cities.

The states that will be operated under the new unit include: Alabama, Connecticut, Delaware, Florida, Georgia, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia and West Virginia.

--Written by Jeanine Poggi in New York.

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