WAL-MART NEIGHBORHOOD MARKET

'Wal-Mart Neighborhood Market' is chain of grocery stores launched by Wal-Mart in 1998. These stores are designed to be the opposite of vastly larger superstores. These smaller stores are meant to "woo shoppers with easier parking, less crowded aisles and quicker checkout." Neighborhood Market stores offer a variety of products including a full-line of groceries, pharmaceuticals, health and beauty aids, photo developing services, and a limited selection of general merchandise. Generally located in markets with Wal-Mart Supercenters, they supplement Wal-Mart's strong food distribution network. As of May 31, 2007, there were 118 Neighborhood Markets in the United States.^[2]

Contents

History

Puerto Rico

Canada

United States

References

External links

History

First opened in 1998, Neighborhood Markets range around 40,000 square feet, which is a quarter of the size of a typical Wal-Mart Supercenter in the United States. However, in many countries, stores of this scale would be classified as superstores or "compact hypermarkets". Neighborhood Markets employ 80-100 employees and offer about 28,000 items.

Puerto Rico

In July 2004, Wal-Mart acquired Amigo Supermarkets located in Puerto Rico, they are very similar to the Neighborhood Markets, but the store name remains as Amigo and employees use Wal-Mart ID tags to identify themselves.

Canada

In 2006, the concept rolled into Canada. The number of stores opened in 2006 are three stores (one in London, Ontario, and two in the Greater Toronto area), but the number could possibly increase by the end of the year.

United States

In July of 2007, Wal-Mart announced they would be opening a Wal-Mart Neighboorhood Market in Norfolk, Virginia during the Fall of 2008. One such store already exists in Evansville, Indiana.^[3]

References

1. 2007 Top 75 North American Food Retailers, ''Supermarket News'', Last accessed February 24, 2007.
2. "Corporate Profile." ''Wal-Mart.'' Retrieved on November 10, 2006.
3. "Walmart Store Details." ''Wal-Mart.'' Retrieved on August 18, 2007.

External links

★ Wal-Mart official website