Walmart Neighborhood Market

Walmart Neighborhood Market
Subsidiary
Industry Retail
Founded 1998
Number of locations
 698[1]
Products Bakery, dairy, deli, frozen foods, grocery, meat, pharmacy, produce, seafood, snacks, liquor
Revenue $4.8 billion USD (2007)[2]
Parent Walmart
Website Walmart.com

Walmart Neighborhood Market is a chain of grocery stores launched by Walmart in 1998.[3] 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." Walmart Neighborhood Market stores offer a variety of products including a full line of groceries.

History

First Neighborhood Market Logo used from 1998-2008.
Second Neighborhood Market Logo used from 2008-2010.
Logo used from 2010-2011

Introduced in 1998 as Wal-Mart Neighborhood Market, they range around 38,000 square feet (3,500 m2), which is a quarter of the size of a typical Walmart Supercenter in the United States. However, in many countries, stores of this scale would be classified as superstores or "compact hypermarkets." Walmart Neighborhood Markets employ 80–100 employees and offer about 28,000 items.

United States

Walmart Neighborhood Market

Exterior of a Neighborhood Market by Walmart in Winter Springs, Florida
Larger Walmart Neighborhood Market in Madison, Tennessee

Some of these stores are located in a smaller city that is a city or two away from larger cities with a Walmart Supercenter store. The only states without a Neighborhood Market are:[4]


Supermercado

Walmart opened "Supermercado de Walmart" locations to appeal to Hispanic communities in the United States. These stores are similar to Walmart Neighborhood Markets. The first one, a 39,000 square feet (3,600 m2) store in the Spring Branch area of Houston, opened on Wednesday April 29, 2009. The store was a conversion of an existing Walmart Neighborhood Market.

In 2014, both the two Supermercado de Walmart locations have closed.

Puerto Rico

In July 2003, Walmart acquired Amigo Supermarkets in Puerto Rico. They are very similar to Walmart Neighborhood Markets, but the name is Amigo.

Argentina

In 1997, Walmart entered Argentina with one Supercenter in Avellaneda (Greater Buenos Aires). After slow growth during the following decade, a new store format was developed inspired by the WalMart Neighborhood Market stores. The new stores were branded Chango Mas. Expansion followed rapidly and other smaller formats spun off this concept. As of December 31 2015, the store count for Changomas and sister stores is as follows:

There are currently 32 Supercenters in Argentina and 6 Walmart Supermercado locations.

References

  1. ↑ "Walmart Corporate - United States: Our Locations". Walmart Stores, Inc. Retrieved 2015-12-31.
  2. ↑ , Supermarket News, Last accessed March 13, 2008.
  3. ↑ , Walmartstores.com: Walmart, Last accessed August 22, 2011.
  4. ↑ "Locations". corporate.walmart.com. Click each state. Retrieved 26 February 2015.

External links

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