Walmart Neighborhood Market

Type	Grocery
Founded	1998
Headquarters	Bentonville, Arkansas
Industry	Retail
Products	Bakery, dairy, deli, frozen foods, general grocery, meat, pharmacy, produce, seafood, snacks, liquor
Revenue	$4.8 billion USD (2007)[1]
Website	None

Walmart Neighborhood Market, formerly known as Wal-Mart Neighborhood Market, is a 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.

[edit] History

Exterior of a Wal-Mart Neighborhood Market in Winter Springs, Florida

The Original Neighborhood Market Logo used from 1998-2008.

Introduced in 1998, Neighborhood Markets range around 40,000 square feet (3,700 m²), 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.

[edit] United States

The Neighborhood Market chain has expanded into many smaller Southern markets in the United States as of 2008. Some of these stores are located relatively close to existing Walmart Supercenter stores; such examples include Centerpoint, Alabama; Mandeville, Louisiana; Homewood, Alabama; Sherwood, Arkansas; Fayetteville, Arkansas; Southaven/Horn Lake, Mississippi; Kenner, Louisiana; Lexington, Kentucky and Norfolk, Virginia. Aggressive expansion of this division is planned in the next five years.^{[citation needed]}

[edit] Puerto Rico

Larger Wal-Mart Neighborhood Market in Madison, Tennessee

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

[edit] Canada

In 2005, the concept rolled into Canada. Wal-Mart opened three stores in 2006 (one in London, Ontario, and two in the Greater Toronto area), but the number could increase by the end of the year. In Canada, Neighborhood Markets are connected to regular Walmarts to form Wal-Mart Supercentres. There are now over 30 Supercentres in Canada with plans for over 100.

[edit] References

This article needs additional citations for verification. Please help improve this article by adding reliable references. Unsourced material may be challenged and removed. (May 2007)

[edit] External links

• Wal-Mart official website