What Is Walmart Neighborhood Market? (Sold Items, Price + More)
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Formerly |
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Type |
Public |
ISIN |
US9311421039 |
Industry |
Retail |
Founded |
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Founder |
Sam Walton |
Headquarters |
,
U.S.
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Number of locations
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10,593 stores worldwide (January 31, 2022) [2] [3] |
Area served
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Worldwide |
Key people
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Products |
Supermarket , Hypermarket , Superstore , Convenience shop |
Services | |
Revenue |
US$ 559.2 billion (2020) [4] |
US$22.55 billion (2020) [4] |
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US$13.70 billion (2020) [4] |
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Total assets |
US$252.5 billion (2020) [4] |
Total equity |
US$87.53 billion (2020) [4] |
Owner |
Walton family (50.85%) [5] |
Number of employees
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2,300,000 (Jan. 2021) [4] U.S.: 1,600,000 |
Divisions |
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Subsidiaries |
List of subsidiaries |
Website |
walmart.com |
Footnotes / references [6] [7] [8] |
Walmart is continually opening new stores across the country to meet the demands of customers for a wide range of products and services.
What Is Walmart Neighborhood Market?
Walmart Neighborhood Markets, which are smaller-format Walmart stores that average about one-fifth the size of Walmart Supercenters. Walmart Neighborhood Markets can stock groceries, fuel and prescriptions and are located in accessible areas.
How do Walmart Neighborhood Mart Stores sell these products?
Walmart Neighborhood Market stores are primarily focused on three main product areas, namely groceries, pharmacies and fuel.
One of the most distinctive aspects of the branding of the local market is their impressive array of fresh foods products.
Walmart Neighborhood Markets offers a selection of everyday necessities, including prescriptions, stamps, flowers and alcohol in some states.
What do Walmart Neighborhood Markets have to offer in Clothes, Electronics and Appliances for?
Walmart Neighborhood Markets cannot sell electronics, large consumer goods or clothing as of 2022.
Neighborhood Markets have smaller stores so they don’t have enough stock. Walmart has greater margins for smaller consumables.
Walmart Neighborhood Markets Selling Fresh Produce & Drinks
Walmart Neighborhood Markets provide fresh produce to customers, such as meats and dairy products and bakery and deli goods, fruit and vegetables, and other items.
In-store, you can also purchase beverages like wine, beer and ground coffee as well as fresh juices, fruit juices, smoothies and many other items.
Is Walmart Neighborhood Market More Expensive Than Walmart?
Neighborhood Markets sell fewer items, and therefore can be less expensive than regular Walmart stores.
This is primarily because Neighborhood Market stores are in locations where there is less competition and higher operating costs, so Walmart can charge more.
Can You Return Walmart Items To Walmart Neighborhood Market?
Walmart Supercenters and Walmart Neighborhood Markets accept returns. It is not likely that the Walmart Neighborhood Market stock products sold in larger Walmart stores.
As an example, if you purchase a pair of shoes from a Walmart Supercenter, a Walmart Neighborhood Market will not be able to give you a return as they do not stock clothes, electronics, appliances, gardening items, and more.
What Are Walmart Neighborhood Market Hours?
Currently, the opening hours of Walmart Neighborhood Markets are from 6 am – 11 pm, Monday – Sunday. However, depending on your local store, hours may differ, so it is best to check beforehand.
Walmart Neighborhood Market – Is it a Grocery store?
Walmart Neighborhood Markets may be used as grocery stores by American Express cardholders. Amex cardholders will be eligible for rewards when they shop in-store.
Walmart Neighborhood Markets – Are They Similar To Traditional Neighborhood Markets, Or Not?
Walmart Neighborhood Market Stores were created in 1998 with the goal of them becoming a ‘smaller-footprint’ shopping option for local communities.
Walmart created Walmart Neighborhood Markets with the goal of giving back to their customers old neighbourhood markets and small, 1960s-era grocery stores.
This is the brand of neighborhood market. It’s a throwback from decades ago.
What is the Difference Between Walmart Supercenters & Walmart Neighborhood Markets:
Walmart Neighborhood Market Stores are much smaller in size than Walmart Supercenters.
The average size of Walmart Neighborhood Markets is approximately 38,000 square feet, compared to the 182,000 square feet average size of Walmart Supercenters.
Neighborhood Markets on average employ a total of around 95 members of staff, and Supercenters on average employ a much greater size workforce of around 300 people.
My guide on Walmart statistics & Walmart’s competitive strengths will help you learn how Walmart is increasing its business.
Neighborhood Markets expand every year, with more Walmart Neighborhood Markets being built each year. The first Walmart Neighborhood Markets opened in 1998. Since then, they have been very popular with their customers.
Walmart Neighborhood Markets offers a wide selection of high-quality produce and pharmaceutical products as well as fuel.
Walmart’s success in maintaining its status as a leader in competitive retail has been made possible by the involvement of neighborhood markets.
Walmart Marketplace Has the Same Prices as Walmart
Is Walmart Neighborhood Market More Expensive Than Walmart? Neighborhood Markets are often more expensive than Walmart. Because they sell less items, and generally have lower stock levels, the items in Walmart Neighborhood Markets may be more costly.
What are the differences between Walmart Supercenters and Neighborhood Markets?
At an average of 42,000 square feet, Neighborhood Markets are about the size of a typical Whole Foods, and are dedicated grocery stores, unlike Walmart’s Supercenters, which carry a wide variety of general merchandise in addition to a full line of groceries.Aug 29, 2016
How do Super Walmart and Walmart differ?
Walmart Supercenter provides groceries and household items, while Walmart Supercenter offers grocery and Grocery stores.
Which Walmart is the Most Profitable?
Walmart owns six kinds of stores. Walmart Supercenter makes up 76.4%. It is also the Walmart store with highest overall sales. Walmart Supercenter, Walmart Neighborhood Market and Walmart Pharmacy are all other stores.
.What Is Walmart Neighborhood Market? (Sold Items, Price + More)