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What Is Walmart Neighborhood Market?

What Is Walmart Neighborhood Market? (Sold Items, Price + More)

Walmart Inc.
Formerly
  • Wal-Mart Discount City (1962–1969)
  • Wal-Mart, Inc. (1969–1970)
  • Wal–Mart Stores, Inc. (1970–2018)
Type
Public

ISIN


US9311421039

Industry
Retail
Founded
Founder
Sam Walton
Headquarters

,

U.S.
Number of locations
Increase
10,593 stores worldwide (January 31, 2022)


[2]




[3]

Area served
Worldwide
Key people
Products
Supermarket

,

Hypermarket

,

Superstore

,

Convenience shop
Services
Revenue Increase


US$

559.2 billion

(2020)


[4]

Increase

US$22.55 billion

(2020)


[4]

Increase

US$13.70 billion

(2020)


[4]



Total assets

Increase

US$252.5 billion

(2020)


[4]



Total equity

Increase

US$87.53 billion

(2020)


[4]

Owner
Walton family

(50.85%)


[5]

Number of employees
2,300,000 (Jan. 2021)


[4]



U.S.: 1,600,000

Divisions

Subsidiaries

List of subsidiaries
Website

walmart.com


Footnotes / references




[6]




[7]




[8]

Walmart has opened new locations all across the United States to serve the needs of its customers who are looking for diverse products and services.

  • Walmart Neighborhood Market has been a popular brand in recent years. But what exactly is this? How does it work? and are they any good? This is what I found!
  • What Is Walmart Neighborhood Market? (Sold Items, Price + More)

    What is Walmart Neighborhood Market?

    Walmart Neighborhood Markets are small-format Walmart stores, on average one-fifth of the size of a Walmart Supercenter. Additionally, Walmart Neighborhood Markets are often located close to accessible urban centers and stock consumable products such as groceries, fuel, and prescriptions.

  • You can read on to find out more about Walmart Neighborhood Markets and whether they’re more costly.
  • Which Items Are Sold by Walmart Neighborhood Markets?

    The Walmart Neighborhood Market stores focus primarily on three of Walmart’s key product areas – groceries, pharmacies, and fuel.

    It is the incredible selection of fresh products available in each of their shops that make the neighbourhood market stand out.

    Walmart Neighborhood Markets also sell stamps, prescriptions and flowers. They also have cigarettes, gift cards, milk, and alcohol.

    What Is Walmart Neighborhood Market? (Sold Items, Price + More)

    Do Walmart Neighborhood Markets Sell Clothes, Electronics, and Appliances?

    Unfortunately, Walmart Neighborhood Markets do not sell items such as electronics, appliances, clothing, and large consumer goods as of 2022.

    Since Neighborhood Market stores are much smaller, there is not enough room to stock these larger items and Walmart makes greater margins on smaller consumable goods.

    Walmart Neighborhood Markets Selling Fresh Produce & Drinks

    Walmart Neighborhood Markets sell fresh produce, including meat, dairy, bread, deli, fruits, and vegetables.

    Additionally, customers can also find beverages such as wine, beer, ground coffee, fresh fruit juices, smoothies, and more in-store.

    What Is Walmart Neighborhood Market? (Sold Items, Price + More)

    Is Walmart Neighborhood Market More Expensive Than Walmart?

    Yes, due to Neighborhood Market stores having a much smaller volume of items and overall less stock, items sold in Walmart Neighborhood Markets can often work out to be more expensive compared to a traditional Walmart.

    Neighborhood Market stores can be found in less competitive areas and have higher operating costs. This allows Walmart to charge more.

    Can You Return Walmart Items To Walmart Neighborhood Market?

    Walmart Supercenters or Walmart Neighborhood Markets can accept returns. It is not likely that the Walmart Neighborhood Market stock products sold in larger Walmart stores.

    If you order shoes from Walmart Supercenters, you won’t get a return because the store doesn’t sell clothing, electronics or appliances.

    What Is Walmart Neighborhood Market? (Sold Items, Price + More)

    What are Walmart’s Neighborhood Market Hours Like?

    Walmart Neighborhood Markets’ hours are currently from 6 a.m. to 11 p.m., Monday through Sunday. You should check ahead as hours can vary depending on where you live.

    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.

    What Is Walmart Neighborhood Market? (Sold Items, Price + More)

    Walmart Neighborhood Markets are Similar to Traditional Neighborhood Markets.

    Walmart Neighborhood Market Stores were created in 1998 with the goal of them becoming a ‘smaller-footprint’ shopping option for local communities.

    Walmart Neighborhood Markets were created by Walmart to bring back memories of neighborhood markets, small grocery stores from the 1960s and other local businesses.

    The brand of neighborhood markets is essentially a ‘throwback’ to neighborhood markets in decades gone by.

    What Are The Main Differences Between Walmart Neighborhood Markets and Walmart Supercenters?

    Walmart Supercenters may be larger in size than Walmart Neighborhood Market Stores.

    Walmart Neighborhood Markets measure approximately 38,000 sf, as compared with the Walmart Supercenters which average at 182,000 sf.

    Neighborhood Markets usually employ 95 workers, while Supercenters are home to around 300 staff.

    For more information on how Walmart grows its business, check out my guide to Walmart statistics and Walmart’s competitive advantages.

  • Conclusion
  • Neighborhood Markets continue to expand, more and more Walmart Neighborhood Market stores are built every year. The first Walmart Neighborhood Markets opened in 1998. Since then, they have been very popular with their customers.

    Walmart Neighborhood Markets allows customers to choose from quality produce, fuel and other products.

    Walmart is able to retain its leading position in competitive retail by leveraging the neighborhood market.

    Walmart Marketplace Is the Same Price as Walmart Marketplace

    Is Walmart Neighborhood Market More Expensive Than Walmart? Neighborhood Markets often sell more items than Walmart because they have smaller inventories and stock.

    What is the difference between a Walmart Supercenter and a Neighborhood Market?

    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

    What’S The Difference Between Walmart And Super Walmart?

    Walmart Supercenter and Walmart Walmart have different products. Walmart Supercenter carries only household products and items with no groceries, while regular Walmart Supercenter has Grocery store products.

    Which Walmart is the Most Profitable?

    There are six types of Walmart stores. Walmart Supercenter accounts for 76.4%, or the Walmart Supercenter. Walmart Pharmacy is another store.

    .What Is Walmart Neighborhood Market? (Sold Items, Price + More)

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