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 has opened new locations all across the United States to serve the needs of its customers who are looking for diverse products and services.
What Is Walmart Neighborhood Market?
Walmart Neighborhood Markets are small-format Walmart stores, on average one-fifth of the size of a Walmart Supercenter. Walmart Neighborhood Markets often are close to urban centres and stock necessities such as fuel, groceries and prescriptions.
What items are sold at Walmart Neighborhood Market Stores?
Walmart Neighborhood Market stores are primarily focused on three main product areas, namely groceries, pharmacies and fuel.
The impressive range of food products that they sell in the market is a major part of its branding.
Walmart Neighborhood Markets offers a selection of everyday necessities, including prescriptions, stamps, flowers and alcohol in some states.
Are Walmart Neighborhood Markets Selling Clothes and Electronics?
Walmart Neighborhood Markets cannot sell electronics, large consumer goods or clothing as of 2022.
Neighborhood Markets are smaller than Walmart’s, so there isn’t enough space to store larger products. Walmart also makes a greater profit on small consumable items.
Walmart Neighborhood Markets sell Fresh Produce & Drinks
Walmart Neighborhood Markets sell fresh produce, including meat, dairy, bread, deli, fruits, and vegetables.
Customers can find beer, wine, coffee ground, juices and smoothies in the store.
Is Walmart Neighborhood Market More Expensive Than Walmart?
Because Neighborhood Markets have a smaller inventory and a lower volume, it is possible for items to end up being more costly than items in a regular Walmart.
Because Neighborhood Markets are located in areas with less competition and higher operating expenses, Walmart is able to charge more.
Can You Return Walmart Items To Walmart Neighborhood Market?
Walmart Supercenters or Walmart Neighborhood Markets can accept returns. A Walmart Neighborhood Market is unlikely to stock product that was sold at larger Walmart locations.
If you order shoes from Walmart Supercenters, you won’t get a return because the store doesn’t sell clothing, electronics or appliances.
How are Walmart Neighborhood Market Hours Determined?
Walmart Neighborhood Markets’ hours are currently from 6 a.m. to 11 p.m., Monday through 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?
Yes, for American Express cardholders, Walmart Neighborhood Markets are considered grocery stores. Amex cardholders will be eligible for rewards when they shop in-store.
Walmart Neighborhood Markets Are Similar to Traditional Neighborhood Markets
Walmart Neighborhood Market Stores was established in 1998, with the aim of becoming an affordable shopping choice for small-footprint communities.
Walmart Neighborhood Markets were designed by Walmart with the vision of reminding their customers of old neighborhood markets and traditional small 1960s 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 Supercenters have a smaller size, but Walmart Neighborhood Market Stores can be found in much smaller sizes.
Walmart Neighborhood Markets have an average area of 38,000 square feet, while Walmart Supercenters’ average is 182,000 square feet.
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.
Neighborhood Markets grow every year. Every year, Walmart Neighborhood Markets get more stores. Since their inception, Walmart Neighborhood Markets have enjoyed great success with customers.
Walmart Neighborhood Markets customers enjoy a variety of quality products and medicines, as well 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 often sell more items than Walmart because they have smaller inventories and stock.
How does a Walmart Supercenter differ from a neighborhood market?
Neighborhood Markets average 42,000 square feet and are more than half the size of Whole Foods. These are not Walmart Supercenters which sell a variety of grocery items in addition to general merchandise.
What’S The Difference Between Walmart And Super Walmart?
The main difference between Walmart and Walmart Supercenter is that Walmart’s just had household products and goods minus groceries whereas, the regular Walmart Supercenter has the Grocery store and food products in it.
What Walmart makes the most money?
There are six types of Walmart stores. Walmart Supercenter has 76.4% sales and is the Walmart Store with the greatest number of customers. Walmart Pharmacy, Walmart Neighborhood Markets and Walmart Pharmacy make up the rest of Walmart’s stores.
.What Is Walmart Neighborhood Market? (Sold Items, Price + More)