What Is Walmart Neighborhood Market? (Sold Items, Price + More)
Walmart’s current logo since 2008
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Walmart Home Office (headquarters) in December 2012
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| Formerly |
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| Type |
Public |
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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] |
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Area served
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Worldwide |
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Key people
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| Products |
Supermarket , Hypermarket , Superstore , Convenience shop |
| Services | |
| Revenue |
US$ 559.2 billion (2020) [4] |
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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] |
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Total equity |
US$87.53 billion (2020) [4] |
| Owner |
Walton family (50.85%) [5] |
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Number of employees
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2,300,000 (Jan. 2021) [4] U.S.: 1,600,000 |
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Divisions |
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Subsidiaries |
List of subsidiaries |
| Website |
walmart.com |
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Footnotes / references [6] [7] [8] |
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Walmart continues to open new locations across the nation in order to satisfy customers’ needs for wide-ranging products and services.
What’s 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.
What Items Do Walmart Neighborhood Market Stores Sell?
The Walmart Neighborhood Market stores focus primarily on three of Walmart’s key product areas – 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 also sell stamps, prescriptions and flowers. They also have cigarettes, gift cards, milk, and alcohol.
Are Walmart Neighborhood Markets Selling Clothes and Electronics?
Walmart Neighborhood Markets no longer sells large consumer goods such as clothing and appliances.
Neighborhood Markets being smaller means that there’s not enough inventory to carry larger items. Walmart, on the other hand, makes more margins with smaller consumable goods.
Are Walmart Neighborhood Markets able to sell 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.
Additional beverages available in-store include beer, wine or ground coffee. Fresh fruit juices can be found as well.
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.
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 or Walmart Neighborhood Markets can accept returns. But it’s unlikely that Walmart Neighborhood Markets will carry the same product as a Walmart Supercenter.
A Walmart Neighborhood Market cannot accept returns if you have purchased shoes in a Walmart Supercenter. They do not sell clothes, electronic, or appliances.
What Hours Are Walmart Neighborhood Store Hours?
Walmart Neighborhood Markets currently have hours from 6 am to 11 pm Monday through Sunday. It is worth checking ahead, as different hours might be available depending on the location.
Walmart Neighborhood Market Is Considered a Grocery Store
Walmart Neighborhood Markets for American Express cardholders are grocery stores. Amex cardholders are eligible to receive reward points for shopping in-store.
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 designed by Walmart with the vision of reminding their customers of old neighborhood markets and traditional small 1960s grocery stores.
The neighborhood market brand is in essence a throwback, a nod to neighborhoods markets that existed decades ago.
How do Walmart Supercenters compare to Walmart Neighborhood Markets in the United States?
Walmart Supercenters have a smaller size, but Walmart Neighborhood Market Stores can be found in much smaller sizes.
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.
Neighborhood Markets expand every year, with more Walmart Neighborhood Markets being built each year. 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 Is the Same Price as Walmart Marketplace
Is Walmart Neighborhood Market More Expensive Than Walmart? The Neighborhood Markets sell fewer items than Walmart and have less inventory. This can lead to items being much more expensive at Walmart Neighborhood Markets.
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
How do Super Walmart and Walmart differ?
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. The Walmart store with the highest sales is Walmart Supercenter, which makes 76.4% of all Walmart’s stores. Walmart Pharmacy, Walmart Neighborhood Markets, Walmart Pharmacy and Walmart Convenience are some other locations.
.What Is Walmart Neighborhood Market? (Sold Items, Price + More)