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 keeps opening stores all over the country in response to customers’ demands for an extensive range of services and products.

  • Walmart Neighborhood Market has been a popular brand in recent years. But what exactly is this? It sells what? What are the benefits? Let me tell you what I found.
  • What Is Walmart Neighborhood Market? (Sold Items, Price + More)

    What’s Walmart Neighborhood Market?

    Walmart Neighborhood Markets can be described as small-format Walmart shops that are approximately one fifth the size of Walmart Supercenters. Walmart Neighborhood Markets stock essential products like groceries, gasoline, prescriptions, and other necessities.

  • Keep reading for more information about Walmart Neighborhood Markets, such as their prices and what they sell.
  • Which Items Are Sold by Walmart Neighborhood Markets?

    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 can also be found selling a wide range of daily essentials like stamps. Prescriptions. Flowers. Alcohol (in certain states only). Cigarettes. Gift cards. Milk.

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

    Walmart Neighborhood Markets: Do they 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.

    Do Walmart Neighborhood Markets 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.

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

    Is Walmart Neighborhood Market More Expensive Than Walmart?

    Neighborhood Markets often sell more items than traditional Walmarts due to the smaller number of products and stock.

    Neighborhood Market stores have lower operating costs and competition, meaning Walmart can charge higher prices.

    Can You Return Walmart Items To Walmart Neighborhood Market?

    Walmart Supercenters are not allowed to return items purchased at Walmart Neighborhood Markets. The product will not be sold by a Walmart Neighborhood Market.

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

    What hours are Walmart Neighborhood Markets open?

    Walmart Neighborhood Marts is open from Monday through Saturday, 6am – 11pm. But, it’s best to double-check with your local Walmart Neighborhood Market before you go.

    Is Walmart Neighborhood Market Considered A Grocery Store?

    Walmart Neighborhood Markets for American Express cardholders are grocery stores. Amex cardholders can earn rewards for shopping 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 founded in 1998 as a way to offer a local shopping alternative with fewer footprints.

    Walmart Neighborhood Markets were developed by Walmart in an effort to remind their customers of traditional 1960s small-sized grocery stores and old neighborhood markets.

    The name of the local market is basically a throwback for neighborhood markets from many decades back.

    How do Walmart Supercenters compare to Walmart Neighborhood Markets in the United States?

    Walmart Neighborhood Market Stores are much smaller in size than Walmart Supercenters.

    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.

    To learn more about how Walmart is growing its business, don’t forget to see my guide on Walmart statistics and Walmart’s competitive advantages.

  • Conclusion
  • Neighborhood Markets continue to expand, more and more Walmart Neighborhood Market stores are built every year. Since their inception, Walmart Neighborhood Markets have enjoyed great success with customers.

    Walmart Neighborhood Markets offer a diverse selection of quality food, pharmacy products, and fuel.

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

    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.

    How does a Walmart Supercenter differ from 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?

    Walmart Supercenter and Walmart are different in that Walmart has only household goods and products, while Walmart Supercenter includes the Grocery Store and food products.

    What Walmart makes the most money?

    Walmart has six different types of stores. Walmart Supercenter has 76.4% sales and is the Walmart Store with the greatest number of customers. Walmart Pharmacy is another store.

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

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