Hypermart USA

Hypermart USA

Infobox_Defunct_Company
company_name = Hypermart USA
company_
company_type = Department store
foundation = 1987
location = Garland, Texas
industry = Retail
defunct = 1990
fate = Project discontinued Buildings closed, sold, or converted to Wal-Mart
products = Food, clothing, footwear, bedding, furniture, jewelry, beauty products, electronics and housewares.
homepage = None

Hypermart USA was a demonstrator project operated by Wal-Mart in the 1980s, which attempted to combine groceries and general merchandise under one roof at a substantial discount. The hypermart concept was modeled after French retailer Carrefour which had been operating big box stores in France and Brazil. The Texas stores were operated in partnerships with Cullum Companies, former owner of Tom Thumb supermarkets.

All stores used a floorplan that exceeded 220,000 sq. ft. (20,000 ). They featured a mini-mall, food court, arcade, bank, and other kiosk operations.

History

Downfall

The prototype did not go as well as planned. Wal-Mart was unaccustomed to operating such massive stores, and an economic recession had brought on a decline in retail sales. Although the stores were profitable, sales projections were too optimistic and the company did not anticipate the massive heating and cooling costs, the resistance of customers towards parking and congestion issues, and the formidable shopping experience in stores "too big to find anything."

The first Wal-Mart Supercenter, which used a floorplan in the convert|125000|sqft|m2|abbr=on range, was opened in 1988 in Washington, Missouri. As the Supercenter proved to be a much more profitable experiment, Wal-Mart renamed the stores "Wal-Mart's Hypermart USA" in April 1990, and eventually began either converting them to Supercenter operations or closing them.

Discontinuation

The Hypermart USA concept officially discontinued in 1990, when Wal-Mart announced it was converting Kansas City's Hypermart USA in Benjamin Plaza near Bannister Mall into a Wal-Mart Supercenter. At the time, Wal-Mart said it would cost almost $5 million to renovate the convert|270000|sqft|m2|abbr=on. store. This store closed mid-January 2007 with the opening of a new Wal-Mart Supercenter on the site of the former Blue Ridge Mall now Blue Ridge Crossing as the first Wal-Mart "high-efficiency" store which opened January 19, 2007. An inefficient floorplan and the facility's large size were cited as some of the reasons for the relocation.The original Hypermart in Garland Texas closed in May 2008, and was replaced by Walmarts first "Hispanic Community" store a few blocks away.cite news | title = South KC Wal-Mart Supercenter will close | url = http://www.bizjournals.com/kansascity/stories/2006/08/28/daily4.html | work = Kansas City Business Journal | date = August 28, 2006
accessdate = 2006-11-25
]

Locations

* Garland, Texas (December 28, 1987)
* Poplar Bluff, Missouri (January 1987)
* Topeka, Kansas (January 1988)
* Arlington, Texas (August 1988)
* Kansas City, Missouri (February 1990)

References

* [http://findarticles.com/p/articles/mi_m3092/is_n2_v27/ai_6286955 Wal-Mart launches Hypermart USA]
* [http://findarticles.com/p/articles/mi_m3092/is_n4_v27/ai_6352731 Wal-Mart gambles that Hypermart will pay off in small town, USA]
* [http://findarticles.com/p/articles/mi_m3092/is_n7_v27/ai_6524175 Wal-Mart tests similar hypermarkets - Hypermart USA, Wal-Mart SuperCenter]
* [http://findarticles.com/p/articles/mi_m3092/is_n24_v27/ai_6917732 Wal-Mart hatches a 'Super' winner - Wal-Mart SuperCenters]
* [http://www.findarticles.com/p/articles/mi_m3092/is_n7_v29/ai_8967611 Hypermart USA units get SuperCenter-type facelift]
* [http://www.dallasnews.com/sharedcontent/dws/bus/stories/DN-garlandwalmart_06bus.State.Edition1.39c6cfa.html Walmart Replaces former Garland Hypermart location with the companies first Hispanic Community Store]

Notes


Wikimedia Foundation. 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Wal-Mart — Infobox Company company name = Wal Mart Stores, Inc. company company type = Public (nyse|WMT) company slogan = Save Money, Live Better.(U.S.) We sell for less! (Canada) foundation = 1962 founder = Sam Walton location = Bentonville, Arkansas area… …   Wikipedia

  • Walmart — For other uses, see Walmart (disambiguation). Wal Mart Stores, Inc. Walmart logo, used from June 30, 2008 present …   Wikipedia

  • Hypermarket — In commerce, a hypermarket is a superstore which combines a supermarket and a department store. The result is a very large retail facility which carries an enormous range of products under one roof, including full lines of groceries and general… …   Wikipedia

  • Wal-Mart — Logo de Wal Mart Stores Inc. Création 1962 à Rogers …   Wikipédia en Français

  • Wal-Mart Stores — Wal Mart Logo de Wal Mart Stores Inc. Création 1962 à Rogers …   Wikipédia en Français

  • Wal-mart — Logo de Wal Mart Stores Inc. Création 1962 à Rogers …   Wikipédia en Français

  • Wal Mart — Logo de Wal Mart Stores Inc. Création 1962 à Rogers …   Wikipédia en Français

  • Wal mart — Logo de Wal Mart Stores Inc. Création 1962 à Rogers …   Wikipédia en Français

  • Wall-Mart — Wal Mart Logo de Wal Mart Stores Inc. Création 1962 à Rogers …   Wikipédia en Français

  • Wallmart — Wal Mart Logo de Wal Mart Stores Inc. Création 1962 à Rogers …   Wikipédia en Français

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”