- Walmart Market
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Walmart Market 
Type Subsidiary of Wal-Mart Stores, Inc. Industry Retail Founded 1998 Number of locations 18 Products Bakery, dairy, deli, frozen foods, grocery, meat, pharmacy, produce, seafood, snacks, liquor Revenue $4.8 billion USD (2007)[1] Parent Walmart Website Walmart.com Walmart Market is a chain of grocery stores launched by Walmart in 1998.[2] These stores are designed to be the opposite of vastly larger superstores. These smaller stores are meant to "woo shoppers with easier parking, less crowded aisles and quicker checkout." Walmart Market stores offer a variety of products including a full line of groceries. Walmart Market was Neighborhood Market from 1998 to 2010.
Contents
History
Exterior of a Neighborhood Market by Walmart in Winter Springs, Florida
First Neighborhood Market Logo used from 1998-2008.
Second Neighborhood Market Logo used from 2008-2010.Introduced in 1998 as Walmart Neighborhood Market, Walmart Markets range around 40,000 square feet (3,700 m2), which is a quarter of the size of a typical Walmart Supercenter in the United States. However, in many countries, stores of this scale would be classified as superstores or "compact hypermarkets." Walmart Markets employ 80–100 employees and offer about 28,000 items.
United States
Walmart Market
As of 2008, the Walmart Market chain has expanded into many smaller Southern markets in the United States. Some of these stores are located relatively close to existing Walmart Supercenter stores; such examples include Center Point, Alabama; Mandeville, Louisiana; Homewood, Alabama; Sherwood, Arkansas; Fayetteville, Arkansas; Southaven/Horn Lake, Mississippi; Kenner, Louisiana; Plano, Texas and Norfolk, Virginia. Aggressive expansion of this division is planned in the next five years.[citation needed] They are building multiple stores in Wichita, Kansas, which should open in 2011. There are also some stores set to open in Wisconsin.
Supermercado
Walmart opened "Supermercado de Walmart" locations to appeal to Hispanic communities in the United States. These stores are similar to Walmart Markets. The first one, a 39,000 square feet (3,600 m2) store in the Spring Branch area of Houston, opened on Wednesday April 29, 2009. The store was a conversion of an existing Walmart.
Puerto Rico
Larger Walmart Market in Madison, TennesseeIn July 2004, Walmart acquired Amigo Supermarkets in Puerto Rico. They are very similar to Walmart Markets, but the name is Amigo. The employees at Amigo Supermarkets wear Walmart ID tags.
Canada
In 2005, the concept rolled into Canada. Walmart opened three stores in 2006 (one in London, Ontario, and two in the Greater Toronto area), but the number could increase in the future. In Canada, Walmart Markets are connected to regular Walmarts to form Walmart Supercentres. There are now over 30 Supercentres in Canada with plans for over 100.
Argentina
In 1997, Walmart entered Argentina with one Supercenter in Avellaneda (Greater Buenos Aires). After slow growth during the following decade, a new store format was developed inspired by the Market stores. The new stores were branded Chango Mas. Expansion followed rapidly and other smaller formats spun off this concept. As of June 2011, the store count for Chango Mas and sister stores is as follows:
- Changomas 25
- Changomas Express 7
- Mi Changomas 5
There are currently 27 Supercenters in Argentina.
References
External links
Wal-Mart Stores, Inc. Key people Assets Amigo Supermarkets · ASDA · Líder · Sam's Club · Walmart Discount Stores · Walmart Market · Walmart Supercenter · Marketside · Project Impact · Walmex · Walmart Canada · Más Club · Seiyu · BompreçoSee also Criticism of Walmart · Wal-Mart: The High Cost of Low Price · History of Walmart · List of assets owned by Walmart · List of Walmart brands · Why Wal-Mart Works; and Why That Drives Some People C-R-A-Z-YAnnual revenue:
US$405.61 billion FY 2009 ($13.4 billion) · Employees: 2.1 million · Stock symbol: NYSE: WMT · Website: walmartstores.comCategories:
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