Walmart Neighborhood Market
Walmart operates 10,500 retail units under 46 banners in 24 countries and is the largest U.S. company in terms of retail units. Some may not know that Walmart has a smaller, more targeted store called Walmart Neighborhood Market. With food prices going up due to inflation, they are worth checking out.
Walmart launched its Neighborhood Market line in 1998 and unlike regular Walmart stores, they are located in urban areas. It is said that they are one-fifth the size of Walmart Supercenters.
Walmart Neighborhood Markets provide an alternative for people who want better service, local ingredients, and healthier food options, and more significantly, they serve as competition for similar store concepts such as Trader Joe’s stores.
Even though they tend to be more expensive than Walmart Supercenters due to a much smaller volume of items and overall less stock, they made the list of the top 10 cheapest grocery stores. It is something to keep in mind while shopping for groceries in these times of record-high inflation.
The Bureau of Labor Statistics (BLS) Consumer Price Index (CPI) increased 9.1% for the 12 months ending June, a new four-decade high.
The increase was broad-based, and food was one of the largest contributors. The food index increased 1% last month, bringing the increase to 10.4% for the 12-month period ending in June, the largest 12-month increase since February 1981, according to the BLS data. This is also higher than the inflation rate as a whole.
FAQs About Walmart Neighborhood:
Q: What is the difference between Walmart stores and Walmart Neighborhood Markets?
A: The two types of stores are owned by different entities and have different business models. Walmart Neighborhood Market stores are smaller, often family-owned neighborhood stores that sell fresh foods and a limited selection of groceries. They operate independently and may or may not be part of a larger chain, but they tend to be locally owned. Walmart Supercenters are large, national chains that sell many grocery items and a variety of nonfood items. They are usually owned by Walmart and operated by a third party. In addition to the supercenter locations, Walmart also operates 1,300 Neighborhood Market stores.
Q: How to find a Walmart neighborhood market?
A: If you live near a Walmart Neighborhood Market, they are typically located in shopping centers with other supermarkets and grocery stores.
Q: Where can I find a Walmart neighborhood market near me?
A: There are 2,631 Walmart Neighborhood Markets nationwide, and many are located within an hour drive of your home. You can find a store location by visiting Walmart store-finder.
Q: Are Walmart neighborhood markets open 24 hours a day?
A: No, Walmart neighborhood markets are generally open from 8am until midnight, but some may open 24 hours a day. Many are open on Sundays, holidays and evenings too.
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