What Is Walmart Neighborhood Market? What DO They Sell and More?  - BStrategy Insights (2024)

What Is Walmart Neighborhood Market? What DO They Sell and More? - BStrategy Insights (1)

Walmart Neighborhood Market is a smaller, more conveniently-sized version of the popular retail chain Walmart. These stores are typically about a third of the size of a traditional Walmart, making them more accessible and easier to navigate. They offer a wide variety of products, including groceries, household items, health and beauty products, and more.

History of Walmart Neighborhood Market?

The brand name that Walmart has today is a result of the efforts of Sam Walton who was a former employee of J. C. Penney. He was one of the founders of Walmart Stores, Inc., and he managed to turn his store into a phenomenal success.

Selling products at low prices to get higher volumes of sales at lower rates was the fundamental part of this startup. This was a sort of radical shift from the norm as most retail stores at that time wanted to make profits only by selling high-quality products at competitive prices.

He, however, faced several setbacks due to the high running costs. However, he was succeeded in finding supplier offering least expensive items compared to his competitors. He was finally able to trade at a price less than his opponents.

What is the Time of Operation of Walmart Neighborhood Market?

The hours of operation for a specific Walmart Neighborhood Market store can vary, so it’s best to check with the store directly or visit the Walmart website for information on the store’s hours Usually they operate from 6:00 AM to 11:00 PM in the USA.

How many Walmart Neighborhood Market Are there in the USA?

As of 2021, there are approximately 4,700 Walmart stores in the United States, including Walmart Supercenters, Walmart Neighborhood Markets, and smaller format stores such as Walmart Express and Walmart on Campus.

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It’s difficult to determine the exact number of Walmart Neighborhood Markets in the United States, as the company regularly opens and closes stores and changes the format of some locations.

What Does Walmart neighborhood Market Sell?

Walmart Neighborhood Markets offer a wide range of products, including fresh produce, meat, dairy, and baked goods. They also have a selection of frozen foods, as well as pantry staples like grains, cereals, and canned goods.

In addition to food, Walmart Neighborhood Markets also sell household items like cleaning supplies, paper products, and pet supplies. They also have a pharmacy and a small selection of health and beauty products.

Some Walmart Neighborhood Markets also offer a limited selection of clothing, electronics, and other non-grocery items. However, these stores primarily focus on providing groceries and household essentials.

What is the Difference between Walmart Neighborhood and Walmart Super Centre?

Walmart Neighborhood Market is a subsidiary of Walmart. They are primarily designed for smaller cities and towns, where groceries can be expensive. The smaller size allows them to keep prices lower than their larger competitors, who often pay more for rent.

Here are some key differences between Walmart Neighborhood Markets and Walmart Supercenters:

Size:

  • Walmart Neighborhood Markets are smaller stores, typically ranging in size from 30,000 to 60,000 square feet.
  • Walmart Supercenters are much larger, typically ranging in size from 100,000 to 260,000 square feet.

Product Selection:

  • Walmart Neighborhood Markets primarily focus on groceries and consumables, with a limited selection of general merchandise items.
  • Walmart Supercenters offer a wide range of products, including groceries, clothing, electronics, home goods, and more.
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Services:

  • Walmart Neighborhood Markets may offer services such as a pharmacy and a small selection of fresh produce and bakery items.
  • Walmart Supercenters typically offer a wider range of services, including a pharmacy, optical center, tire and lube center, and a larger selection of fresh produce and bakery items.

How does Walmart Neighborhood Market compare to Other Grocery Stores?

Compared to other grocery stores, Walmart Neighborhood Market offers several advantages. One of the main advantages is price. Walmart is known for its low prices, and the Neighborhood Market stores are no exception. These stores often have competitive prices on a wide range of products, including groceries, household items, and health and beauty products.

In addition to price, Walmart Neighborhood Markets also offer convenience. These stores are typically located in neighborhoods and are easy to access.

Another advantage of Walmart Neighborhood Markets is the availability of a pharmacy. These stores have a full-service pharmacy where customers can fill prescriptions and receive immunizations. Some stores also offer additional healthcare services, such as blood pressure screenings and flu shots.

Does Walmart Neighborhood Accept Returns of Walmart Super Centre?

Yes, you can typically return items purchased at Walmart to a Walmart Neighborhood Market store. Walmart has a liberal return policy and will typically accept returns of most items, including those purchased online, as long as they are returned within the specified time frame and meet the conditions for return.

To return an item to a Walmart Neighborhood Market store, bring the item, along with the original receipt or packing slip, to the customer service desk. In some cases, the store may offer a store credit or exchange rather than a refund.

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It is always a good idea to check the return policy for the specific item you are returning, as some items may have different return restrictions. You can find more information about Walmart’s return policy on their website or by contacting customer service.

Top of Form

What are the Benefits of Walmart’s Neighborhood Market?

There are several benefits to shopping at a Walmart Neighborhood Market:

  1. Convenience: These smaller stores are typically located in neighborhoods and are easy to access, making it convenient for customers to shop for their everyday needs.
  2. Affordable prices: Walmart is known for offering low prices on a wide range of products, and this is true for Walmart Neighborhood Markets as well.
  3. Wide selection of groceries: These stores offer a wide selection of groceries and consumables, including fresh produce, bakery items, and a variety of branded and private-label products.
  4. Pharmacy services: Many Walmart Neighborhood Markets have a pharmacy on-site, making it convenient for customers to fill prescriptions and access other healthcare services.
  5. Quick Check Outs: They also tend to have shorter lines and quicker checkout times, making it easier to get in and out quickly.

Wrap Up

Overall, Walmart Neighborhood Market is a convenient and affordable option for customers looking for a wide range of products, including groceries, household items, and health and beauty products.

These stores are typically smaller and easier to navigate than traditional Walmart stores, and they offer competitive prices on a wide range of products. In addition, some Walmart Neighborhood Markets have a pharmacy and offer healthcare services such as flu shots and blood pressure screenings.

What Is Walmart Neighborhood Market? What DO They Sell and More?  - BStrategy Insights (2024)

FAQs

What is the difference between a Walmart and a Walmart neighborhood market? ›

Of course, the Neighborhood Market is much smaller, around 50,000 square feet which is a quarter the size of typical Walmart Supercenter, and it doesn't have all of the regular Walmart departments like clothing and toys.

What is a neighbourhood market? ›

Neighbourhood Markets

These are the shops or vendors present near our homes, on a nearly permanent basis. These include medicine shops or grocery shops near our homes, as well as a vegetable selling vendor who sells his produce every day of the week.

What is Walmart's strategy? ›

Every Day Low Prices on a Broad Assortment - Anytime, Anywhere. Every Day Low Price (EDLP) is the cornerstone of our strategy, and our price focus has never been stronger. Today's customer seeks the convenience of one-stop shopping that we offer.

What is the location strategy of Walmart? ›

In this regard, Walmart's location strategy includes stores located in or near urban centers and consumer population clusters. The company aims to maximize market reach and accessibility for consumers.

What is the difference between Walmart and Marketplace? ›

Walmart Marketplace items are sold on Walmart.com alongside Walmart-Owned items, but the retailer is not Walmart. Walmart allows Marketplace sellers to use Walmart.com as a platform to sell and market their items.

What is the difference between a Walmart Supercenter and a regular Walmart? ›

Firstly , Walmart Supercenter is a larger version of the traditional Walmart store , offering a wider range of products and services . While regular Walmart stores typically have a grocery section , Supercenters have a full grocery store with fresh produce , meat , and bakery items .

What is the biggest advantage of neighbourhood market? ›

Benefits of neighbourhood markets

The biggest benefit is providing your neighbourhood with convenient access to fresh, local food or locally produced crafts.

What are the disadvantages of neighborhood market? ›

Neighborhood markets, while convenient for many, can have some disadvantages: Limited Selection: Neighborhood markets may not offer the extensive variety of products available in larger supermarkets or malls. This can be a disadvantage for consumers looking for specific items or a broader range of choices.

What is neighbourhood with an example? ›

A neighbourhood is one of the parts of a town where people live. It seemed like a good neighbourhood to raise my children. The neighbourhood of a place or person is the area or the people around them. He was born and grew up in the Flatbush neighbourhood of Brooklyn.

What is Walmart's unique selling point? ›

USP of the lowest price

Walmart is infamous for its unique selling proposition of “Everyday Low Prices” and offers the products at the same price throughout its chains. As Walmart bargains aggressively with manufacturers to ultimately give the benefits to the end-user.

What is Walmart's target market? ›

Walmart's Target Audience

The target audience of Walmart is low to middle-class rural families. These people want to shop conveniently in a single location. The price and discounts are something they look for while shopping.

What is Walmart's current promotion strategy? ›

Everyday Low Prices (EDLP): Walmart is known for its EDLP strategy, which focuses on offering consistently low prices on a wide range of products. This strategy appeals to budget-conscious shoppers and positions Walmart as a cost-effective shopping destination.

How does Walmart compare to Target location strategy? ›

Comparing the two brands, Walmart is more likely to locate in population centers away from metro areas with lower average income and population density while Target is more likely to open in and around metro centers with a higher surrounding area population and higher economic activity (surrounding restaurants, gyms, ...

What is the strategic mission of Walmart? ›

Our Company — An Overview

Our company's mission is to save people money so they can live better. By running an every day low cost company, we deliver every day low prices on great merchandise — and help customers around the world provide for their families. We are working to build the Next Generation Walmart.

What is the Walmart culture strategy? ›

The Walmart Culture is built on a foundation of four values — Service to the Customer; Respect for the Individual; Strive for Excellence; and Act with Integrity . Doug McMillon, President & CEO, explains how these values work best when attached to our culture .

What are the three types of Walmart? ›

Walmart Supercenters: 3,559. Walmart Discount Stores: 357. Neighborhood Markets: 673.

What is the difference between Walmart and Walmart? ›

On June 30, 2008, Wal-Mart removed the hyphen from its logo and replaced the star with a Spark symbol. The store branding became "Walmart", with the corporate name remaining with the hyphen as "Wal-Mart".

Do all Walmarts have the same prices? ›

Prices may vary from store to store because each store is required to manage its own inventory. Therefore, a manager may lower a price to clear out an overstock item, to reward customers with an in-store sale, or to compete with local merchants.

What is the largest Walmart in the world? ›

Largest U.S. Walmart Supercenter Is Located In Albany NY

Walmart's 3,500+ Supercenters across the nation typically average 179,000 square feet. The Crossgates Commons Walmart Supercenter is nearly 260,000 square feet.

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