Walmart Neighborhood Market is a smaller grocery store format owned by Walmart, offering fresh produce, meat and dairy, bakery, deli, and pharmacy services, among other items. Walmart launched its Neighborhood Market store format in 1998.
Walmart is a multinational retail corporation that operates a chain of discount department stores, grocery stores, and more. It was founded in 1962 and is headquartered in Bentonville, Arkansas, United States. Walmart is one of the largest retailers in the world and offers a wide range of products including groceries, clothing, electronics, home goods, and more at affordable prices.
As of 2023, Walmart has over 11,000 stores worldwide, with over 5,000 in the United States alone. And there are over 550 Walmart Neighborhood Market stores in the United States.
Walmart Neighborhood Market stores typically provide the following services:
- Grocery items including fresh produce, meat, dairy, bakery, and deli products.
- Pharmacy services with prescription filling and related health services.
- Select household essentials such as health and beauty products, cleaning supplies, and pet supplies.
- Financial services including money transfers, bill payments, and tax preparation services.
- Online grocery delivery and pickup options.
- Optical services such as eye exams and eyeglass fittings.
The difference between Walmart Neighborhood Market and Regular Walmart Stores
Walmart Neighborhood Market stores are smaller in size compared to regular Walmart stores and primarily focus on grocery items, pharmacy and select household essentials, while regular Walmart stores offer a wider range of products including electronics, clothing, and home goods in addition to groceries.
In conclusion, the purpose of Walmart Neighborhood Market stores is to provide a convenient, smaller-format grocery shopping option for customers in local neighborhoods. They offer a selection of grocery items, pharmacy services, and select household essentials, aimed at making it easier for customers to get what they need quickly and efficiently. The focus on grocery items and essentials is meant to meet the needs of customers who live in urban or densely populated areas where a full-size Walmart store may not be feasible.
Work With the Right Financial Advisor
You can talk to a financial advisor who can review your finances and help you reach your goals (whether it is making more money, paying off debt, investing, buying a house, planning for retirement, saving, etc). Find one who meets your needs with SmartAsset’s free financial advisor matching service. You answer a few questions and they match you with up to three financial advisors in your area. So, if you want help developing a plan to reach your financial goals, get started now.