What is Walmart Neighborhood Market? Is it Better Than a Walmart Supercenter? June 2, 2023
Walmart is one of the world’s most well-known brands. Being the most profitable company in the world with more than 570 billion dollars in revenue every year. It operates through a chain of hypermarkets, department stores, and grocery stores.
With more than 10,500 stores in 24 countries. As a retail store, Walmart aims to provide everything a person needs by offering a wide range of groceries, fresh products, bakery, deli, dairy products, electronics, apparel, hardware, toys, & home furnishing.
Walmart Supercenters are the most well-known outlet of the company. These large stores are known for having a wide range of products that are needed in day-to-day life.
A different line of stores was launched in 1998, known as Walmart Neighborhood Markets. These outlets were 1/5th the size of a Walmart superstore and worked as an alternative to the large Walmart stores.
What Is a Walmart Neighborhood Market?
Chances are that you have already shopped at a Walmart neighborhood store, but don’t know about it as neighborhood markets are similar to Walmart Supercenters.
The most notable difference between a Walmart Neighborhood and Walmart Superstore is their size and the products they sell. Many customers go to a Walmart Neighborhood Market instead of a Walmart Superstore, which leads to disappointment.
Despite Walmart being a household brand, many customers are unfamiliar with Neighborhood Walmarts. However, these stores can be an excellent alternative to the massive Supercenters by Walmart in case you need household items and help when needed.
Since there is no reason to stay away from a Walmart Neighborhood Market, below, you can read about them and see how they work.
Fast Fact: Walmart has introduced affordable wire money transfer services called Walmart-2-Walmart Money Transfer that lets customer send money anywhere. How Does a Walmart Neighborhood Market Work?
A Walmart Neighborhood Market is a smaller and more targeted store. Launched in 1998, as of 2022, there are around 683 Neighborhood Walmarts worldwide. Introduced as a simple alternative to the big Walmart Supercenters, these neighborhood markets are usually situated in city centers & towns instead.
Within easy reach, Walmart Neighborhood focuses on a limited line of products. If you only need groceries and other basic items, then you should go to a Walmart Neighborhood Market.
While Walmart Supercenters are known for selling everything under the sun, the Neighborhood Markets introduced by Walmart cover only the grocery section.
Walmart Neighborhood Markets caters to people needing groceries, medications, and essential household products. Also, the best part is that neighborhood markets accept the
Walmart Money Card and you can get many time-sensitive deals and rewards using it. If you do not have a card yet, go to Walmartmoneycard.com app and they will issue a new card for you.
So far, Walmart has worked pretty well to establish its Neighborhood Markets in areas where they’re needed, but their reception hasn’t been what Walmart hoped for.
You need to know that Walmart Neighborhood was designed to close the gap between a Walmart Supercenter and a grocery store.
Below, you can see the difference between a Walmart Neighborhood Market and a Walmart Supercenter, after which you’ll see what these neighborhoods stand for and what they provide.
Difference Between Walmart Neighborhood Market & Walmart Supercenter
Despite being retail stores, you will find a lot of differences between a Walmart Supercenter and a Walmart Neighborhood Market. Knowing these differences, you can choose which one to go to based on your needs.
Here are the differences between a Walmart Neighborhood Market & Supercenter:
The size of a store plays a big part in the retail industry, as big stores can sell more products.
What greatly helped Walmart emerge as a trusted brand is that Walmart Supercenters were big, and customers could get everything they needed from one place.
A Walmart Superstore is a large outlet that can span from 69,000 to 260,000 sq ft; on the other hand, a Walmart Neighborhood Market usually ranges from 24,000 to 65,000 square feet.
It should be noted that even the biggest Walmart Neighborhood Market will be smaller than the smallest Walmart Supercenter.
Since neighborhood Walmarts are smaller than a Supercenter, their products are targeted at people who need groceries or other household items.
Having a targeted approach and selling a limited number of products can be taken as a reason for Neighborhood Walmart not being as successful as a Walmart Supercenter.
Walmart is known for selling a wide range of products. The reason why almost every family in America visits Walmart every week is that it sells everything they need.
Walmart Neighborhood Market falls in the category of a grocery store. Made for people who only need groceries instead of other stuff, Neighborhood Walmart can be a great alternative for people who don’t want to go to a Supercenter.
When you need only groceries or something basic, you can save yourself all the hassle and extra work by visiting a Neighborhood Walmart rather than a Supercenter.
By far, the location of a Neighborhood Market is the best part of it. Being smaller than a Superstore, a Neighborhood Walmart can fit into a densely populated area. Supercenters, however, require a much larger area to exist.
This saves the customers from driving to a Supercenter which is usually very far away from their homes, to a Walmart Neighborhood Market, which is within walking distance.
Selling only groceries and household items, Market Neighborhoods cater to the general public and provide an alternative to them.
Another great thing about Neighborhood Markets is that they are always less crowded than a Supercenter.
The biggest downfall of Neighborhood Walmarts is that they have less stock than a Supercenter, but you should go there if you want if good service is what you’re interested in.
Instead of thinking, “why is this Walmart so small compared to the other one”, you can now plan your visits to Walmart outlets according to what you need, as you know the difference between a Walmart Neighborhood Market and a Walmart Supercenter.
Are Walmart Neighborhood Markets Cheaper Than Walmart Supercenters?
Though the Wikipedia article says that Neighborhood Walmarts have the same price as Walmart Supercenters, as per a few authorized resources, these retail stores are known to be slightly more expensive than Walmart Supercenters.
But, it should be noted that even every Supercenter doesn’t have the same price for a product.
Walmart is known for offering discounts to its customers based on the competition. If there is another retail store nearby, you’ll find reduced prices for many products.
The price of a product at Walmart also depends on the area of the store. You’ll find high prices in urban/densely populated areas and low prices in rural/less populated areas.
Before shopping at a Neighborhood Walmart or Supercenter, take a look at their competition, and you’ll save some money.
Is Walmart Closing its Neighborhood Stores?
Yes, for an enterprise like Walmart it is normal to open and close multiple locations. Even after opening its 500th Neighborhood Market in 2015, the company was having a tough time making a profit in some areas.
While Walmart has also closed its Supercenters, the number of Walmart Neighborhood Markets that have shut down has always been higher.
The reason why Walmart has closed Neighborhood Markets in multiple locations is that they have failed to perform well.
Is There Any Benefit Of Going to a Walmart Neighborhood Market?
Yes, Walmart Neighborhood Markets are surely helpful, they were designed to target potential customers who don’t like the size of a Supercenter.
You can find a Market Neighborhood in a nearby location and go there if you don’t want to drive to a Supercenter.
If what you need is only groceries and nothing else then you should go straight to a Market Neighborhood.
Another benefit of Walmart Neighborhood Market is that it will help you save money. With a wide range of products available at Supercenters, customers end up buying a lot of stuff which reduces their savings.
A Neighborhood Walmart on the other hand, sells only groceries, making it more pocket friendly than Superstores which are designed to make sure you spend all of your money.
What Can I Buy At a Neighborhood Walmart?
Since Neighborhood Walmart offers a smaller variety of products you won’t find any stuff other than groceries, medications, stationary, and alcohol (if permitted).
The types of products that you can find at Walmart Neighborhood Markets is given below.
Fresh Produce Products Meats & Fish Eggs & Dairy Stationery Items Prescription Medications Dry Foods Packaged Foods Canned Foods Fast Foods (in some stores) Alcohol (In Selected States)
If what you need is given above, then visit your nearest Neighborhood Market. Providing what you need on a day-to-day basis, these Walmart Neighborhood Markets can be greatly beneficial to you as they will save you time and energy.
How To Find Walmart Neighborhood Markets Near Me?
With more than 682 stores all over America, chances are that you’re already living near a Walmart Neighborhood Market.
If you don’t know where the nearest one is then find the nearest Neighborhood Market from a search. Typing “Neighborhood Market near me” on your browser will show you the addresses of the nearest Walmarts in your area. By clicking on the “Map” icon, you can get directions to the nearest Walmart Neighborhood Market.
If you like the concept of Walmart Neighborhood Markets then you can always leave a positive review whenever you visit one.
FAQs Ans: Yes, if you have a receipt, you can return it to any Walmart location in the US. Just make sure that the item you’re returning is sold at that branch. Ans: Yes, you can find alcohol in any American Walmart Neighborhood Market, except in Alaska. Ans: Yes, there are. You can buy any prescription meditation you want at a Neighborhood Walmart. Ans: No, Walmart Neighborhood Markets doesn’t sell any firearms. Seeing the increase in shootings in America, Walmart is moving towards not selling any firearms in its stores.