Tuesday, February 19, 2013

Walmart Neighborhood Market opening Wednesday

Charlotte's first Walmart Neighborhood Market, a smaller store from the world's largest retailer, is holding its grand opening Wednesday on Independence Boulevard.

The store is set to open at 7:30 a.m., with a ribbon-cutting ceremony. There will also be product samplings and giveaways at the store throughout the day.

Store manager David Thomas inside the new
Walmart Neighborhood Market
The store is 51,000 square feet, on the large end for a grocery store but only about a quarter the size of a Walmart SuperCenter. Grocery and other consumable goods account for more than half of Walmart's revenue, so the Neighborhood Markets take the quickest-turning parts of the store and move them into one location that's more manageable for customers to shop.

Although Neighborhood Markets account for just a small fraction of the more than 3,000 Walmart stores nationwide, there are now 230 of them. For perspective, that's more than the total number of Harris Teeter stores.

The store on Independence Blvd. is the second Walmart Neighborhood Market in the state. The first was opened last year in Cary, and Walmart plans to open more in the future across North Carolina. Walmart has hired about 90 people to work at the new Charlotte store. The store will be open daily from 7 a.m. to 11 p.m.

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