Mar 1, 2008
It introduced the Fresh & Easy Neighborhood Market chain in California and Phoenix. Currently it is lapping up prime real estate, primarily on corners in urban areas.
In response, according to a report in the Financial Times, Wal-Mart will test four small grocery stores in the Phoenix market. The pilot units will be called Marketside. According to the report, they will be approximately 20,000 square feet, which is about half the size of Wal-Mart's Neighborhood Market grocery stores and twice the size of rival Tesco's Fresh & Easy units.
The Wal-Mart Marketside prototypes will be located on street corners in the Phoenix area that were formerly acquired and later sold by CVS drugstores, during the breakup of the Albertson's supermarkets in 2006.
Topic: Wholesale News
Related Articles: food grocery walmart
Article ID: 552
Entire contents ©2020, Sumner Communications, Inc. (203) 748-2050. All rights reserved. No part of this service may be reproduced in any form without the express written permission of Sumner Communications, Inc. except that an individual may download and/or forward articles via e-mail to a reasonable number of recipients for personal, non-commercial purposes.