[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.the-future-of-commerce.com\/2013\/03\/13\/walmart-bullish-on-small-stores\/#BlogPosting","mainEntityOfPage":"https:\/\/www.the-future-of-commerce.com\/2013\/03\/13\/walmart-bullish-on-small-stores\/","headline":"Walmart bullish on small stores","name":"Walmart bullish on small stores","description":"Walmart is building smaller stores to take market share from smaller competitors in the pursuit of retail shoppers.","datePublished":"2013-03-13","dateModified":"2024-02-27","author":{"@type":"Person","@id":"https:\/\/www.the-future-of-commerce.com\/contributor\/jenn-vande-zande\/#Person","name":"Jenn Vande Zande","url":"https:\/\/www.the-future-of-commerce.com\/contributor\/jenn-vande-zande\/","identifier":229,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/ef76ed873963201b65acc65a3cb353caa294225a4e9a8427f011077842dd955c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/ef76ed873963201b65acc65a3cb353caa294225a4e9a8427f011077842dd955c?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"The Future of Commerce","logo":{"@type":"ImageObject","@id":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2023\/01\/logo-foc-schema-app-1.png","url":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2023\/01\/logo-foc-schema-app-1.png","width":172,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2022\/07\/Grow-online-store-ADM_FTR.jpg","url":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2022\/07\/Grow-online-store-ADM_FTR.jpg","height":375,"width":1200},"url":"https:\/\/www.the-future-of-commerce.com\/2013\/03\/13\/walmart-bullish-on-small-stores\/","about":[{"@type":"Thing","@id":"https:\/\/www.the-future-of-commerce.com\/commerce\/","name":"Commerce","sameAs":["https:\/\/en.wikipedia.org\/wiki\/Commerce","http:\/\/www.wikidata.org\/entity\/Q26643"]},"Retail Trends, Data, News",{"@type":"Thing","@id":"https:\/\/www.the-future-of-commerce.com\/commerce\/trends-commerce\/","name":"Trends","sameAs":["https:\/\/en.wikipedia.org\/wiki\/Fad","http:\/\/www.wikidata.org\/entity\/Q787045"]}],"wordCount":263,"keywords":["Grocery Retail","Retail","Shopping","WalMart"],"articleBody":"The retailer known best for its super-size stores is downsizing: Walmart plans to add 155 new locations that are smaller than 60,000-square-feet.As consumers have learned that big-box stores can mean savings, they have also come to understand that it can mean long lines, membership fees, and more elements that diminish the savings.      The new retail reality: Moving beyond sales                The new retail reality requires that brands take calculated risks to differentiate and get ahead, as retail moves beyond sales and into CX.      Sizing down stores to size up profits The reasoning behind the incredible shrinking big-box store? Competition, says Bill Simon, head of Walmart’s U.S. division.“They compete really well against multiple channels,” he said, during an industry conference call, Forbes reports. The specific competitors he called out included Walgreens and Dollar General, as well as more traditional supermarkets.Creating a flexibility for markets they can enter by planning smaller stores opens a world of possibility for WalMart and their shoppers.As consumers are embracing shopping via the web, size is relative. As Simon observes, existing Neighborhood Markets are all enabled with e-commerce and Site-To-Store capabilities, \u201cSo you have that endless aisle that we can offer that others might not be able to offer.\u201dThe company is no stranger to smaller stores. In 1998, it launched Neighborhood Markets, in an effort to make headway in towns that weren’t large enough to support a traditional Walmart or Walmart Superstore.  Tariffs. Supply chains.Customer expectations. C-suite expectations. Everything you need for retail success, none of the fluff.Download the market analysis\u00a0HERE."},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"2013","item":"https:\/\/www.the-future-of-commerce.com\/2013\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"03","item":"https:\/\/www.the-future-of-commerce.com\/2013\/\/03\/#breadcrumbitem"},{"@type":"ListItem","position":3,"name":"13","item":"https:\/\/www.the-future-of-commerce.com\/2013\/\/03\/\/13\/#breadcrumbitem"},{"@type":"ListItem","position":4,"name":"Walmart bullish on small stores","item":"https:\/\/www.the-future-of-commerce.com\/2013\/03\/13\/walmart-bullish-on-small-stores\/#breadcrumbitem"}]}]