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In 1998, Wal-Mart introduced the Neighborhood Market concept with three stores in Arkansas. [48] By 2005, estimates indicate that the company controlled about 20 percent of the retail grocery and consumables business. [49] In 2000, H. Lee Scott became Wal-Mart's president and CEO as the company's sales increased to $165 billion. [50]
BI-LO supermarket. A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections.Strictly speaking, a supermarket is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or big-box market.
A grocery store , grocery shop or grocer's shop or simply grocery [1] is a retail store that primarily retails a general range of food products, [2] which may be fresh or packaged. In everyday U.S. usage, however, "grocery store" is a synonym for supermarket , [ 3 ] and is not used to refer to other types of stores that sell groceries .
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