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Photo credit: Wal-Mart Wal-Mart is expanding its fleet of smaller-format stores, called Neighborhood Markets. The Markets, which are one fifth of the size of Wal-Mart Supercenters, pose a major ...
While everybody is familiar with Walmart -- the company operates 10,500 retail units under 46 banners in 24 countries (and e-commerce sites) and is the largest U.S. private employer -- some may be...
Walmart Neighborhood Market, former also known as "Neighborhood Market by Walmart" or informally known as "Neighborhood Walmart", [153] is Walmart's chain of stores ranging from 28,000 to 65,000 square feet (2,600 to 6,000 square meters) and averaging about 42,000 square feet (3,900 square meters), about a fifth of the size of a Walmart ...
Walmart opened on June 17, 2009, replacing a former store 1.5 miles (2.4 km) to the west (the old store re-opened six years later as Walmart's Neighborhood Market format in 2015, occupying only half of the old store's original footprint, but later closed in 2019).
In 2015, Sears Holdings spun off 235 of its properties, including the Sears at Santa Maria Town Center, into Seritage Growth Properties. [12] In September 2018, the Town Center Mall was sold to an undisclosed global insurance company for $21.5 million. The remaining anchor stores and the parking garages were not part of the transaction.
The Walmart Neighborhood Market at 7025 W. Main St., is scheduled to close on May 17. A mayoral spokesperson confirmed the news.
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Westgate Center, located in San Jose, California is a 645,000 square foot center. While many of the larger stores have their own exterior entrances, there is an interior mall corridor housing smaller stores like Skechers, Torrid, and Carter's, along with a small food court.