Walmart Neighborhood Market

Walmart is adding to the local grocery market competition today by opening 3 new Neighborhood Markets dedicated almost entirely to the grocery sector.  Stores will run about 40,000 sf and be staffed by 200 local employees.  The three stores are spread out geographically as they are back filling the shuttered Food Lion stores.  Mandarin (Old St Augustine Rd), Middleburg (CR 220), and Merrill Rd at 2-95 will finish the trio.  A fourth store in Julington Creek at SR 13 (San Jose) will open in or around August.  The concept has been in the Walmart family since 1998 and is the largest segment of the current income model.  With the Neighborhood Markets and Markets in the Supercenters surpassing the sales of all the other segments.  It is nice to see another competitor in the market and even better to have a strong National Retailer fill the holes created by Food Lion's departure.  The ancillary benefits are huge to those retail tenants who selected their location based on a strong co tenant and have been struggling to attract customers since the draw of the anchor left.  Happy Shopping....
Link to article from Jacksonville.com