Quick Stats

Quick Stats

    You are here

    Walmart Planning to Enter Convenience Channel

    The retail giant is reportedly eyeing property in urban areas.

    By Linda Lisanti, Convenience Store News

    Wal-Mart Stores Inc., the largest retailer in the United States, is planning to enter the convenience channel in large cities, The Financial Times reported yesterday.

    The Bentonville, Ark.-based retailing giant is looking at property for smaller-format stores in urban areas such as San Francisco and Detroit. “They've been looking at sites between 20,000 and 50,000 square feet over the summer,” one broker in northern California told the publication.

    Wal-Mart will outline its business plans later this year, according to Bill Simon, the chain’s CEO for the United States. Plans will include convenience stores similar to those it runs in Latin America.

    The company is currently planning to enter the Chicago market with more than 20 stores -- a mix of supercenters and small-format stores. And Simon said more cities would follow.

    “You'll see us taking the Chicago approach with other cities,” he noted.
     

    By Linda Lisanti, Convenience Store News
    • About Linda Lisanti Linda Lisanti is editor-in-chief for EnsembleIQ's Convenience Store News and Convenience Store News for the Single Store Owner media brands. In this role, she is responsible for content development across all of CSNews' print and online properties, with a specialty in coverage of the foodservice category in convenience stores. Lisanti has more than 13 years of experience in the journalism field. After working as a reporter for several daily newspapers, she joined CSNews as a staff writer in August 2005 and held senior writer, senior editor and executive editor positions before becoming editor-in-chief in August 2014. Lisanti has a bachelor’s degree in communications/journalism from Rowan University.

    Related Content

    Related Content