Walmart 'steps-up' Neighborhood Market

Walmart (NYSE:WMT) will open a revamped version of its Neighborhood Market store near the retailer's headquarters. The Bentonville, Arkansas, store will offer more fresh foods and reflects "a step up" in presentation.

The location not only expands on its fresh foods, but also services, Supermarket News reported. The deli department features a pizza oven for custom orders and the bakery offers custom cake decorating.

"We're really happy with this store [which opened in January], but we've added some very special fresh food options [at the new store]. It will be a step up," Nick Berkeley, regional general manager for small formats at Walmart, told Supermarket News. "Over the last 12 months we've done a lot of work on developing a broader hot food offering, including training associates. That area of the store is really important to us."

Walmart has been expanding and tweaking its smaller-formats. Last fall, the company announced it would change the name of its Walmart Express stores and integrate them with the Walmart Neighborhood Market brand. Earlier in 2014, Walmart announced that it would rev up expansion of all small-format stores, building 270 to 300 small stores in 12 months, doubling its initial prediction of 120 to 150.

For more:
-See this Supermarket News article

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