Difference between walmart and walmart neighborhood market

Walmart.com/ Walmart is considered the first online retail store and a leader in the multi-nation retail venture. It is basically divided into six different in which Walmart Inc leads the rest.

The other stores being Walmart Supercenters, Walmart Discount Stores, Walmart Neighborhood Stores, etc. However, people do get confused while talking about Walmart and Walmart Supercenter.

Walmart is an American retail corporation operating a big chain of discounted grocery stores, supermarkets, departmental stores, and hypermarkets. It is most popularly known as Walmart Inc., and Walmart stores operating in almost every major city around the world.

The company was founded in 1962 and incorporated on October 31, 1969, by Sam Walton. There are various divisions or departments in Walmart one of which is Walmart supercenter.

It usually consists of a vision center, pharmacy, Tire Lube Express, along with a grocery section, general merchandise such as clothing, shoes, electronics, furniture, etc. The company opened its first supercenter in 1988 in Washington, Missouri.

The main difference between Walmart and Walmart Supercenter is that Walmart’s just had household products and goods minus groceries whereas, the regular Walmart Supercenter has the Grocery store and food products in it.

Comparison Table Between Walmart and Walmart Supercenter

What is Walmart?

Walmart is an American multinational company that avails all kinds of products to its customers for their better living standards.

It is also considered the leader of all multinational retail ventures all around the world and is the first online retail store that provides home delivery facilities to its customers. It operates a chain of hypermarkets, discount department stores, supercenters, and grocery stores.

The per-year earning of the company is about US$514.405 billion as of 31st October 2020 and therefore it is the world’s largest company on the basis of revenue with the largest private employer in the world of about 2.2 billion employees.

The headquarter of the company is located in Bentonville, Arkansas, united states. It was founded by Sam Walton in 1962 and was fully incorporated on 31st October 1969. At present, the company is owned by the Walton family with 50 percent of shares to all its heirs and heiresses.

In 1972, on the New York Stock Exchange, Walmart was one of the high profit earning company and by 1988, it was the most profitable retailer in the U.S., by October 1989,  becoming the largest in terms of revenue.

It established its stores from coast to coast by the early 1990s so that the company is not limited to the south and lower midwest of the country. It has a separate division called Sam’s Club opened in New Jersey in November 1989.

What is Walmart Supercenter?

Walmart Supercenter is one of the several departments of Walmart Inc that provides a vision center, pharmacy, Tire Lube Express, along with a grocery section, general merchandise such as clothing, shoes, electronics, furniture, etc.

It is a hypermarket with the sizes varying from 69,000 to 260,000 square feet. The largest Supercenter out of all Walmart Supercenter in the world is located in Crossgates Commons in Albany, New York, covering 260,000 square feet about 24,000 square meters on two floors.

As of 31st October 2020, there were over 3,570 Walmart Supercenters in 49 out of the 50 U.S. states, Puerto Rico, and the District of Columbia.

Walmart opened the gates of its first Supercenter store in Washington, Missouri, in 1988, and as of the current year, it sells approximately 120000 items of all kinds including baked goods and grocery every year.

Main Differences Between Walmart and Walmart Supercenter

1. Walmart is an American retail corporation operating a big chain of discounted grocery stores, supermarkets, departmental stores, and hypermarkets. As against, Walmart Supercenter is one of the stores of Walmart that consists of a vision center, pharmacy, Tire Lube Express, along with a grocery section, general merchandise such as clothing, shoes, electronics, furniture, etc.
2. Walmart is owned by the Walton with 50 percent of the shares owned by the Walton heirs and heiresses. On the other hand, Walmart Supercenter is wholly owned by Walmart itself.
3. Walmart’s headquarter is located in Bentonville, Arkansas. While, The headquarters of Walmart Supercenter is located in Washington, Missouri.
4. Walmart sells around 35 million products. Whereas, Walmart Supercenter sells around 120000 items.
5. Walmart was founded in 1962 and incorporated on October 31, 1969. While, Walmart Supercenter opened its gate for the first time in 1988 in Washington, Missouri.

Walmart operates in almost 27 countries around the world. On the other hand, Walmart supercenter operates in 49 out of 50 states of us and other major cities.

Conclusion

Both Walmart and Walmart Supercenters dominates the market and hold their good in their individual fields. Both have the same parental entity although they both operate separately and are a different entity.

The majority of peoples have no idea whether these two are totally different entities or they are one and the same.

References

1. https://journals.sagepub.com/doi/abs/10.1177/0891242412456738
2. https://pubsonline.informs.org/doi/abs/10.1287/mnsc.2014.2143

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Table of Contents

• Walmart vs Walmart Supercenter
• Comparison Table Between Walmart and Walmart Supercenter
• What is Walmart?
• What is Walmart Supercenter?
• Main Differences Between Walmart and Walmart Supercenter
• Conclusion
• References