Wal-Mart revises Neighborhood Market format

01/24/2007 12:00:00 AM
Jim Offner

Diversity in formats is a sound business practice, said Ed Odron, a Stockton, Calif.-based retail consultant.

Many of us retailers realize one format doesn't work for all stores,” Odron said. “You have to present the customers with items they want — be it organics, Hispanic, Asian, soy, value-added, price, etc. — in order to fulfill their needs. In many cases, that’s why the independents sometimes do better than the chains.”

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