Another DFW Area Walmart Neighborhood Market To Close

Arizona, Hawaii, Nevada, New Mexico, Oklahoma, and Texas. No non-grocery posts.
arizonaguy
Store Manager
Store Manager
Posts: 1107
Joined: July 12th, 2013, 6:07 pm
Been thanked: 35 times
Status: Offline

Another DFW Area Walmart Neighborhood Market To Close

Post by arizonaguy »

A store in Dallas and another in Greenville have already closed earlier this year.

This store, at 6513 Meadowbrook Drive in Ft. Worth will close May 29.

http://www.star-telegram.com/news/busin ... 40642.html
architect
Assistant Store Manager
Assistant Store Manager
Posts: 843
Joined: December 8th, 2015, 3:41 pm
Has thanked: 2 times
Been thanked: 7 times
Status: Offline

Re: Another DFW Area Walmart Neighborhood Market To Close

Post by architect »

arizonaguy wrote:A store in Dallas and another in Greenville have already closed earlier this year.

This store, at 6513 Meadowbrook Drive in Ft. Worth will close May 29.

http://www.star-telegram.com/news/busin ... 40642.html
Nice find! Honestly, I'm not surprised that this location is closing, as it is located in a declining area with little prospect for rebound any time soon. In Fort Worth, pretty much the entire area stretching from Lake Arlington at the east to TCU in the west, and between I-20 and I-30 is in some of decline due to an aging housing stock and bad schools. There is also an Albertsons and a former Kroger at Bridge St. just a couple of exits north on 820, along with a Walmart nearby at I-30/Eastchase.
architect
Assistant Store Manager
Assistant Store Manager
Posts: 843
Joined: December 8th, 2015, 3:41 pm
Has thanked: 2 times
Been thanked: 7 times
Status: Offline

Re: Another DFW Area Walmart Neighborhood Market To Close

Post by architect »

According to this article, this Wal-Mart Neighborhood Market is actually closing due to an expiring lease:

Link
veteran+
Valued Contributor
Valued Contributor
Posts: 2234
Joined: January 3rd, 2015, 7:53 am
Has thanked: 1204 times
Been thanked: 72 times
Status: Offline

Re: Another DFW Area Walmart Neighborhood Market To Close

Post by veteran+ »

I wonder how long the WNM will last in Palm Desert Ca.?

Of all places to put a store that does not match your core demographic, Palm Desert (this location was formerly a Toys R Us)?

BTW this store is 1/4 mile or less from the only Whole Foods in the desert.
Romr123
Assistant Store Manager
Assistant Store Manager
Posts: 693
Joined: February 1st, 2021, 4:26 pm
Has thanked: 37 times
Been thanked: 56 times
Status: Offline

Re: Another DFW Area Walmart Neighborhood Market To Close

Post by Romr123 »

It's still there...weird location to be sure.
storewanderer
Posts: 14379
Joined: February 23rd, 2009, 3:54 pm
Has thanked: 2 times
Been thanked: 298 times
Contact:
Status: Offline

Re: Another DFW Area Walmart Neighborhood Market To Close

Post by storewanderer »

Romr123 wrote: April 14th, 2022, 9:28 pm It's still there...weird location to be sure.
Looks like a very low volume operation. Maybe stuck in a lease?

Wal Mart's somewhat different center store mix in certain categories may appeal to some seasonal folks from other regions who are in the area.
ClownLoach
Valued Contributor
Valued Contributor
Posts: 2694
Joined: April 4th, 2016, 10:55 pm
Has thanked: 40 times
Been thanked: 289 times
Status: Offline

Re: Another DFW Area Walmart Neighborhood Market To Close

Post by ClownLoach »

I suspect the gross majority of these small format stores will close when their leases are up. Low volume is a funny thing - you can slash labor to the bone to reduce loss - but the lease termination fees are still in the millions of dollars. So it is usually not worth the trouble of closing prior unless the store is hemorrhaging cash due to high shrink.
lake52
Cashier
Cashier
Posts: 86
Joined: November 8th, 2018, 8:44 pm
Status: Offline

Re: Another DFW Area Walmart Neighborhood Market To Close

Post by lake52 »

Dependent on lease restrictions it seems like a lot of these Walmart Neighborhood Markets would be great for last mile distribution.
storewanderer
Posts: 14379
Joined: February 23rd, 2009, 3:54 pm
Has thanked: 2 times
Been thanked: 298 times
Contact:
Status: Offline

Re: Another DFW Area Walmart Neighborhood Market To Close

Post by storewanderer »

lake52 wrote: April 15th, 2022, 5:32 pm Dependent on lease restrictions it seems like a lot of these Walmart Neighborhood Markets would be great for last mile distribution.
Most of them are already warehouse interiors with no fresh food prep areas to speak of but they do have ample walk in refrigeration, freezers, etc. It would be extremely easy to do this type of conversion. Basically close down, take out the checkstands and current shelving, and you are there. Could even keep pharmacy going to process refills etc.
DFWRetaileWatcher
Cashier
Cashier
Posts: 81
Joined: April 24th, 2021, 8:58 pm
Status: Offline

Re: Another DFW Area Walmart Neighborhood Market To Close

Post by DFWRetaileWatcher »

storewanderer wrote: April 16th, 2022, 12:52 am
lake52 wrote: April 15th, 2022, 5:32 pm Dependent on lease restrictions it seems like a lot of these Walmart Neighborhood Markets would be great for last mile distribution.
Most of them are already warehouse interiors with no fresh food prep areas to speak of but they do have ample walk in refrigeration, freezers, etc. It would be extremely easy to do this type of conversion. Basically close down, take out the checkstands and current shelving, and you are there. Could even keep pharmacy going to process refills etc.
They did this (sort of) with a former Walmart Neighborhood Market in Dallas' Lower Greenville. It has been converted to a mini (cashierless) Sam's Club.

https://corporate.samsclub.com/blog/201 ... -of-retail
Post Reply