Wal-Mart To Enter C-Store Market

Wal-Mart is entering the convenience store market starting with large cities, such as San Francisco, Chicago and Detroit, the Financial Times reported.

The big box chain is reportedly has been looking at smaller-format sites between 20,000-50,000 square feet this summer.

The company expects to outline its business plans later this year, Bill Simon, Wal-Mart’s CEO for the U.S., told the Financial Times. The plans are expected to include convenience stores similar to those it runs in Latin America.

Currently, Wal-Mart is planning to enter the Chicago market with more than 20 stores, a mix of supercenters and small-format stores.

“You’ll see us taking the Chicago approach with other cities,” Simon said.

css.php