Wednesday, March 9, 2011

Wal-Mart to add small-format store on South Side

Chicago Real Estate Daily:
Wal-Mart Stores Inc. will open its first urban Wal-Mart Express store, its smallest-format store yet, this summer in the Chatham Market at 83rd Street and Stewart Avenue on the South Side, Alderman Howard Brookins (21st) confirmed.

The world’s largest retailer will build out an existing 10,000-square-foot building immediately to the east of a Potbelly’s sandwich shop along 83rd Street. The new store, not much larger than many 7-Elevens, will carry convenience-minded grocery items.

The Wal-Mart Express will be in the same retail center as a Wal-Mart Supercenter approved last summer. The smaller store will be about two blocks northeast of the supercenter.

“I was told (Wal-Mart) wants to try a new concept and see how it works,” Mr. Brookins said. “There’s the thought that some people don’t want to shop in a big box but need convenient groceries.”
OK so there will be both a Wal-Mart Supercenter and a Wal-Mart Express at the Chatham Market development. Interesting.

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