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.OK so there will be both a Wal-Mart Supercenter and a Wal-Mart Express at the Chatham Market development. Interesting.
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.”
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