The latest brainchild from Wal-Mart is smaller stores. There are two new concepts that Wal-Mart is rolling out. The first is the Wal-Mart Express store which will be under 15,000 square-feet. The second is the Wal-Mart Neighborhood Market which will be between 30,000 and 60,000 square-feet. These smaller stores make more sense for urban environments or places where large tracts of land are unavailable to build a 185,000 Super-Center.
Wal-Mart is rolling out their new “Pick Up Today” service where customers can order online and pick up their merchandise at a local Wal-Mart. This concept will help keep store sizes smaller. Stocking less merchandise takes up less floor space. It also cuts down on shipping costs and waiting time for customers. You can pick up your merchandise the same day you order it online.
Finally, Wal-Mart is going greener. Look for solar arrays, LED lighting and skylights in new and remodeled stores.