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WAL-MART STORES (WMT)
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Wal-Mart Stores, Inc. : More Jobs and Grocery Options Coming to Mobile

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01/28/2014 | 04:52pm CET
  • New Walmart Neighborhood Market located at 6575 Airport Blvd.
  • Up to 95 jobs created by Mobile Walmart Neighborhood Market
  • Store open 6 a.m. to midnight, seven days a week

MOBILE, Ala., Jan. 27, 2014- Walmart will open a new Walmart Neighborhood Market Wednesday, Jan. 29. A brief ribbon-cutting ceremony will be held Friday, Jan. 31 at 7:30 a.m. The new store, approximately one-third the size of a Walmart Supercenter, is located at 6575 Airport Blvd. and is 24 hours a day, seven days a week. The new store will provide local customers with a new, convenient option for their grocery shopping needs, including fresh produce and pharmacy services.

"Additional retail investment is good for Mobile, and a Walmart Neighborhood Market in west Mobile is no exception," said Bill Sisson, president and CEO of the Mobile Area Chamber of Commerce. "On behalf of the Chamber, congratulations on the new store, and our very best wishes for a successful future here."

Smaller Store, More Convenience

The Walmart Neighborhood Market format offers quick and convenient shopping, with a full-grocery department, including organic and natural selections. The store features prepared food options, fresh baked breads, self-serve deli and a bakery. The Mobile store is also tailored to the community, offering local favorites.

The pharmacy offers a full range of products and services. Pharmacy team members can answer product and prescription questions and customers can ask about health and wellness solutions.


Community Giving
The grand-opening celebration includes presentations of $8,000 in grants from Walmart to local community groups. Grant recipients include Baker High School Band, Baker High School Robotics Team, Boys & Girls Club of South Alabama, Mission of Hope, National Alliance on Mental Illness Mobile, Child Advocacy Center of Mobile and Leukemia and Lymphoma Society.

In addition to the grants given as part of the grand opening, the new store will further Walmart's pledge to fight hunger in America. As part of Walmart's and the Walmart Foundation's $2 billion commitment to fight hunger through 2015, Walmart stores in Alabama donated approximately 11.1 million pounds of food, in fiscal year 2013, or the equivalent of 9.2 million meals. Additionally, Walmart and the Walmart Foundation gave more than $21.8 million in fiscal year 2013 in Alabama alone. For more information on Walmart's fight against hunger, visit http://foundation.walmart.com/our-focus/hunger.

New Store, New Jobs
The new store employs up to 95 full- and part-time associates. The first Walmart Neighborhood Market opened in 1998, and today there are approximately 300 Walmart Neighborhood Market stores nationwide.

Store manager Ronald Garrett began his Walmart career in 1999. "We are looking forward to providing Mobile residents with a nice and convenient shopping experience," said Garrett. "We invite everyone to stop by during our grand opening to see the new store and take part in the celebration."

A Big Family Welcome
Walmart is happy to be part of the Mobile community and is ready to celebrate with residents Saturday, Feb. 1. A Big Family Welcome will give customers a chance to meet Garrett and enjoy fun family activities such as face painting, cupcake decorating and free food samples while supplies last. Join the celebration from noon to 3 p.m.  

Join the Conversation

Walmart invites Mobile shoppers to share their in-store experience on Facebook and Twitter by using #MyNewWalmart. Visit the My Local Walmart Facebook page at http://www.facebook.com/walmart4648. Fans of the local page can receive information about rollbacks, in-store events, meal solutions and more.

About Walmart

Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, more than 245 million customers and members visit our more than 10,800 stores under 69 banners in 27 countries and e-commerce websites in 10 countries. With fiscal year 2013 sales of approximately $466 billion, Walmart employs more than 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity.http://corporate.walmart.com , on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmartnewsroom. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.
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Financials ($)
Sales 2019 511 B
EBIT 2019 22 449 M
Net income 2019 14 260 M
Debt 2019 37 253 M
Yield 2019 2,32%
P/E ratio 2019 18,77
P/E ratio 2020 17,41
EV / Sales 2019 0,60x
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Wal-Mart Stores Technical Analysis Chart | WMT | US9311421039 | 4-Traders
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Average target price 104 $
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NameTitle
C. Douglas McMillon President, Chief Executive Officer & Director
Gregory B. Penner Non-Executive Chairman
Jonathan Barker Chief Operating Officer
Brett M. Biggs Chief Financial Officer & Executive Vice President
Jeremy King Chief Technology Officer & Executive VP
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