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Wal-Mart to serve food in small-format stores: report

NEW YORK (Reuters) - Wal-Mart Stores Inc <WMT.N> intends to prepare and serve food in its planned small-format stores, the Financial Times said on Friday, as it competes with British retailer Tesco's <TSCO.L> Fresh & Easy markets.
Posted : Fri, 16 May 2008 09:41:04 GMT
Author : Reuters
Category : US (Business)
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NEW YORK (Reuters) - Wal-Mart Stores Inc intends to prepare and serve food in its planned small-format stores, the Financial Times said on Friday, as it competes with British retailer Tesco's Fresh & Easy markets.

The smaller-format stores will include a kitchen, food counters and seating for up to nine people, the FT said, citing planning documents.

Wal-Mart's Marketside format -- planned at 15,000 square feet -- is said to be a third of the size of most of its Neighborhood Market stores, and less than a tenth of the size of most of the world's largest retailer's superstores.

The stores will have a logo showing a pile of stylized fruit and vegetables with the Marketside name in green and a small blue star, the FT said.

A Wal-Mart representative was not able to comment immediately.

(Reporting by Aarthi Sivaraman, editing by Will Waterman)


(c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.



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