Wal-Mart to Close Neighborhood Market in Dallas

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Wal-Mart to Close Neighborhood Market in Dallas

10/03/2008
Wal-Mart Stores, Inc. said Thursday it will shutter its Neighborhood Market in Dallas, at the southwest corner of Audelia Road and Walnut Hill Lane, by the end of December, effectively putting an anemic store out of its misery before a new Wal-Mart Supercenter opens three miles away.

"This store has not been performing well financially for several years," the giant retailer said in a statement, "and with our new Supercenter opening at Forest and Abrams later this month, we made the decision to close the Neighborhood Market."

The Neighborhood Market unit has been unprofitable since it opened six years ago, according to Wal-Mart spokeswoman Kellie Duhr. All 89 employees affected by the closing will be offered jobs at other stores in the Dallas area, the company said.