The former Albertson stores are located in Frisco and Flower Mound. According to local news reports in Texas, these stores will be converted to Wal-Mart neighborhood markets and will follow the design and concept of other Wal-Mart neighborhood markets.
According to reports, Chris Booras, Chris Gibbons and John Zikos of Venture Commercial negotiated with the real estate landlord regarding the deals. Charlotte Walley, also of Venture Commercial, worked with Wal-Mart on the deals regarding the Frisco site.
The Albertson store in Frisco has an area of 64,300 square feet while the one over at Flower Mound has an area of 55,000 square feet. Both of these stores are bigger than the conventional Wal-Mart Neighborhood Market, as the majority of these neighborhood markets have an area of 42,000 square feet. According to reports from local media, Wal-Mart still has plans to open about thirty to forty small to medium-sized stores within this year.
Currently, Wal-Mart already has several neighborhood markets in the area of greater Dallas, Texas. Some of these locations are in Lidway, Road, Dallas, Plano and McKinney. Most of these neighborhood markets also feature a pharmacy, but only with a limited number of supplies. Despite the relatively small alternatives of these neighborhood markets, these are still convenient places to shop for basic necessities.
Aside from these smaller grocery stores, Wal-Mart also has a supercenter in Frisco, Texas. Meanwhile, Albertson’s still has a number of its stores in different parts of Texas, such as in Dallas, Plano, Arlington and Hurst.