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As the Supercenter proved to be a much more profitable experiment, Walmart renamed the stores "Wal-Mart's Hypermart USA" in April 1990, and eventually began either converting them to Supercenter operations or closing them. As of 2023, two of the former Hypermart USA locations still operate as Walmarts while the other two have been demolished.
Walmart purchased 19 acres (77,000 m 2) from the owners for a Supercenter, located at Crosstimbers and Fulton, adjacent to new multi-tenant retail buildings. Houston Community College also acquired land for a new campus on about 14 acres (57,000 m 2 ) along the Fulton side of the property.
Walmart Inc. (/ ˈ w ɔː l m ɑːr t / ⓘ; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States and 23 other countries. It is headquartered in Bentonville, Arkansas. [10]
Walmart Supercenter; Defunct. American Fare – division of Kmart/Bruno's [68] Auchan – tested in the Houston and Chicago areas; Houston stores closed in 2003; bigg's – merged with Remke Markets and lost general merchandise section (see Remke Markets bigg's)
By 1988, Wal-Mart was the most profitable retailer in the United States, [7] though it did not outsell K-Mart and Sears in terms of value of items purchased until late 1990 or early 1991. By 1988, Walmart was operating in 27 states, having expanded into Arizona, Michigan, Ohio, West Virginia, New Jersey, and Wyoming.
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In the late 1980s and early 1990s, the three major US discount store chains – Walmart, Kmart and Target – started developing similar format chains. Wal-Mart (as it was known before its late-2000s rebranding as Walmart) introduced Hypermart USA in 1987, followed by Wal-Mart Supercenter in 1988; [ 12 ] The same year, French chains Carrefour ...
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111 Yale St, Houston, TX · Directions · (713) 860-0700