Wal-Mart to Open First Los Angeles Neighborhood Market

Wal-Mart Stores plans to open its first Neighborhood Market grocery store in Los Angeles.

According to published reports, the 33,000-square-foot Neighborhood Market will be on the ground floor of a senior housing complex near downtown Los Angeles' Chinatown neighborhood. No opening date is set.

The store will be about one-fifth the size of a traditional Walmart store and sell food and other everyday items.

Reports said that critics are concerned the store will hurt Chinatown’s small, family-owned businesses and offer jobs that do not provide a living wage.