Walmart is planning to expand by opening new stores and expanding existing ones. They are also looking to add electric vehicle charging stations to some of their locations.
CNBC announced that the company plans to construct or transform over 150 "large-format" stores throughout the United States within the next five years. The Associated Press reported that Walmart has not opened any new stores in the last three years.
What does a Walmart Supercenter with a 'large-format' look like? Walmart has released press images of its design for these planned stores, but has not announced the locations of where they will be built.
Walmart announced that they will be implementing their "Store of the Future" concept in various locations, which will feature more displays and QR codes for customers to scan for more information about products. Prior to this announcement, the retail giant was already in the process of remodeling 650 locations to include this concept.
According to a statement released by Walmart president and CEO John Furner on Wednesday, the company's investments in labor, supplies, and tax revenue amount to millions of dollars, benefiting the communities where they operate.
CNBC reported that the company chose not to disclose the expenses associated with the stores.
Walmart has confirmed that their new stores will prioritize sustainability by incorporating energy-efficient lighting and equipment throughout the locations.
Apart from focusing on sustainability measures indoors, Walmart is also planning to improve its parking area by installing fast-charging stations for electric cars.
Walmart is planning to create a network of affordable electric vehicle fast-charging stations across the country to make owning an electric vehicle more convenient and accessible for both shoppers and employees.
According to CNBC, Walmart has over 4,600 stores in the United States and has a workforce of almost 1.6 million employees.
Check out the initial images of the future Walmart store, which is being described as the Walmart of tomorrow. These photos were taken by Rob Carroll
Check out this list of 50 retail chains that were once popular but are no longer in existence. This gallery was created by Madison Troyer.
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