Walmart is expanding by adding more 'large' stores and installing electric vehicle charging stations. They have a strong strategy to grow their store presence and improve existing locations.
CNBC announced that the company plans to construct or transform over 150 "large-format" stores in the United States within the next five years. The Associated Press mentioned that Walmart has not opened any new stores within the last three years.
Images released by Walmart showcase the design of its Supercenter for the upcoming "large-format" stores. The company has not disclosed the specific cities where these stores will be situated.
Walmart announced that they will be implementing their "Store of the Future" concept in certain locations, which will feature more displays and QR codes for customers to scan for extra information about products. Before this announcement, the retail giant was already in the process of renovating 650 more locations to include this concept.
In a statement released on Wednesday, Walmart president and CEO John Furner highlighted the significant investment made by the company in terms of money, resources, and tax revenue, all of which have positive impacts on the communities they serve.
CNBC reported that the company chose not to disclose the expenses associated with the stores.
Walmart has announced that their new stores will prioritize sustainability in their design. They will feature energy-efficient lighting and equipment throughout the locations.
Apart from focusing on sustainability measures indoors, Walmart is also planning to update its parking lot by installing fast-charging stations for electric cars.
Walmart is planning to create a nationwide network of affordable electric vehicle fast-charging stations to make it easier for Walmart customers and employees to own and use electric vehicles. This initiative aims to provide more convenient and accessible options for those interested in electric vehicle ownership.
According to CNBC, Walmart operates 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 innovative Walmart store design, often referred to as 'The Walmart Of The Future'. The photo credit goes to
Check out this gallery featuring 50 retail chains that are no longer in operation. The gallery was created by Madison Troyer.
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