Walmart is expanding by opening more large stores and adding electric vehicle charging stations to some of their current locations.
CNBC has stated that the company plans to either construct new or renovate 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 "large-format" Walmart store look like? Walmart has released press images of its Supercenter design for the upcoming stores, but has not disclosed the locations of the cities where they 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 more information on products. The company was already in the process of remodeling 650 locations to incorporate this concept before making the announcement on Wednesday.
In a statement released on Wednesday, Walmart president and CEO John Furner mentioned that the company's investments in labor, supplies, and tax revenue amount to millions of dollars and bring benefits to the communities they operate in.
CNBC reported that the company chose not to disclose the prices of the stores.
Walmart recently revealed their plans to design new stores with sustainability as a key focus. These locations will feature energy-efficient lighting and equipment to promote environmental friendliness.
Apart from focusing on sustainability practices within its stores, Walmart is also planning to improve its parking lot 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 for both shoppers and employees. This initiative is aimed at increasing accessibility to electric vehicles at Walmart locations.
According to CNBC, Walmart has over 4,600 stores located in the United States and has a workforce of nearly 1.6 million employees.
Check out the initial images of the upcoming Walmart store design, dubbed as 'The Walmart of the Future'. These photos were credited to Rob Carroll
Check out a list of 50 popular retail chains that have closed down over the years. This gallery was created by Madison Troyer.
Additional content from Taste of Country can be found here. For more information, please