Walmart is planning to expand by opening new stores and expanding some of their current locations. They also plan to install electric vehicle charging stations at some of their stores.
CNBC stated that the company plans to either build new or renovate over 150 "large-format" stores in the United States over the next five years. The Associated Press reported that Walmart has not opened any new stores in the last three years.
What is the appearance of a Walmart store with a "large-format"? Walmart has shared press images of its Supercenter design for these planned stores, but has not disclosed the specific cities where they will be located.
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 and access more product information. Prior to this announcement, Walmart was already in the process of remodeling 650 locations to include this concept.
Walmart's president and CEO, John Furner, stated in a released statement on Wednesday that the company's investments in labor, supplies, and tax revenue amount to millions of dollars, benefiting the communities in which they operate.
CNBC reported that the company chose not to disclose the price of the stores.
Walmart has stated that their new stores will prioritize sustainability by incorporating energy-efficient lighting and equipment into their design.
Aside from the initiatives to promote sustainability within its stores, Walmart is also planning to make changes to its parking lot. They have announced their intention to install fast-charging stations for electric cars.
Walmart is planning to create a network of fast-charging stations for electric vehicles across the country to make it easier for Walmart customers and employees to own and use electric vehicles.
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 upcoming Walmart store design, dubbed as the "Walmart of the Future." These photos were credited to Rob
Check out this list of 50 retail chains that were once popular but are no longer in business. This gallery was created by Madison Troyer.
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