Walmart is expanding by adding more larger stores and installing electric vehicle charging stations. Their goal is to increase the number of stores they have and expand their existing locations.
According to CNBC, the company plans to create over 150 larger stores in the United States within the next five years. The Associated Press stated that Walmart has not opened any new stores in the last three years.
The design of Walmart's Supercenter for their new "large-format" stores can be seen in press images they have released. However, Walmart has not disclosed the specific cities where these stores will be located.
Walmart announced that their locations will feature the "Store of the Future" concept, which includes more displays and QR codes for customers to scan for more information about products. The company was already in the process of renovating 650 more locations to include this concept before the announcement on Wednesday.
According to a statement released by Walmart president and CEO John Furner, the company's investments in labor, supplies, and taxes amount to millions of dollars that benefit the communities where they operate.
CNBC reported that the company chose not to disclose the price of the stores.
Walmart has revealed that their new stores will prioritize sustainability in their design. These locations will feature energy-efficient lighting and equipment throughout the store.
Apart from focusing on sustainability initiatives indoors, Walmart is also planning to improve its parking lot by adding fast-charging stations for electric cars.
Walmart is planning to create a network of 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 it out: The first images of what the future Walmart could look like are now available for viewing. The gallery credit goes to Rob Carroll
Check out this gallery of 50 retail chains that used to be popular but are no longer in existence. This collection was put together by Madison Troyer.
Additional content can be found on Taste of Country. For more updates and news,