Walmart is expanding by adding more large stores and installing electric vehicle charging stations. They have a strong strategy in place to grow their store presence and enhance existing locations.
According to CNBC, the company plans to construct or transform over 150 large 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.
Images released by Walmart showcase the design of their Supercenter for their upcoming "large-format" stores. The company has not disclosed the specific cities where these stores will be located.
Walmart announced that they will be implementing their "Store of the Future" concept in certain locations. This concept includes more displays and QR codes that customers can scan for more information on products. Prior to this announcement, Walmart was already in the process of remodeling 650 locations to incorporate this concept.
In a statement released on Wednesday, Walmart president and CEO John Furner mentioned that the capital investment in labor, supplies, and tax revenue made by Walmart represents a significant benefit to the communities where their stores are located.
CNBC reported that the company chose not to disclose the price of the stores.
Walmart has revealed 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 revamp its parking lot by installing fast-charging stations for electric cars.
Walmart is making a big change that may be appealing to customers. They are working on creating a network of affordable electric vehicle charging stations across the country. This is aimed at making it easier and more accessible for both shoppers and employees to own and use electric vehicles.
According to a report from CNBC, Walmart has over 4,600 stores in the United States and has a workforce of almost 1.6 million individuals.
Check out the initial images of what the future Walmart might look like. The photo credit goes to Rob Carroll.
Check out this list of 50 popular retail chains that have closed down. The gallery credit goes to Madison Troyer.
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