Walmart is expanding their retail presence by adding larger stores and installing electric vehicle charging stations. Their strategy includes both opening new stores and expanding current ones.
According to CNBC, the company plans to establish or transform over 150 "big-box" stores in the United States within the next five years. The Associated Press noted that Walmart has not introduced any new stores in the last three years.
Images provided by Walmart showcase the design of its Supercenter for the upcoming "large-format" stores. Walmart has not disclosed the specific cities where these stores will be situated.
Walmart announced that the locations will feature their new "Store of the Future" concept, which includes more displays and QR codes for customers to scan for more information about products. Before this announcement, the retail giant was already in the process of renovating 650 more locations to incorporate this concept.
According to a statement from Walmart president and CEO John Furner, the company's investments in labor, supplies, and tax revenue amount to millions of dollars and benefit the communities they are located in.
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.
Apart from focusing on sustainability measures indoors, Walmart is also planning to redevelop its parking lot by installing fast-charging stations for electric cars.
Walmart is planning to create a network of electric vehicle fast-charging stations across the country to make it easier and more convenient for both shoppers and employees to own and use electric vehicles. The goal is to make electric vehicle ownership more accessible and convenient for everyone involved.
According to CNBC, Walmart has over 4,600 stores in the United States and has a workforce of almost 1.6 million individuals.
Check it out: The initial images of what the future Walmart could look like are now available for viewing. The photo gallery was credited to Rob
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