Walmart is expanding its retail presence by opening new large stores and adding electric vehicle charging stations. The company is focused on both increasing the number of stores and improving existing locations.
CNBC announced that the company plans to either construct or renovate over 150 "large-format" stores throughout 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 images released by Walmart display the design of its Supercenter for the upcoming "large-format" stores. However, Walmart has not disclosed the specific cities where these stores will be located.
Walmart announced that certain locations will feature their new "Store of the Future" concept, which includes more displays and QR codes for customers to scan and learn more about products. The company was already in the process of renovating 650 more locations to incorporate this concept before the recent announcement.
According to a statement released by Walmart president and CEO John Furner on Wednesday, the company's investments in labor, supplies, and tax revenue amount to millions of dollars, benefitting the communities where they operate.
According to CNBC, the company chose not to disclose the expenses associated with the stores.
Walmart is planning to construct new stores with a focus on sustainability. These stores will feature energy-efficient lighting and equipment to reduce energy consumption.
Aside from focusing on sustainability measures indoors, Walmart is also planning to update their parking lot. They have announced their intentions to install fast-charging stations for electric cars.
Walmart is working on creating a nationwide network of affordable electric vehicle charging stations to make owning an EV more convenient and accessible for both shoppers and employees, according to Furner.
According to CNBC, Walmart has over 4,600 stores across the United States and has a workforce of almost 1.6 million employees.
Check out the first images of what the future Walmart store might look like. The photo credit goes to Rob Carroll.
Check out this gallery showcasing 50 retail chains that were once popular but are now closed. The credit for this gallery goes to Madison Troyer.
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