Walmart is expanding their presence by opening new stores and expanding some of their current locations. Additionally, they are also looking to add electric vehicle charging stations to some of their stores.
According to CNBC, the company plans to create over 150 "large-format" stores in the United States over the next five years. The Associated Press also noted that Walmart has not opened any new stores in the last three years.
Walmart has shared press images of its Supercenter design for their upcoming "large-format" stores, but they have not disclosed the locations of these stores yet.
Walmart announced that their locations will feature the "Store of the Future" concept, which includes 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 incorporate this concept.
In a statement released on Wednesday, Walmart president and CEO John Furner emphasized the significant financial investments made by the company in terms of labor, supplies, and tax revenue, which ultimately benefit the communities in which 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. They will feature energy-efficient lighting and equipment throughout the locations.
Apart from focusing on sustainability measures indoors, Walmart is also planning to improve its parking lot by installing fast-charging stations for electric cars.
Walmart is working on creating a network of affordable electric vehicle fast-charging stations across the country to make owning an electric vehicle more convenient and accessible for both customers and employees.
According to CNBC, Walmart has over 4,600 stores across the United States and has a workforce of nearly 1.6 million employees.
Check out the initial images of what is being called 'The Walmart Of The Future'. These photos were credited to Rob Carroll.
Check out this list of 50 popular retail chains that have disappeared over time. The gallery is credited to Madison Troyer.
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