Walmart is expanding their retail presence by opening new stores and expanding existing ones. In addition, they are also installing electric vehicle charging stations at their locations.
According to CNBC, the company plans to either construct or renovate over 150 large stores in the United States within the next five years. The Associated Press has stated that Walmart has not opened any new stores in the last three years.
Images provided by Walmart show the design of its Supercenter for the upcoming "large-format" stores. The company has not disclosed which cities will host these stores.
Walmart announced that certain locations will feature their "Store of the Future" concept, which includes more displays and QR codes for customers to scan and access additional product information. The company was already in the process of remodeling 650 locations to include this concept before the recent announcement.
In a statement released on Wednesday, Walmart president and CEO John Furner mentioned that the company's investments in labor, supplies, and tax revenue amount to millions of dollars, benefiting the communities where their stores are located.
CNBC reported that the company chose not to disclose the expenses associated with the stores.
Walmart has revealed that their new stores will prioritize sustainability by incorporating energy-efficient lighting and equipment in their design.
Apart from focusing on sustainability initiatives indoors, Walmart is also planning to revamp its parking lot by installing rapid-charging stations for electric cars.
Walmart is working on creating a network of affordable electric vehicle fast-charging stations across the country. The goal is to make owning an electric vehicle more convenient and accessible for both Walmart 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 out the initial images of what the future Walmart store could look like. The photos are credited to Rob Carroll.
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