Walmart is planning to expand by opening new stores and expanding existing locations. In addition, they will be adding electric vehicle charging stations to some of their stores.
According to CNBC, the company plans to open or transform over 150 large stores in the United States over the next five years. The Associated Press noted that Walmart has not opened any new stores in the last three years.
What does a Walmart Supercenter with a "large-format" look like? Walmart has shared press images of the design for these upcoming stores, but they have not disclosed the specific cities where they will be opening.
Walmart announced that they will be implementing their "Store of the Future" concept in certain locations, which will include more displays and QR codes for customers to scan for more information about products. Before this announcement, Walmart was already in the process of renovating 650 other locations to include this concept.
Walmart president and CEO John Furner stated in a Wednesday statement that the company's investments in labor, supplies, and tax revenue amount to millions of dollars, benefiting the communities where they operate.
CNBC reported that the company chose not to disclose the expenses associated with the stores.
Walmart has stated that their new stores will prioritize sustainability by being designed with eco-friendly practices in mind. This includes using energy-efficient lighting and equipment throughout the locations.
Apart from focusing on sustainability measures indoors, Walmart is also planning to improve its parking area by adding fast-charging stations for electric vehicles.
Walmart is planning to create a nationwide network of affordable electric vehicle fast-charging stations in order to make owning an electric vehicle more convenient and accessible for both 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.
Take a look at the initial images of what could be described as the future version of Walmart. The photos are credited to Rob Carroll.
Check out this collection of 50 retail stores that were once popular but have now closed down. This gallery was put together by Madison Troyer.
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