Walmart is expanding their presence by adding more stores and expanding some of their current locations.
According to CNBC, the company plans to construct or transform over 150 "large-format" stores throughout the United States within the next five years. The Associated Press noted that Walmart has not opened any new stores in the last three years.
Images provided by Walmart showcase the design of their Supercenter for the upcoming "large-format" stores. The specific locations of these stores have not been disclosed by the company yet.
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 access additional product information. Before this announcement, the retail giant was already in the process of remodeling 650 other locations to incorporate this concept.
In a statement released by Walmart president and CEO John Furner on Wednesday, he mentioned that the company's investments in labor, supplies, and tax revenue amount to millions of dollars, benefiting the communities they serve.
CNBC reported that the company chose not to disclose the expenses associated with the stores.
The new Walmart stores will prioritize sustainability in their design, with energy-efficient lighting and equipment being incorporated throughout the locations.
Aside from focusing on sustainability initiatives within its stores, Walmart is also planning to renovate its parking lot. The company has announced intentions to install 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 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 is being called 'The Walmart Of The Future'. The gallery credit goes to Rob Carroll.
Check out this gallery featuring 50 retail chains that were once popular but have since closed down. The credit for the gallery goes to Madison Troyer.
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