Walmart is expanding its presence by opening new stores and expanding existing ones, as well as installing electric vehicle charging stations.
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 stated that Walmart has not opened any new stores in the last three years.
What is the appearance of a "large-format" Walmart? Walmart has shared press images of its Supercenter design for these planned stores, but has not disclosed which cities they will be in.
Walmart announced that they will be implementing their "Store of the Future" concept in certain locations, which will feature more displays and QR codes for customers to scan for more information about products. Prior to this announcement, Walmart was already in the process of remodeling 650 other locations to include this concept.
According to Walmart president and CEO John Furner, the company's investments in labor, supplies, and tax revenue amount to millions of dollars and benefit the communities where their stores are located. This statement was released on Wednesday.
CNBC reported that the company chose not to disclose the prices 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.
Walmart is not only focusing on sustainability initiatives inside their stores, but they are also planning to make changes to their parking lot. They announced their intention to install fast-charging stations for electric cars.
Walmart is planning to create a network of fast-charging stations for electric vehicles across the country. This initiative aims to make owning an electric vehicle more convenient and accessible for both Walmart customers 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 it out: The initial images of 'The Future Walmart' have been released. Photo credit goes to Rob Carroll.
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