Walmart is expanding its presence by adding more stores and expanding current locations. Additionally, they are also planning to install electric vehicle charging stations.
CNBC stated that the company plans to construct or change over 150 big stores in different locations in the United States within the next five years. As per the Associated Press, Walmart has not launched any new stores in the last three years.
What does a "large-format" Walmart store look like? Walmart has released press images of its Supercenter design for these planned stores, but has not disclosed the specific cities where they will be located.
Walmart announced that they will be implementing their "Store of the Future" concept in various locations, featuring more displays and QR codes for customers to scan for more information about products. The company had already been in the process of remodeling 650 locations to incorporate this concept before making the announcement on Wednesday.
In a statement released on Wednesday, Walmart president and CEO John Furner highlighted the significant financial investments the company has made in terms of labor, supplies, and tax revenue to benefit the communities where its stores are located.
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 incorporating energy-efficient lighting and equipment throughout the locations.
Apart from focusing on sustainability measures indoors, Walmart is also planning to make changes to its parking lot. The company has announced intentions to install quick-charging stations for electric cars.
Walmart is planning to create a network of affordable electric vehicle fast-charging stations across the country to make it easier for Walmart shoppers and employees to own and use electric vehicles. This initiative is aimed at providing more convenience and accessibility for those interested in electric vehicle ownership.
According to CNBC, Walmart has over 4,600 stores across the United States and has a workforce of almost 1.6 million employees.
Check out the initial images of the next generation of Walmart stores. Photo credit goes to Rob Carroll.
Check out this gallery featuring 50 retail chains that were once popular but are no longer in existence. The gallery credit goes to Madison Troyer.
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