Walmart is expanding by adding larger stores and installing electric vehicle charging stations. Their plan includes increasing the number of stores and improving existing locations.
According to CNBC, the company plans to either construct new or renovate over 150 "large-format" stores in the United States within the next five years. The Associated Press stated that Walmart has not opened any new stores in the last three years.
What does Walmart's "large-format" Supercenter look like? Walmart has released press images of its design for these new stores, but has not announced which cities they will be located in.
Walmart announced that they will be implementing their "Store of the Future" concept in certain locations, featuring more displays and QR codes for customers to scan for more information about products. This concept was already being added to 650 locations before the recent announcement.
Walmart president and CEO John Furner stated that the investments made by the company in labor, supplies, and tax revenue amount to millions of dollars, benefiting the communities they operate in. This statement was released on Wednesday.
CNBC reported that the company chose not to disclose the price of the stores.
Walmart has stated that their new stores will prioritize sustainability by incorporating energy-efficient lighting and equipment in their design.
Aside from focusing on sustainability measures inside its stores, Walmart is planning to improve its parking lot by installing fast-charging stations for electric vehicles.
Find out more about Walmart's latest big change that you might find appealing. Walmart is currently in the process of creating a nationwide network of affordable electric vehicle fast-charging stations to make owning an electric vehicle more convenient and accessible for both customers and employees.
According to CNBC, Walmart has over 4,600 stores in the United States and has a workforce of nearly 1.6 million employees.
Check out the initial images of what the future Walmart store may look like. The gallery credit goes to Rob Carroll.
Check out this list of 50 popular retail chains that have closed down and are no longer in existence. The credit for the gallery goes to Madison Troyer
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