Walmart is planning to expand its number of stores and enhance some of its current locations. Additionally, they are also installing electric vehicle charging stations at their stores.
CNBC announced that the company plans to either construct or transform over 150 "large-format" stores throughout 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 a Walmart Supercenter with a larger layout look like? Walmart has shared press images of its design for these planned "large-format" stores, but has not disclosed the specific cities where they will be built.
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 for more information about products. Before this announcement, Walmart was already in the process of renovating 650 more locations to incorporate this concept.
In a statement released on Wednesday, Walmart president and CEO John Furner mentioned that the company's investments in labor, supplies, and tax revenue amount to millions of dollars, benefiting the communities where Walmart operates.
CNBC reported that the company chose not to disclose the price of the stores.
Walmart has stated that their new stores will prioritize sustainability, with a focus on energy-efficient lighting and equipment.
Besides focusing on sustainability initiatives indoors, Walmart is planning to revamp its parking lot by installing 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 it easier and more accessible for Walmart shoppers and employees to own an electric vehicle.
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 first images of what the future of Walmart may look like. The photo 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 this gallery goes to Madison Troyer.
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