Walmart is planning to expand their store presence by adding more large stores and also incorporating electric vehicle charging stations at some locations.
According to CNBC, the company plans to construct or transform over 150 "large-format" stores in the United States over the next five years. The Associated Press noted that Walmart has not opened any new stores in the last three years.
The new Supercenter design for Walmart's "large-format" stores has been revealed through press images. However, the company has not announced the specific cities where these stores will be located.
According to Walmart, the locations will feature the company's new "Store of the Future" concept, which includes more displays and QR codes for customers to scan and access more information about products. The retail giant had already been renovating 650 locations to include this concept before the announcement was made on Wednesday.
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 they operate.
CNBC reported that the company did not disclose the price of the stores.
Walmart has revealed that their new stores will prioritize sustainability by incorporating energy-efficient lighting and equipment in their design.
Apart from focusing on sustainability measures within its stores, Walmart is also planning to revamp its parking lot by installing fast-charging stations for electric cars.
Walmart is in the process of creating a nationwide network of electric vehicle fast-charging stations that will aim to make it easier and more affordable for Walmart customers and employees to own an electric vehicle. This initiative is intended to increase the accessibility and convenience of electric vehicle ownership.
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 images were taken by Rob Carroll.
Check out this list of 50 retail chains that are no longer in operation. This gallery was created by Madison Troyer.
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