Walmart is planning to open more stores and expand some of their current locations. Additionally, they will be adding electric vehicle charging stations to some of their stores.
According to CNBC, the company plans to create over 150 "large-format" stores in the United States within the next five years. The Associated Press mentioned that Walmart has not opened any new stores in the last three years.
What does a Walmart store with a 'large-format' look like? Walmart has released press images showcasing its Supercenter design for these planned stores, but has not disclosed which cities they will be located in.
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. The company had already been renovating 650 locations to include this concept before the recent announcement.
The investments made by Walmart represent a significant amount of money in labor, supplies, and tax revenue that ultimately benefit the communities they are located in, according to a statement made by Walmart president and CEO John Furner on Wednesday.
CNBC reported that the company chose not to disclose the price of the stores.
Walmart has revealed that their new stores will prioritize sustainability by incorporating energy-efficient lighting and equipment into their design.
Apart from focusing on sustainability initiatives indoors, Walmart is also planning to improve its parking lot. They have announced intentions to install fast-charging stations for electric cars.
Walmart is working on creating a network of electric vehicle fast-charging stations across the country to make owning an EV 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 almost 1.6 million employees.
Check it out: The initial images of what the future Walmart store may look like. The photo credit goes to Rob Carroll.
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