Walmart is expanding their stores and adding more locations to their already existing ones. Additionally, they are planning to install electric vehicle charging stations at some of their stores.
CNBC announced that the company plans to create over 150 larger 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 a Walmart store with a large format look like? Walmart has released press images showcasing the design of its Supercenter for the planned "large-format" stores. The company has not disclosed the specific cities where these stores will be located.
Walmart announced that their locations will feature the "Store of the Future" concept, which includes more displays and QR codes for customers to scan and access more information about products. Before this announcement, Walmart was already in the process of renovating 650 more locations to include 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 in which they operate.
CNBC reported that the company chose not to disclose the price of the stores.
Walmart has announced that their new stores will prioritize sustainability in their design. They will feature energy-efficient lighting and equipment throughout the locations.
Apart from focusing on sustainability initiatives within its stores, Walmart is also planning to update its parking lot by installing fast-charging stations for electric cars.
Walmart is planning to create a network of fast-charging stations for electric vehicles across the country to make it easier for their customers and employees to own and use EVs. This change is expected to make EV ownership more convenient and accessible for those who shop at Walmart.
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 initial images of the upcoming retail concept called 'The Walmart Of The Future'. The photos in the gallery are credited to Rob Carroll
Check out this gallery of 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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