Walmart is expanding its presence by opening new large stores and adding electric vehicle charging stations to some of its current locations.
According to CNBC, the company plans to construct or transform over 150 large stores in the United States within the next five years. The Associated Press reported that Walmart has not opened any new stores in the last three years.
Walmart has unveiled press images of its Supercenter design for their upcoming "large-format" stores. However, they have not disclosed the specific cities where these stores will be located.
Walmart announced that their locations will feature their "Store of the Future" concept, which includes more displays and QR codes for customers to scan and access more product information. The company had already been in the process of remodeling 650 locations to incorporate this concept before making the announcement on Wednesday.
In a statement released on Wednesday, Walmart president and CEO John Furner said that the company's investments in labor, supplies, and tax revenue amount to millions of dollars and bring benefits to the communities where they operate.
CNBC reported that the company chose not to disclose the price of the stores.
Walmart is planning to build new stores with sustainability in focus, incorporating energy-efficient lighting and equipment throughout the locations.
Apart from focusing on sustainability measures inside the store, Walmart is also planning to update its parking lot by installing fast-charging stations for electric cars.
Walmart is in the process of creating a nationwide network of affordable electric vehicle fast-charging stations to make it easier for Walmart customers and employees to own and use electric vehicles.
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 a futuristic version of Walmart in this photo gallery credited to Rob Carroll.
Check out this list of 50 popular retail chains that have closed down. Created by Madison Troyer.
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