Walmart is expanding its store presence by adding more large stores and installing electric vehicle charging stations. The company is focused on growing its store network and enhancing existing locations.
According to CNBC, the company plans to either construct new or transform over 150 large-scale stores throughout the United States within the next five years. The Associated Press noted that Walmart has not opened any new stores in the last three years.
Images provided by Walmart showcase the design of their Supercenter for the upcoming "large-format" stores. The company has not disclosed the specific locations of these stores yet.
Walmart announced that some 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 was already renovating 650 locations to include this concept before making this announcement.
Walmart president and CEO John Furner stated in a Wednesday statement 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.
The new Walmart stores will prioritize sustainability in their design, with a focus on energy-efficient lighting and equipment.
Apart from focusing on sustainability measures inside its stores, Walmart is also planning to make changes to its parking lot. The company has announced its intention to install fast-charging stations for electric cars.
Walmart is planning to create a network of affordable electric vehicle fast-charging stations across the country to make it easier for Walmart customers and employees to own electric vehicles. This initiative aims to make EV ownership more convenient and accessible for everyone involved.
According to CNBC, Walmart has over 4,600 stores in the United States and has a workforce of almost 1.6 million individuals.
Check out the initial images of the upcoming Walmart store design, known as 'The Walmart Of The Future'. The gallery credit goes to Rob Carroll
Check out this gallery of 50 well-known retail chains that are no longer in business. The credit for the gallery goes to Madison Troyer.
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