Walmart is expanding by adding more large stores and installing electric vehicle charging stations. They have a strong strategy to grow their retail footprint and enhance their existing locations.
According to CNBC, the company plans to create over 150 large 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.
Images released by Walmart showcase the design of their Supercenter for their upcoming "large-format" stores. The specific locations of these stores have not been disclosed by the company yet.
Walmart announced that they will be implementing their "Store of the Future" concept in certain locations, which will feature more displays and QR codes for customers to scan and access more product information. Prior to this announcement, Walmart was already in the process of remodeling 650 other locations to include this concept.
In a statement released on Wednesday, Walmart president and CEO John Furner highlighted the significant investment in labor, supplies, and tax revenue made by the company, 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 by incorporating energy-efficient lighting and equipment in their design.
Along with focusing on sustainability measures indoors, Walmart is also planning to update its parking lot. They have announced intentions to install quick-charging stations for electric cars.
Walmart is working on creating a network of fast-charging stations for electric vehicles across the country. This initiative aims to make owning an electric vehicle more convenient and accessible for both Walmart 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 out these initial images of what the future Walmart could look like. The gallery is credited to Rob Carroll.
Check out this list of 50 popular retail stores that have closed down. The credit for the gallery goes to Madison Troyer.
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