Walmart is planning to expand their retail presence by opening more large stores and implementing electric vehicle charging stations at some of their current locations.
According to CNBC, the company plans to construct or transform over 150 big stores in the United States within the next five years. The Associated Press stated that Walmart has not opened any new stores within the last three years.
What is the design of a "large-format" Walmart like? Walmart has released press images of its Supercenter design for the new "large-format" stores, but has not disclosed which cities these stores will be in.
Walmart announced that they will be implementing their "Store of the Future" concept in certain locations, which will include more displays and QR codes for customers to scan and access more information about products. The company was already in the process of remodeling 650 locations to include this concept before the announcement.
Walmart president and CEO John Furner stated that the company's investments in labor, supplies, and tax revenue amount to millions of dollars, benefiting the communities where they operate. This statement was released on Wednesday.
CNBC reported that the company chose not to disclose the expenses associated with the stores.
Walmart has revealed that their new stores will prioritize sustainability in their design. These locations will feature energy-efficient lighting and equipment to support their commitment to sustainability.
Aside from their sustainability initiatives indoors, Walmart is also planning to make changes to their parking lot. They have announced intentions to install quick-charging stations for electric cars.
Walmart is planning to create an extensive network of fast-charging stations for electric vehicles across the country. The goal is to make owning an EV 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 the initial images of what the future Walmart store may look like. These photos were taken by Rob Carroll.
Check out this gallery showcasing 50 retail chains that have closed down. This gallery was created by Madison Troyer.
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