Walmart is planning to expand their stores and enhance some of their current locations by adding more space and amenities.
CNBC announced that the company plans to construct or transform over 150 large stores throughout 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 is the appearance of a "large-format" Walmart? Walmart has released press images of its Supercenter design for the new "large-format" stores, but has not disclosed the specific cities where these stores will be located.
Walmart announced that certain locations will feature their new "Store of the Future" concept, which includes more displays and QR codes for customers to scan and access extra product details. The company had already been in the process of renovating 650 more locations to incorporate this concept before the recent announcement.
Walmart's president and CEO, John Furner, stated that the company's investments in labor, supplies, and tax revenue amount to millions of dollars, ultimately benefiting the communities in which 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, with a focus on energy-efficient lighting and equipment.
Aside from their focus on sustainability within their stores, Walmart is also planning to make changes to their parking lot. They have announced their intention to install fast-charging stations for electric cars.
Walmart is working on creating a network of affordable 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 it out: The initial images of what the future Walmart might look like. Photo credit goes to Rob Carroll.
Check out a gallery of 50 retail chains that were once popular but no longer exist. The credit for the gallery goes to Madison Troyer.
Additional content from Taste of Country
Details
Connect with Us