Walmart is planning to expand by adding more large stores and installing electric vehicle charging stations at some of their current locations.
CNBC stated that 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.
Images released by Walmart show the design of its Supercenter for the upcoming "large-format" stores. The company has not disclosed the specific locations of these stores within cities.
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 for extra product details. The company was already in the process of renovating 650 more locations to include this concept before making the announcement on Wednesday.
Walmart's president and CEO, John Furner, stated in a release on Wednesday that the company's investments in labor, supplies, and taxes amount to millions of dollars, benefiting the communities where their stores are located.
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 by incorporating energy-efficient lighting and equipment throughout the locations.
Apart from focusing on sustainability measures indoors, Walmart is also planning to improve its parking lot by installing fast-charging stations for electric vehicles.
Walmart is working on creating a nationwide network of affordable electric vehicle fast-charging stations 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 individuals.
Check out the initial images of what is being called 'The Walmart Of The Future'. Photo credit goes to Rob Carroll.
Check out this collection of 50 retail chains that were once popular but have since closed down. The credit for this gallery goes to Madison Troyer.
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