Walmart is planning to expand their stores by adding larger locations and also increasing the size of some of their current stores. Additionally, they will be installing electric vehicle charging stations at their stores.
CNBC announced that the company plans to construct or change over 150 "large-format" stores throughout 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.
What does a Walmart store with a 'large-format' design look like? Walmart has shared press images of its Supercenter design for these planned stores, but has not disclosed the specific locations where they will be built.
Walmart announced that they will be implementing their "Store of the Future" concept in various locations, which will include more displays and QR codes for customers to scan for more information about products. Before this announcement, Walmart was already in the process of remodeling 650 locations to incorporate this concept.
In a statement released on Wednesday, Walmart president and CEO John Furner expressed that the investments made by the company in labor, supplies, and tax revenue amount to millions of dollars and benefit the communities where they operate.
CNBC reported that the company did not disclose the expenses associated with the stores.
Walmart has disclosed that the new stores will prioritize sustainability in their design. They will feature energy-efficient lighting and equipment throughout the locations.
Aside from focusing on sustainability initiatives within its stores, Walmart is also planning to improve its parking area by installing fast-charging stations for electric cars.
Walmart is in the process of creating a network of affordable electric vehicle fast-charging stations across the country. The goal is 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 across the United States and has a workforce of almost 1.6 million employees.
Check out the initial images of the upcoming Walmart store concept that is being referred to as 'The Walmart Of The Future'. The gallery credit goes
Check out this collection of 50 popular retail stores that have closed down. Photo credits go to Madison Troyer.
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