Walmart is planning to expand by adding more large stores and installing electric vehicle charging stations at some of their current locations.
According to CNBC, the company is planning to either construct new or renovate over 150 "large-format" 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.
Images released by Walmart showcase the design of their Supercenter for the upcoming "large-format" stores. The specific locations of these stores have not been disclosed by the company yet.
Walmart announced that some of its locations will feature the company's new "Store of the Future" concept, which includes more displays and QR codes for customers to scan for more information about products. Before this announcement, Walmart was already in the process of renovating 650 more locations to include this concept.
According to a statement from Walmart president and CEO John Furner, the company's investments in labor, supplies, and tax revenue amount to millions of dollars, benefiting the communities where they operate.
CNBC reported that the company chose not to disclose the amount spent on 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 reduce environmental impact.
Alongside their sustainability initiatives indoors, Walmart is also planning to make changes to their parking lot. They have announced intentions to install fast-charging stations for electric cars.
Walmart is working on creating a network of affordable electric vehicle charging stations across the country to make it easier and more accessible for Walmart customers and employees to own an electric vehicle.
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 could be the future design for Walmart stores. The photo credit goes to Rob Carroll.
Check out this collection of 50 retail chains that were once popular but are no longer in business. The gallery credit goes to Madison Troyer.
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