Walmart is planning to expand their stores and add more locations, including larger stores and electric vehicle charging stations.
CNBC announced that the company plans to construct or transform over 150 "large-format" stores throughout the United States within the next five years. The Associated Press noted that Walmart has not opened any new stores in the last three years.
Images provided by Walmart showcase the design of its Supercenter for the upcoming "large-format" stores. The company has not disclosed the specific locations of these stores yet.
Walmart announced that they will be implementing their "Store of the Future" concept in certain locations, which will feature more displays and QR codes for customers to scan and access additional product information. Prior to this announcement, Walmart was already in the process of remodeling 650 locations to incorporate this concept.
According to a statement released by Walmart president and CEO John Furner, the company's efforts involve investing millions of dollars in labor, supplies, and tax revenue in order to benefit 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 in their design. These locations will feature energy-efficient lighting and equipment to reduce environmental impact.
Apart from focusing on sustainability initiatives within its stores, Walmart is also planning to update its parking lot. The company announced intentions to install fast-charging stations for electric cars.
Walmart is planning to create a network of fast-charging stations for electric vehicles across the country. The goal is to make it easier and more convenient 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 nearly 1.6 million employees.
Check it out: The initial images of what has been dubbed 'The Future Walmart' are now available for viewing. The credit for the photo
Check out this list of 50 retail stores that were once popular but have since closed down. Gallery credit goes to Madison Troyer.
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