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Bright lights and snazzy mannequins: Walmart rolls out sleek new store designs - TL;DR CNBC

Bright lights and snazzy mannequins: Walmart rolls out sleek new store designs

Publishing timestamp: 2023-01-28 08:00:01


Summary

Walmart is remodeling some of its big-box stores, including some near New York City, in order to attract inflation-weary shoppers to buy higher-margin merchandise. The stores have brighter lights, fashion-forward mannequins, and colorful displays of makeup, pet supplies, and more. Walmart is also developing exclusive brands and working with well-known brands to offer stylish private brands. Visits to the remodeled stores have been higher than average Walmart and Target locations, and shoppers have been spending more time in the stores.


Sentiment: POSITIVE

Tickers: WMTTGT

Keywords: business newswalmart incbusinesstarget corpbreaking news: businessretail industry

Source: https://www.cnbc.com/2023/01/28/walmart-new-sleek-store-designs.html


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