Walmart plans to add more than 150 large-format stores across the U.S.
Publishing timestamp: 2024-01-31 12:04:53
Summary
Walmart plans to open more than 150 large-format stores over the next five years, with some locations being converted and the majority being new stores. The company already has over 4,600 stores across the US and sees room for further expansion. Despite competition from online players like Amazon, Walmart views its brick-and-mortar locations as a key part of its future. The new stores will feature a more modern look, with a sleeker layout, technology enhancements, and sustainability features.
Sentiment: NEUTRAL
Keywords: business, retail industry, walmart inc, united states, business news, breaking news: business, amazon.com inc,
Source: https://www.cnbc.com/2024/01/31/walmart-plans-to-add-150-more-stores-across-us.html