Walmart Announces Major Growth Plans With 150 New Stores

Walmart maintains over 4,600 US stores as the world's largest retailer. Now, the Arkansas company wants to expand further in the U.S.

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Walmart unveiled 150 new or renovated locations over the next five years yesterday. According to the Associated Press, Walmart

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announced in 2016 that it would slow store openings to focus on online sales to compete with Amazon. No new stores have opened since 2021.

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Walmart "will create tens of thousands of jobs." during the next year, remodeling 650 locations in 47 states and Puerto Rico. Spring-opening Neighborhood Markets will be the first. 

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Walmart said it's finalizing development plans for 12 additional projects to start this year. Walmart will also turn one smaller store into a Supercenter.

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The new and renovated Walmart stores will display the "Store of the Future" concept. Walmart announced that this modern shop design features enhanced layouts

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The new stores will "be designed with sustainability in mind," using energy-efficient equipment and low-impact refrigerants. 

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According to Walmart, the "largest single-day rollout of re-grand openings in the history of Walmart," launched 117 refurbished

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locations nationwide in November. Walmart spent over half a billion dollars on these remodels, which include new interiors and exteriors, signs

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Sam's Club, owned by Walmart, wants to grow. The warehouse club chain announced plans to open over 30 U.S. facilities over the following few years in January 2023.

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