Walmart Inc., the retail giant, announced on Wednesday its ambitious plans to construct or remodel over 150 stores within the next five years. This move promises to bring numerous employment opportunities in the areas where the stores will be located.
The first two stores as part of this initiative will commence operations in Santa Rosa Beach, Florida, and Atlanta, Georgia. In a bid to promote sustainability and energy efficiency, Walmart also revealed that these new stores would be equipped with EV charging stations.
In addition to the new constructions, Walmart has plans to remodel 650 existing stores spanning 47 states and Puerto Rico in the forthcoming 12 months.
In financial news related to Walmart, the company's stock was trading at $166.19, recording an increase of 0.36 percent on the New York Stock Exchange.
