Reuters reports that Walmart "said it is investing more than $9 billion over a two-year period to upgrade and modernize some U.S. stores with improved layouts, expanded product selections and new tech additions.
"On Friday, 117 stores in 30 states will be re-launched showcasing the enhancements, representing investments of more than $500 million, Walmart said in a statement. In total, it plans to modernize more than 1,400 of its 4,717 Walmart stores across the country … The enhanced stores will have refreshed interiors and exteriors, with new paint, updated flooring, modernized restrooms, LED-lighting and new signage for brighter and easier navigation through the stores, the company said.
"Customers also will see increased check-out options, including staffed lanes and self-checkout areas, and more grab-and-go food and beverage options in its grocery areas.
"Stores will also host bigger pharmacies with private screening rooms for pharmacist consultations and services, and digital screens and QR codes that offer information on Walmart's services offered online, the company said in a statement."
- KC's View:
That's a lot of money and a lot of stores. I hope that a lot of the effort is being put into stores far away from Bentonville - it sometimes seems that the further you get from Walmart's headquarters, the less impressive its stores are.
A good mantra would be to make sure every store in the chain should look like Doug McMillon, John Furner and their families are likely to shop there every day.