April 19, 2018
Walmart is building 20 new stores and remodeling hundreds of existing locations, mostly in Florida and Texas, with new designs on everything from aisle layout to shelving and deploying interactive displays in revamped electronics departments.
The new store/redesign strategy, according to a Business Insider report, will cost about $477 million and involve 500 store remodels. It's part of an overall $11 billion spending plan, according to BI.
Walmart will update pharmacies, lay down new flooring, add more self check-outs and expand online grocery pickup to 1,000 more stores this year, according to the report.
"The plan is to continue improving stores and accelerating innovation during the coming year to make shopping faster and easier for our customers," a Walmart spokesman told BI. "We'll also continue to look for ways to improve our processes to empower our associates to serve customers even better — we'll be people powered and tech enabled, always with our customers' needs in mind."