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Walmart Invests 9B in Store Upgrades; John Furner Details

Walmart Invests 9B in Store Upgrades; John Furner Details

Wednesday, November 1st, 2023

Come tomorrow, Walmart will be making waves across 117 different United States markets. Representing over $500 million in capital investments, the retailer will be holding grand re-openings for 117 stores across 30 states. However, you should keep reading for what's coming next.

John Furner, Chief Executive Officer, Walmart U.S.“We’re investing more than $9 billion over a two-year period to upgrade and modernize more than 1,400 of our stores across the United States,” said John Furner, Chief Executive Officer of Walmart U.S. “With nearly 90 percent of the U.S. population living within 10 miles of a Walmart, we understand how important our local stores are to customers and communities, and these construction investments allow us to create more local jobs and make it easier for our associates to get customers what they want, when they want it.”

This Friday, dubbed the “Second Best Day,” associates and customers will be welcomed into the improved Supercenters and Neighborhood Markets with ceremonies, ribbon cuttings, and family-friendly activities to commemorate the occasion. Upgraded features include improved layouts, expanded product selections, and innovative technology that allows Walmart associates to better support customers and make shopping more convenient and enjoyable. Enhancements include:

  • Refreshed interior and exterior
  • New Signage
  • More shopping carts
  • Front-end transformation
  • Larger Online Grocery Pickup and Delivery areas
  • Grab & Go
  • Activated corners
  • Elevated departments
  • More space to discover
  • Digital touchpoints

Walmart will be hosting 117 re-grand openings nationwide, representing more than $500 million in capital investments in local communities across 30 states

Additionally, noted the release, customers will continue saving time and money by shopping through Walmart+, Pickup, Delivery, and Walmart Pay.

Click here to learn more about Walmart’s investment strategy.

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