Walmart said on Wednesday it was planning to open more than 150 stores over the next five years, as it invests heavily in its operations to stay competitive in a fast-changing retail landscape, reports Reuters.
The company said in October it was looking to invest more than $9 billion over a two-year period as it undertakes a massive plan to expand its operations and modernize its stores with new technology, better layouts and wider product selection.
The retailer said it was aiming to revamp 650 stores across 47 states and Puerto Rico during the next 12 months that would likely create tens of thousands of jobs.
Walmart to open more than 150 stores in US
FE Team | Published: February 03, 2024 22:18:57
Walmart to open more than 150 stores in US
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