Walmart to Add , 150 Stores Across US.
On Jan. 31, Walmart announced that over the course of the next five years, it plans to create over 150 large-format stores, CNBC reports. .
While some smaller locations will be expanded into Supercenters, most of the stores will be brand new.
Walmart CEO John Furner said that 12 new stores will be built this year, and one smaller store will be converted into a Supercenter. .
Walmart currently has over 4,600 stores in America. .
It also operates 600 Sam's Clubs.
30 new Sam's Club stores will
also be added in the U.S.
Meanwhile, Walmart also has plans to renovate
its stores to reflect a more modern look.
CNBC reports that 90% of Americans
"already live within 10 miles of a Walmart.".
The retailer is America's largest private employer with approximately 1.6 million employees. .
The retailer is America's largest private employer with approximately 1.6 million employees.
