Tuesday, February 27, 2024

Walmart plans to open 150 new stores

Walmart, the popular supermarket chain, announced on Tuesday its plan inaugurated or renovated 150 stores in the United States around the year 2029.

This expansion is part of a broader strategy that includes significant improvements in working conditions and investment opportunities for its employees.

The company recently implemented a series of measures focused on its staff, including an increase in the average salary of store managers, a stock award program for the same group and a 3-for-1 stock split to facilitate acquisition of employees’ actions. .

In addition, Walmart raised the average hourly wage for frontline workers to $18 this month, up from $17.50 previously.

With more than 1.6 million employees, nearly 56,000 of whom are in Arkansas, the company has a significant workforce presence.

As part of its expansion and improvement plan, Walmart will remodel 650 of its stores currently in 47 states next year, plus 150 new openings.

Currently, there are more than 4,600 Walmart stores in the US The new and remodeled stores will adopt an updated concept that the company calls the ‘store of the future.’

These future stores will feature new paint, updated exteriors, updated box designs, and offer an overall more welcoming atmosphere.

From 2021 to 2023, Walmart is investing more than $9 billion in modernization of 1,400 stores.

This was done with the aim of strengthening its commitment to the continuous improvement of the shopping experience for its customers and the working conditions for its employees.

Continue reading:
– 9 Walmart products they recommend not buying
– 10 products that recommend not buying at Home Depot
– Walmart stores to close their doors indefinitely in February

World Nation News Desk
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