Walmart shoppers are also likely to see new locations pop up in the next couple years — and not all of them will be the WMT super-centers we are used to. Instead, Walmart shoppers will see more WMT locations, in smaller formats.
Walmart’s push to add more smaller stores hasn’t gotten the best publicity. Most headlines note that cities from D.C. to New York have pushed back against the retailer’s expansion.
But that’s not stopping WMT. Instead, Walmart U.S. has plans to open more smaller-format stores than supercenters, according to top exec Bill Simon. WMT is slated to debut 235 to 265 new stores in the states during the 2015 fiscal year, and more than half will be smaller locations.
WMT illustrated this in its meeting presentation by pointing to “fill in” opportunities where grocery and dollar competitors already are. By sticking smaller locations nearby, Walmart hopes to reinforce its market position and provide broad access. Plus, WMT plans to use nearby super-centers as part of the supply chain for smaller spots.