NEW YORK — Walmart said Wednesday it plans to build or convert more than 150 stores in the next five years, while remodeling existing stores.
The plan marks a big change for the discounter. In 2016, Walmart said it was slowing new store openings and instead investing in its online efforts, technology and store remodels as it aimed to be more competitive with Amazon. A company spokeswoman said the discounter hadn’t opened a new store since November 2021.