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Walmart Puts $9B Toward 2-Year Store Remodeling Effort

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Walmart Inc. of Bentonville is rolling out a half-billion dollars worth of upgrades to many of its discount stores this week, part of a two-year, $9 billion program to improve its Supercenters and Neighborhood Markets.

The retailer said that on Friday it will re-open 117 revamped and remodeled stores across 30 states.

Improvements include better lighting and signage, more shopping carts, expanded pharmacies, better displays, and additional Grab & Go sections. Other features include improved store layouts, expanded product selections and technology that Walmart said allows its employees to better support customers and “make shopping more convenient and enjoyable.”

In all, Walmart U.S. CEO John Furner says the retailer is spending $9 billion over the next two years to upgrade and modernize more than 1,400 of stores across the country.

“… [T]hese construction investments allow us to create more local jobs and make it easier for our associates to get customers what they want, when they want it,” Furner said in a news release.

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