In the short term over the next 12 months, Walmart is finalizing construction plans for 12 new stores, converting a smaller Walmart location into a Supercenter, and remodeling 650 existing stores across 47 states and Puerto Rico, Mr. Furner said.
Walmart planning to add over 150 new stores nationwide over next five years
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“It’s fair to say that we’re asking them to act like owners and to think like owners, ” said John Furner, CEO of Walmart U.S. division in a call to reporters on Sunday.
Walmart's latest perk for its U.S. store managers? Stock grants
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