Walmart plans over 150 new stores in 2025 expansion

Walmart is set to expand its footprint in the U.S. with plans to open or convert over 150 stores by 2025, aiming to boost local economies and job creation in underserved areas. The initiative, part of Walmart's 'Investing in America' plan, is expected to generate hundreds of jobs per location, offering competitive perks to employees. Meanwhile, despite some major retailers closing stores, a survey reveals that over 60% of department store leaders plan to open new storefronts within the next year, indicating a trend towards expanding physical retail presence. This shift reflects a growing omnichannel approach, as retailers like Nordstrom and Bloomingdale's focus on smaller, hyper-curated stores to enhance local shopping experiences. In broader retail trends, 2025 is anticipated to witness a rise in second-hand goods and conscious consumerism, driven by younger shoppers' preferences for sustainability. Innovations in smart retail, such as smart shelves and connected packaging, are also reshaping consumer interactions and expectations in the shopping experience.