Walmart announces expansion plans — CNBC.com

Walmart has announced plans to build or expand over 150 large-format stores in the U.S.:

The company plans to build or convert more than 150 large-format stores over the next five years, it said Wednesday. Some of the locations will be expanded from a smaller location into a Supercenter with a full range of groceries and merchandise, but the majority will be new stores, Josh Havens, a company spokesman, said.

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