Walmart Plans Estimated $68 Million in New Store Construction, Improvements and Innovations in 2018

On Apr 11, 2018

Walmart announced it expects to spend an estimated $68 million in New Jersey during the next year through the opening, expansion and remodeling of 12 stores as well as the rollout of several in-store and online innovations designed to help busy customers save time and money.  The spend is part of the retailer’s total capital expenditures guidance of approximately $11.0 billion for Fiscal Year 2019, which was outlined last October at the company’s annual meeting for the investment community and reiterated in February 2018.

Walmart recently reported strong comp sales growth of 2.1% for the fiscal year ending Jan. 31, indicating customers are responding well to the company’s business strategy. The plan is to continue improving stores and accelerating innovation during the coming year to make shopping faster and easier for customers in New Jersey.

“At Walmart, we’re always seeking opportunities to improve, in every facet of what we do,” said Glen Spencer, a Walmart regional manager in New Jersey. “This multimillion dollar commitment to our stores and technology will provide customers with a significantly enhanced shopping experience, whether they’re in one of our stores, or making a purchase online.”

2018 New Store Construction, Expansion and Remodels in New Jersey

Walmart plans to build, expand and remodel stores in the following locations:

New Store:

• Walmart Supercenter in Mount Laurel opening Spring of 2018

Store Expansions:

• 979 US 1 South., North Brunswick
• 2501 Route 130 S., Cinnaminson
• 3159 Route 9 South., Rio Grand

Remodels:

• Burlington County
  • 2501 Route 130 S., Cinnaminson
  • 1740 Route 38.,  Lumberton
  • 150 E Route 70., Marlton
• Cape May County
  • 3159 Route 9 South., Rio Grand
• Gloucester County
  • 3501 Route 42., Turnersville
• Hudson County
  • 150 Harrison Ave., Kearny
• Middlesex County
  • 360 US Highway 9 Route N., Woodbridge
  • 979 US 1 South., North Brunswick
• Monmouth County
  • 1872 Route 88., Brick
  • 4900 U.S. Hwy #9., Howell
• Morris County
  • 300 Wootton St., Boonton

2018 In-store and Online Innovations in New Jersey

Walmart continues to innovate how it serves customers, helping them save time and money by creating a seamless shopping experience that empowers customers to shop when, where and how they want.

In addition to continuing to test new technologies that transform how customers shop, the company plans to expand several innovative services that deliver greater convenience and faster services, including:

(1)   Online Grocery Pickup

• New Jersey customers can order Walmart groceries online and pick them up without ever having to unbuckle their seatbelts. The service is free and prices through Walmart Online Grocery are the same as in-store.
• Walmart currently offers Grocery Pickup at 8 New Jersey locations and plans to roll-out 13 new Grocery Pickup locations at area stores in 2018 and 2019.

(2)   Walmart Pickup Towers

• Much like a high-tech vending machine, the Walmart Pickup Tower allows customers to pick up their online orders in less than a minute by scanning a bar code sent to their smartphone. To use the tower, customers simply choose from millions of items available on Walmart.com and select the Pickup option at checkout.
• Pickup Tower service is currently available at the Secaucus store.

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