Walmart opening 150 stores as retail shopping makes comeback

Walmart, the largest retailer in the world, plans to open 150 new stores, including converting some smaller locations into supercenters, over the next five years, the company said Wednesday.Over the next 12 months, the Bentonville, Ark.-based retailer said it will also remodel 650 stores with “improved layouts” as part of a $500 million investment announced last year to modernize the big-box chain’s 4,700 US outposts.Walmart’s investment in brick-and-mortar locations marks a pivot after the company began s ...