Walmart announced this week that it expects to spend an estimated $31 million over the next year in Tennessee through the remodeling of nine stores as well as the rollout of several in-store and online innovations designed to help busy customers save time and money.
The Franklin store at 3600 Mallory Lane is among nine Tennessee stores in line for remodeling this year.
Among the updates planned, the Franklin store is in line to get Pickup Tower for online orders, though the timetable for that addition has not yet been established.
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.
See the Walmart Pickup Tower video here: https://youtu.be/X4c951tg9TM
Franklin, Gallatin and Hendersonville stores are the only Middle Tennessee stores on the update list for this year.
The spend is part of Walmart’s total capital expenditures plan of approximately $11 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 (NYSE: WMT) recently reported strong comp sales growth of 2.1 percent for the fiscal year ending Jan. 31, 2018, 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 Tennessee.
“Walmart is making shopping quicker and more convenient than ever before for Tennessee families with the newest innovations in shopping and beautifully updated stores,” said Sean Riley, regional general manager for Walmart in Tennessee. “Walmart has long been committed to Tennessee, and today’s announcement is further proof that we are serious about our investment in the state.”