Posted October 19, 2018 06:09:17The Walmart store chain is expected to open a total of 14 Walgers in the US in the coming years, according to a report from the Wall Street Journal.
The Walgreen brand, based in Bentonville, Arkansas is the only one of the nation’s biggest retailers to have announced plans to open new stores in Texas and Georgia.
Walmart has been a leader in the American retail sector for years, and has been gaining momentum in recent years.
Its stock price rose about 1% in early 2018 to its highest level since the year 2000.
Walgreens is looking to expand its presence in the United States, particularly in the rural and rural-heavy South and Southwest, and to build out its presence into more metropolitan areas.
It plans to expand in Louisiana, Mississippi and Alabama.
The company has been investing in technology, such as its digital ordering platform, which will enable more customers to order and pay for their items online, the WSJ said.
It has also been investing heavily in its e-commerce business.
Its $3.2 billion acquisition of online grocer Best Buy has boosted its online presence, and in October the company announced plans for a $1 billion buyout of the online retail giant.
Walmarts plans to be a big part of the next phase of growth for the company, and will add at least one new store in each of the states it plans to enter, according the WSJC.
The Walmart is expected launch its first U.S. store in Alabama and Georgia in 2019.