Walmart Plans to Remodel 58 Stores in Florida
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy WMT?
Walmart announced continued reinvestment across Florida with plans in 2026 to remodel 58 stores as part of ongoing efforts to modernize the in-store and digital shopping experience-upgrading layouts, technology, and services to offer faster, more convenient shopping and delivery in as little as an hour for most customers. These efforts reflect Walmart's commitment to supporting economic growth and strengthening communities statewide. Across Florida, Walmart's new and remodeled stores bring that vision to life through expanded services - like free Pharmacy delivery for Walmart+ members, including on GLP-1s - and a store-based app experience that helps customers easily navigate through stores, book services at Walmart's Auto Care Center, and more. The result is a more intuitive, convenient experience that helps customers shop how they want, when they want. Nationally, Walmart is planning remodels at more than 650 Supercenters and Neighborhood Markets this year. Additionally, Walmart invested more than $1.5 billion to upgrade stores throughout Florida over the past five years. Walmart has also recently opened several new locations in Florida, including Supercenters in Apollo Beach, Jacksonville and The Villages, as well as a Neighborhood Market in Ocala. The retailer plans to open additional locations this year in Lady Lake, The Villages, Crestview and Spring Hill.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy WMT?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on WMT
Wall Street analysts forecast WMT stock price to fall
26 Analyst Rating
25 Buy
1 Hold
0 Sell
Strong Buy
Current: 127.500
Low
119.00
Averages
125.75
High
136.00
Current: 127.500
Low
119.00
Averages
125.75
High
136.00
About WMT
Walmart Inc. is a technology-powered omnichannel retailer. The Company is engaged in the operation of retail and wholesale stores and clubs, as well as eCommerce Websites and mobile applications, located throughout the United States (U.S.), Africa, Canada, Central America, Chile, China, India and Mexico. It operates in three reportable segments: Walmart U.S., Walmart International and Sam's Club U.S. The Walmart U.S. segment includes the Company's mass merchandising concept in the U.S., as well as eCommerce, which includes omni-channel initiatives and certain other business offerings such as advertising services. The Walmart International segment consists of the Company's operations outside of the U.S. through its subsidiaries, as well as eCommerce and omni-channel initiatives. The Sam's Club U.S. segment includes the warehouse membership clubs in the U.S., as well as samsclub.com and omni-channel initiatives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Strategic Significance of Retailers' Pricing Power
- Walmart's Pricing Power: Walmart leverages its scale with over 10,900 stores and 280 million weekly visitors to exert pressure on suppliers, allowing it to maintain low prices that attract higher-income consumers and enhance its competitive edge.
- New Store Expansion Plans: Walmart plans to open 20 new stores by 2027, which will further solidify its market position and support future revenue growth, despite a high price-to-earnings ratio of 42.3 indicating strong investor expectations for its performance.
- Ulta Beauty's Market Positioning: Ulta Beauty holds approximately 9% market share in the U.S. beauty market, and its loyal customer base mitigates the risk of backlash when raising prices, showcasing its unique pricing power amidst competitive pressures.
- International Expansion Strategy: Ulta Beauty is expanding internationally by opening new stores in Mexico and the Middle East, which, despite challenges, will help attract more customers globally and enhance its brand influence.
See More
California's Antitrust Case Against Amazon Unveils New Evidence
- New Evidence in Antitrust Case: California's Attorney General released documents revealing internal communications between Amazon and major vendors, indicating alleged coercion to raise prices at rival retailers like Walmart and Target, thereby stifling competition and impacting consumer pricing.
- Price Manipulation Allegations: Amazon is accused of pressuring brands such as Levi Strauss and Hanes to inflate prices on competing platforms, resulting in higher costs for consumers across multiple sites and further entrenching its dominant market position.
- Legal Action Request: The Attorney General's office has requested the court to prohibit Amazon from continuing these alleged price-fixing practices and to appoint an independent monitor to ensure compliance, reflecting serious concerns over Amazon's market behavior.
- Market Share Impact: With Amazon controlling up to 50% of the U.S. e-commerce market, its pricing strategies are seen as a primary factor driving up prices for competitors, potentially leading to significant implications for future market dynamics and consumer choices.
See More
Amazon Accused of Price Fixing in Antitrust Case
- Price Fixing Allegations: California Attorney General accuses Amazon of pressuring major brands like Levi Strauss and Hanes to inflate prices on competing platforms, resulting in higher costs for consumers and highlighting Amazon's dominant position in the e-commerce market.
- Antitrust Lawsuit Developments: Newly unsealed documents reveal communications between Amazon and Hanes, where Hanes confirmed reaching out to Target and Walmart to raise prices, indicating Amazon's pressure tactics to maintain profit margins in a competitive landscape.
- Market Share Impact: With Amazon controlling approximately 50% of the U.S. e-commerce market, the Attorney General asserts that such practices not only harm competition but also lead to increased consumer prices, reflecting Amazon's stronghold in the industry.
- Expected Legal Consequences: The Attorney General has requested the court to prohibit Amazon from continuing these alleged price-fixing practices during the lawsuit and to appoint an independent monitor for compliance, with the case set to go to trial in 2027, potentially impacting Amazon's operational model significantly.
See More
U.S. Importers Set to Claim $160 Billion in Tariff Refunds
- Total Tariff Refunds: U.S. importers, including Walmart and Target, are set to claim over $160 billion in tariff refunds following a Supreme Court ruling, although the refund process may encounter complex legal and bureaucratic hurdles.
- Claims Filing System Launch: The U.S. Customs and Border Protection will launch the CAPE claims filing portal on Monday, allowing importers to submit claims for refunds on tariffs imposed under the now-invalidated Trump administration authority, which is expected to streamline the refund process but still requires multiple validations.
- Retailer Refund Expectations: Analysts project Walmart will receive $10.2 billion in refunds, Target $2.2 billion, and Nike $1 billion, with these refunds potentially reflecting positively on future financial reports by improving profits and cash flow.
- Legal Risk Warning: While refunds could provide short-term financial benefits, trade lawyers caution that companies may face legal risks as many have passed tariff costs onto consumers, potentially leading to lawsuits from customers.
See More
U.S. Tariff Refund Claims Portal Launches Amid Skepticism
- Tariff Refund Portal Launch: The U.S. Customs and Border Protection launched a tariff refund claims portal on Monday, expected to facilitate over $160 billion in refunds for importers, including Walmart, although analysts express skepticism about the speed of these refunds.
- Massive Refund Estimates: According to Citi's analysis, Walmart is projected to receive $10.2 billion, Target $2.2 billion, and Nike $1 billion in refunds, highlighting the significant financial impact on major retailers from the tariff refund process.
- Legal Vulnerability Concerns: Trade lawyers warn that while refunds could enhance company financials, the potential for lawsuits arises as many companies passed on tariff costs to consumers, increasing compliance risks and complicating the refund process.
- Uncertainty in Future Tariff Policies: Treasury Secretary indicated the possibility of reinstating tariffs through Section 301, raising concerns among importers about future tariff implications, especially as the current refund process remains uncertain and could affect market dynamics.
See More
California Sues Amazon for Alleged Price Fixing
- Price Fixing Allegations: California Attorney General Rob Bonta alleges that Amazon colluded with merchants like Levi Strauss to pressure competitors such as Walmart and Home Depot to raise prices, indicating Amazon's manipulative behavior in the market.
- Lawsuit Details Unveiled: In a 3.5-year antitrust lawsuit, numerous instances of alleged price-fixing were disclosed, including interventions on khaki pants, fertilizers, and pet food prices, demonstrating Amazon's tactics to maintain its market dominance through price manipulation.
- Profit Recovery Demands: Bonta's lawsuit seeks not only to halt Amazon's alleged price-fixing but also to recover what he termed
See More
Strategic Significance of Retailers' Pricing Power
- Walmart's Pricing Power: Walmart leverages its scale with over 10,900 stores and 280 million weekly visitors to exert pressure on suppliers, allowing it to maintain low prices that attract higher-income consumers and enhance its competitive edge.
- New Store Expansion Plans: Walmart plans to open 20 new stores by 2027, which will further solidify its market position and support future revenue growth, despite a high price-to-earnings ratio of 42.3 indicating strong investor expectations for its performance.
- Ulta Beauty's Market Positioning: Ulta Beauty holds approximately 9% market share in the U.S. beauty market, and its loyal customer base mitigates the risk of backlash when raising prices, showcasing its unique pricing power amidst competitive pressures.
- International Expansion Strategy: Ulta Beauty is expanding internationally by opening new stores in Mexico and the Middle East, which, despite challenges, will help attract more customers globally and enhance its brand influence.
See More
California's Antitrust Case Against Amazon Unveils New Evidence
- New Evidence in Antitrust Case: California's Attorney General released documents revealing internal communications between Amazon and major vendors, indicating alleged coercion to raise prices at rival retailers like Walmart and Target, thereby stifling competition and impacting consumer pricing.
- Price Manipulation Allegations: Amazon is accused of pressuring brands such as Levi Strauss and Hanes to inflate prices on competing platforms, resulting in higher costs for consumers across multiple sites and further entrenching its dominant market position.
- Legal Action Request: The Attorney General's office has requested the court to prohibit Amazon from continuing these alleged price-fixing practices and to appoint an independent monitor to ensure compliance, reflecting serious concerns over Amazon's market behavior.
- Market Share Impact: With Amazon controlling up to 50% of the U.S. e-commerce market, its pricing strategies are seen as a primary factor driving up prices for competitors, potentially leading to significant implications for future market dynamics and consumer choices.
See More
Amazon Accused of Price Fixing in Antitrust Case
- Price Fixing Allegations: California Attorney General accuses Amazon of pressuring major brands like Levi Strauss and Hanes to inflate prices on competing platforms, resulting in higher costs for consumers and highlighting Amazon's dominant position in the e-commerce market.
- Antitrust Lawsuit Developments: Newly unsealed documents reveal communications between Amazon and Hanes, where Hanes confirmed reaching out to Target and Walmart to raise prices, indicating Amazon's pressure tactics to maintain profit margins in a competitive landscape.
- Market Share Impact: With Amazon controlling approximately 50% of the U.S. e-commerce market, the Attorney General asserts that such practices not only harm competition but also lead to increased consumer prices, reflecting Amazon's stronghold in the industry.
- Expected Legal Consequences: The Attorney General has requested the court to prohibit Amazon from continuing these alleged price-fixing practices during the lawsuit and to appoint an independent monitor for compliance, with the case set to go to trial in 2027, potentially impacting Amazon's operational model significantly.
See More
U.S. Importers Set to Claim $160 Billion in Tariff Refunds
- Total Tariff Refunds: U.S. importers, including Walmart and Target, are set to claim over $160 billion in tariff refunds following a Supreme Court ruling, although the refund process may encounter complex legal and bureaucratic hurdles.
- Claims Filing System Launch: The U.S. Customs and Border Protection will launch the CAPE claims filing portal on Monday, allowing importers to submit claims for refunds on tariffs imposed under the now-invalidated Trump administration authority, which is expected to streamline the refund process but still requires multiple validations.
- Retailer Refund Expectations: Analysts project Walmart will receive $10.2 billion in refunds, Target $2.2 billion, and Nike $1 billion, with these refunds potentially reflecting positively on future financial reports by improving profits and cash flow.
- Legal Risk Warning: While refunds could provide short-term financial benefits, trade lawyers caution that companies may face legal risks as many have passed tariff costs onto consumers, potentially leading to lawsuits from customers.
See More
U.S. Tariff Refund Claims Portal Launches Amid Skepticism
- Tariff Refund Portal Launch: The U.S. Customs and Border Protection launched a tariff refund claims portal on Monday, expected to facilitate over $160 billion in refunds for importers, including Walmart, although analysts express skepticism about the speed of these refunds.
- Massive Refund Estimates: According to Citi's analysis, Walmart is projected to receive $10.2 billion, Target $2.2 billion, and Nike $1 billion in refunds, highlighting the significant financial impact on major retailers from the tariff refund process.
- Legal Vulnerability Concerns: Trade lawyers warn that while refunds could enhance company financials, the potential for lawsuits arises as many companies passed on tariff costs to consumers, increasing compliance risks and complicating the refund process.
- Uncertainty in Future Tariff Policies: Treasury Secretary indicated the possibility of reinstating tariffs through Section 301, raising concerns among importers about future tariff implications, especially as the current refund process remains uncertain and could affect market dynamics.
See More
California Sues Amazon for Alleged Price Fixing
- Price Fixing Allegations: California Attorney General Rob Bonta alleges that Amazon colluded with merchants like Levi Strauss to pressure competitors such as Walmart and Home Depot to raise prices, indicating Amazon's manipulative behavior in the market.
- Lawsuit Details Unveiled: In a 3.5-year antitrust lawsuit, numerous instances of alleged price-fixing were disclosed, including interventions on khaki pants, fertilizers, and pet food prices, demonstrating Amazon's tactics to maintain its market dominance through price manipulation.
- Profit Recovery Demands: Bonta's lawsuit seeks not only to halt Amazon's alleged price-fixing but also to recover what he termed
See More
