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• The Financial Times reports that “Walmart is planning to refit another 500 of its stores across the US this year, investing hundreds of millions of dollars to keep bricks and mortar retail relevant in the age of ecommerce.

“Brighter lighting, wider aisles and self checkouts are to be rolled out under the plan, which will bring to 1,000 the number of stores Walmart has upgraded over two years. Electronics and pharmacy departments will receive particular attention. The biggest US retailer divulged individual plans for upgrades in 36 states to local media this week, including a $265 million investment plan for Texas, $173 million for Florida and $145 million for California.”
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