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Walmart, Target and Dollar General Are Pouring Billions of Dollars Into One Surprising Aspect of Their Businesses

Entrepreneur·Sherin Shibu·20 days ago
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Key Takeaways Online sales continue to rise, but haven’t eliminated the need for brick-and-mortar locations, prompting retailers to double down on the in-store experience. America’s largest retailers plan to spend at least $20 billion to remodel over 12,000 stores throughout this decade, The New York Times recently reported. Target, for example, is upgrading locations with new lighting, redesigned displays, expanded grocery sections and renovated backrooms. Though many shoppers are taking their business online , major retailers are doubling down on brick-and-mortar stores , spending billions of dollars to remodel thousands of locations.  The New York Times reported earlier this week that America’s largest retailers, including Walmart , Target and Dollar General , will spend at least $20 billion to remodel about 12,000 physical stores this decade.  Retail leaders told the Times that the investment is necessary for today’s shoppers .…

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