Walmart To Invest $450 Million in Florida

Walmart has unveiled a plan to invest $450 million in Florida that includes the opening of new stores, store remodels and establishing an e-commerce distribution center.

According to the retailer, the positive business climate in Florida has enabled Walmart to create thousands of local jobs, invest millions in infrastructure and test innovative ways to serve its customers.

Over a 12-month period dated back to February 1, the company’s plans include opening nine new stores, execute a multi-million dollar capital investment plan that includes remodeling 40 Florida locations, and announce the grand opening of its 150-acre e-commerce distribution center campus in Davenport, to the southwest of Orlando.

“This year has been an exciting one for Walmart in Florida, and we’ll build on that momentum as we continue to focus on how to better serve our customers through innovation and investments so they can save both time and money,” said Elise Vasquez-Warner, Walmart’s vp/regional general manager in North Florida. “We’ve had a sharp focus on making our store experience second to none and our customers are telling us that our plan is working.”