With its focus on traditional grocery stores, the supermarket chain Walmart announced Monday that it is seeking to add more grocery stores in some cities by building out its “supermarket network” beyond the country’s largest supermarket chains.
The retailer said it would also expand its online grocery business, with the goal of expanding its reach beyond its home base in the United States.
The plan is part of the retailer’s effort to expand its grocery presence in cities like Seattle, San Francisco, and New York.
“In order to provide consumers with access to the best food and products at the best prices, we are excited to announce our plan to expand our grocery network to other markets, including our largest market, the U.S.,” said Bill Dean, vice president of Walmart’s global grocery business.
Walmart’s “superstore” plan is in part an attempt to expand the business of the world’s biggest retailer.
Walmart currently owns and operates a combined 2,300 stores in the U: 1,400 in the US, and about 700 in Canada and Mexico.
For Walmart, its plan will focus on expanding the retail presence of its online business.
Walmart’s goal is to reach about 80 percent of the global grocery market, according to a Walmart statement.
While Walmart will expand its reach across a larger number of markets, Dean said it will also expand into the home market, and he noted that the plan would include a partnership with a number of large grocery chains, including Walgreens, Kroger, Safeway, Trader Joe’s, and Safeway.
Dean said the plan could also help Walmart compete with larger competitors like Whole Foods Market, which has also announced plans to expand in some markets.
In recent years, Walmart has focused on its own “store-first” approach to its grocery business that has included opening more stores and buying back its stock.
In an effort to diversify its operations, Walmart bought and re-sold shares of other grocery chains including Costco and Trader Joe.
It also has recently bought a significant number of small grocery chains in some of the biggest cities in the country.
However, in recent years the retailer has also started to build up its online store business.
In February, the company announced that it had acquired two companies that specialize in online shopping, Safeway and Target.
At the time, Walmart CEO Doug McMillon said that the company was working to “build out its digital and retail footprint” in order to “deliver more value to our customers” and “create more choice and value for our customers.”
Dean, in his statement, noted that Walmart’s new plan is an example of the company “continuing to make meaningful investments in our online business, expanding the value of our inventory, and creating new retail opportunities that help us better serve our customers.”
As we continue to grow and strengthen our grocery business in the coming years, we will continue to build out our Walmart brand, which will provide customers with the most value and choice available for their dollars,” Dean said.
According to Dean, Walmart is also exploring the possibility of building its own brick-and-mortar grocery store.
“As the retailer of the future, Walmart will continue our effort to build its online presence and bring customers more of what they need, whether it’s fresh produce, fresh meats, groceries, or fresh prepared meals,” he said.