Lancaster, Texas — According to state and local economic development sources Walmart plans to invest $199,500,000.00 to build out 733,202 square feet of new space in Lancaster. The company plans to occupy the new space at 940 East Pleasant Run Road in Lancaster, on or about April 1, 2022. According to the company website What started small, with a single discount store and the simple idea of selling more for less, has grown over the last 50 years into the largest retailer in the world. Each week, nearly 265 million customers and members visit approximately 11,500 stores under 56 banners in 27 countries and eCommerce websites. With fiscal year 2020 revenue of $524 billion, Walmart employs over 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. It’s all part of our unwavering commitment to creating opportunities and bringing value to customers and communities around the world.

To learn more about Walmart, visit http://www.walmart.com/

Company Contact:
Greg Smith, Executive Vice President
https://www.linkedin.com/in/greg-smith-5079315/
479-273-4000

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