U.S. big-box chain retailer Walmart is on an aggressive expansion plan. Real estate investors could do well by following in its wake.
Walmart recently announced plans to construct or convert more than 150 stores nationwide, including locations in key markets in Texas, California, Florida, Alabama, and Utah. In doing so, the retailer underscored its commitment to brick-and-mortar retail and the large-scale employment from local communities.
“An Investment in a Community and New Job Opportunities”
Walmart’s expansion is a major driver of employment, especially in its Supercenters. New Supercenters have opened this year in Frisco and Cypress, Texas, with a new store planned for Melissa, Texas, in November. The company’s expansion will continue into 2026, with new locations slated for Apollo Beach, Florida, and Eastvale, California, USA Today reported.
Walmart has more than 4,600 locations in the U.S. It has opened nine stores in 2025, according to Business Insider, usually targeting metro areas that are growing but not saturated. The retailer’s move into a new location depends on good local infrastructure and an available workforce.
“This isn’t just a ribbon-cutting. It’s a commitment to the future, an investment in a community and new job opportunities,” John Furner, president and CEO of Walmart U.S., said in a statement at the opening for the company’s Supercenter in Cypress, Texas.
Why Walmart Makes Sense for Local Landlords
When a Walmart comes to town, there are definite upsides for local landlords.
1. Improved retail access and convenience
Aside from Walmart employment, having a Supercenter nearby is a…