Tim Boyle/Getty Images The retail behemoth is considering how it could redevelop its sprawling parking lots into town centers.
The nation’s largest retailer has developed dozens of conceptual plans showing how it could redevelop its
sprawling parking lots into bustling town centers. Last week, Walmart Inc. (NYSE: WMT) revealed it is evaluating whether to transform underused land at its stores across the U.S. — including a prototype in Colorado — into new offerings, such as restaurants, shops, food halls, parks, entertainment venues and more. Walmart plans to break ground next spring on a "Walmart Town Center" project.
