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.
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