The retailer will open nine new stores across Florida in its current fiscal year and also execute a multi-million-dollar capital investment plan by remodeling more than 40 locations across the state. Walmart currently operates 375 stores in Florida.  

The discounter also confirmed plans to break ground later this year on a new distribution center for perishable goods in the City of Cocoa, Florida. The company is planning an investment of more than $145 million on the planned 640,000 sq. ft. facility.

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