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Walmart In Texas, Walmart plans to spend $277 million overhauling 45 stores and open four new stores.

DALLAS—Walmart expects to build no more than 25 new US stores this fiscal year as its $11 billion capital budget tilts even more heavily toward renovations and e-commerce. The retailer will introduce several in-store and online innovations.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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