Walmart, the world’s largest retailer, has installed more than 1.5 million LED fixtures across more than 6,000 stores, parking lots, distribution centres and corporate offices in ten countries.
This demonstrates a continued commitment to energy efficiency, a drive which began over a decade ago to reduce one of the company’s largest operating expenses.
Walmart has announced that the extensive lighting programme with Current, powered by GE has reduced the retailer’s costs by more than $100 million dollars in energy savings. Walmart has reduced energy use per square foot by more than 12% since 2010 The retailer aims to complete LED and control retrofits at all distribution centres in the US.
LED investments are part of Walmart’s science-based emissions reduction plan aimed at meeting its goal to reduce emissions 18% by 2025.
“Energy is one of the key operating expenses that we can reduce while delivering system upgrades that improve the customer shopping experience,” explained Mark Vanderhelm, Walmart’s Vice President of Energy.
“The ripple effect from these LED conversions throughout the business is truly staggering. We believe that by continuing to reduce one of our biggest operating expenses, we’re supporting future innovation and delivering on our promise of Every Day Low Prices.”
“Walmart is setting a great example for the retail industry to follow,” said Maryrose Sylvester, CEO of Current by GE.
“We believe the global LED and controls transformation is paving the way for the next generation of smart retail, where steady advancement toward new digital solutions will continue improving the shopping experience. Walmart is once again on the leading edge of progress.”
Walmart plans to increase energy efficiency by sourcing renewable energy, improving fleet efficiency and refrigeration systems.
Image Credit: Stock