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New York State law requires most physical stores to accept cash payments, limiting the expansion of fully cashless retail formats.
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The company has worked to improve results in its retail pharmacy arm by closing locations and revising agreements with insurers.
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Retail figures cited by Sky News said market talk suggests the plan could be initiated within days and may involve seeking rent reductions from several landlords.
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The expanded agreement will see the EdgeSense platform introduced across Walmart Express stores, with plans to extend implementation into the retailer’s Supercenter network.
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The Tata Group-backed jewellery retailer currently operates close to 369 stores, with company-owned outlets accounting for roughly 13% of the network.
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