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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Walmart Inc | NYSE:WMT | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.50 | -0.84% | 58.85 | 59.41 | 58.72 | 59.35 | 15,357,770 | 21:25:24 |
From May 2023 to May 2024
By Will Feuer
Walmart will open the fifth of its next-generation fulfillment centers in Stockton, Calif., in 2026 as the retailer looks to bolster its e-commerce capabilities amid competition with Amazon.
The 900,000-square-foot facility will hire more than 1,000 people, Walmart said. The facility also will be equipped with automation and machine-learning technology that will increase the center's capacity to fulfill orders and expand Walmart's rapid-delivery capabilities.
"In response to increasing customer demand for online shopping, we are implementing technology to enhance delivery speed and accuracy for our customers," said Karisa Sprague, Walmart's senior vice president of U.S. fulfillment network operations.
Walmart is working to cover 95% of the U.S. population with next- or two-day shopping as demand for rapid delivery of online orders rises.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
October 12, 2023 10:45 ET (14:45 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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