- Walmart (NYSE:WMT) stock rose in early Tuesday trading on news of its new high-tech fulfillment centre near Dallas, Texas
- The Arkansas-based retail giant held the grand opening of its new 139,000 square metre fulfillment centre that is expected to enable more orders to be fulfilled more quickly
- Located in Lancaster, this is the third of four next generation facilities and can achieve faster shipping and delivery, while increasing online order fulfillment capacity
- Walmart Inc. opened at US$160.7 per share
Walmart (NYSE:WMT) stock rose in early Tuesday trading on news of its new high-tech fulfillment centre near Dallas, Texas.
The Arkansas-based retail giant held the grand opening of its new 139,000 square metre fulfillment centre that is expected to enable more orders to be fulfilled more quickly.
Located in Lancaster, this is the third of four next generation facilities and can achieve faster shipping and delivery, while increasing online order fulfillment capacity.
“These tech-powered jobs will drive the future of Walmart’s continued promise of speedy shipping and delivery for customers in the south-central U.S. just in time for the holidays,” the senior vice president, fulfillment network operations for Walmart U.S., Karisa Sprague, said in a news release. “Our next generation fulfillment centres are the perfect example of how we are a people-led, tech-powered retailer.”
Walmart Inc. is a U.S. multinational retail corporation that operates a chain of super centres, discount department stores and grocery stores.
WMT stock was up 0.11 per cent by mid-morning and 2.2 per cent higher on the week.
Walmart Inc. opened at US$160.7 per share.
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