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Stockreport

Walmart Cuts Two Fulfillment Sites, Impacting 200 Jobs [Yahoo! Finance]

Walmart Inc. (WMT)  More Company Research Source: Yahoo! Finance
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
The company is closing an e-commerce fulfillment center in the Chicago suburb of Matteson, Ill., impacting 111 employees, according to a Worker Adjustment and Retraining Notification (WARN) Act notice filed March 27. The closure comes as Walmart relocates operations at the warehouse to its 1.1-million-square-foot “next-gen” fulfillment center in Chicago-area Joliet, Ill. More from WWD Field Notes: Retail's Great Reversal and the Drive for Operational Clarity Saks Global Secures $500M in Financing, Expects to Exit Bankruptcy This Summer How Saks Global's Business Started to Wake Up in Bankruptcy Employees were informed of the closure of the 150,000-square-foot “ORD” facility in February and will have an opportunity to transfer to other facilities nearby or nationwide. Additionally, Walmart is closing a Sam's Club fulfillment center in Worcester, Mass., according to a March 29 WARN notice. Ninety employees will be impacted by the 138,000-square-foot site's closure. Both f [Read more]

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Walmart Cuts Two Fulfillment Sites, Impacting 200 Jobs [Yahoo! Finance]

Walmart Inc.  (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
The company is closing an e-commerce fulfillment center in the Chicago suburb of Matteson, Ill., impacting 111 employees, according to a Worker Adjustment and Retraining Notification (WARN) Act notice filed March 27. The closure comes as Walmart relocates operations at the warehouse to its 1.1-million-square-foot “next-gen” fulfillment center in Chicago-area Joliet, Ill. More from WWD Field Notes: Retail's Great Reversal and the Drive for Operational Clarity Saks Global Secures $500M in Financing, Expects to Exit Bankruptcy This Summer How Saks Global's Business Started to Wake Up in Bankruptcy Employees were informed of the closure of the 150,000-square-foot “ORD” facility in February and will have an opportunity to transfer to other facilities nearby or nationwide. Additionally, Walmart is closing a Sam's Club fulfillment center in Worcester, Mass., according to a March 29 WARN notice. Ninety employees will be impacted by the 138,000-square-foot site's closure. Both f [Read more]

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