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Stockreport

Walmart will close Illinois fulfillment center this spring. Here's what we know [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 news comes as the nation's largest retailer continues reshaping its logistics network to reflect changing consumer shopping habits. The company notified Illinois officials on March 27 that it will shut down a distribution facility in Matteson, according to a filing with the Illinois Department of Commerce and Economic Opportunity under the Worker Adjustment and Retraining Notification Act. The closure is expected to affect 111 employees, with layoffs scheduled to take effect May 29. Walmart said the decision is part of a broader restructuring effort that began last year as it works to streamline operations and invest more heavily in automation and faster digital fulfillment. Like other companies, Walmart has been adjusting its supply chain to accommodate a growing share of online orders while consolidating some physical operations. The Matteson site, sometimes referred to as the ORD facility, handles distribution functions and does not affect Walmart's retail stores in Illi [Read more]
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Stockreport

Walmart will close Illinois fulfillment center this spring. Here's what we know [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 news comes as the nation's largest retailer continues reshaping its logistics network to reflect changing consumer shopping habits. The company notified Illinois officials on March 27 that it will shut down a distribution facility in Matteson, according to a filing with the Illinois Department of Commerce and Economic Opportunity under the Worker Adjustment and Retraining Notification Act. The closure is expected to affect 111 employees, with layoffs scheduled to take effect May 29. Walmart said the decision is part of a broader restructuring effort that began last year as it works to streamline operations and invest more heavily in automation and faster digital fulfillment. Like other companies, Walmart has been adjusting its supply chain to accommodate a growing share of online orders while consolidating some physical operations. The Matteson site, sometimes referred to as the ORD facility, handles distribution functions and does not affect Walmart's retail stores in Illi [Read more]
IMPACT SNAPSHOT
EVENT TIME:
WMT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS