Walmart Opens High-Tech Consolidation Center in Minooka, Illinois Creating 700 New Jobs [Yahoo! Finance]
Walmart Inc. (WMT)
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Source: Yahoo! Finance
MINOOKA, Ill., April 30, 2024 BUSINESS WIRE )--Today, Walmart hosted the grand opening of its newest high-tech consolidation center in Minooka, Illinois. The new 492,000 square-foot facility, located at 201 S. McLinden Road will bring nearly 700 additional jobs to the area. Once implemented, the facility's automated technology can enable three times more volume to flow throughout the center and help Walmart deliver the right product to the right store, so customers can find the products they need. This building will be the third of its kind in Walmart's supply chain. The first, located in Colton, Calif., opened in 2019 "We've made continued investments in our people, facilities and technology to ensure we have the right product, in the right place, at the right time," said Mike Gray, Senior Vice President of Ambient Operations at Walmart. "As part of these investments, the Minooka facility will provide even more opportunities for small to medium sized suppliers in the region who do
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News
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- Walmart Inc. (NYSE: WMT) had its price target raised by analysts at Evercore ISI from $67.00 to $70.00. They now have an "outperform" rating on the stock.MarketBeat
WMT
Earnings
- 5/16/24 - Beat
WMT
Sec Filings
- 5/16/24 - Form 8-K
- 5/9/24 - Form 4
- 5/7/24 - Form PX14A6G
- WMT's page on the SEC website