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How will Walmart's stock price change by January 31, 2025, due to the new distribution centers?
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Story
Walmart to Open Five 700,000 Sq Ft Automated Distribution Centers Using AI
Jul 10, 2024, 01:45 PM
Walmart is set to open five automated distribution centers across the United States as part of its strategy to maintain its dominance in the grocery sector. These new facilities, which will average 700,000 square feet each, are designed to enhance the distribution of fresh food, including chilled and frozen items, to Walmart's 4,600 stores nationwide. The move is part of Walmart's broader initiative to leverage technology and automation, including AI, to improve efficiency and save billions in costs.
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