Walmart Inc. on Tuesday said it planned to outfit its distribution systems with more robotic and software capabilities.
Walmart Inc. on Tuesday said it planned to outfit its distribution systems with more robotic and software capabilities, adding that it believes roughly two-thirds of its stores would be serviced by automation by the end of its fiscal 2026, while sticking with its first-quarter and full-year financial outlook for this year.
The company made the announcement after rising prices for basics last year re-routed consumer demand away from things like clothing and electronics and left Walmart WMT and other retailers stuck with discretionary goods they couldn’t sell without discounting. “Through automation and state-of-the-art technology, the company illustrated how the increased item storage allows the distribution center to provide a more consistent, predictable and higher-quality delivery service to stores and customers and react more quickly to customer demand,” the statement said.
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