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Walmart Announces Plans To Open New Fulfillment Center In Southern Pennsylvania – $WMT $DIA

By John F. Heerdink, Jr.

As per reports, Walmart Stores, Inc. (WMT) is set to open a new fulfillment center in southern Pennsylvania to support the retailer’s rapidly increasing supply chain network and eCommerce capabilities. The 1.8M+ square-foot Shippensburg facility will be located at 2281 United Drive and is expected to open in the Spring of 2022, creating up to 600 permanent, full-time jobs across the region. 

Walmart fulfillment centers are a significant part of the retailer’s supply chain network. Unlike distribution centers, which are focused on receiving, storing, and distributing products to Walmart stores, fulfillment centers can store millions of items that are picked, packed, and shipped directly to customers as soon as the next day. 

“We are thrilled to have the opportunity to invest in our associates through job promotion and growth while providing new career opportunities to job-seekers in the Southern Pennsylvania region. In addition to competitive compensation and benefits, Walmart also offers industry-leading training and development opportunities, such as a college degree 100% paid for by Walmart’s Live Better U. There’s never been a better time to be a Walmart supply chain associate,” stated Karisa Sprague, SVP U.S. Supply Chain People. 

Walmart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Walmart U.S., Walmart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, apparel stores, drug stores, convenience stores, membership-only warehouse clubs; and retail Websites. To learn more about Walmart (WMT) and to continue to track its progress please visit the Vista Partners Walmart Coverage Page

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. 

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(Read Original Story: Walmart Selects Shippensburg, Pennsylvania for New Fulfillment Center, Opening Spring 2022 in Business Wire)


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