Walmart has big plans for its supply chain — and for its top-line growth.
At the kickoff of its two-day 2023 Investment Community meeting, Walmart unveiled a plan for what the discount titan says is “a new more connected and automated supply chain which will improve the experience for customers and associates and simultaneously increase productivity.” Over half of Walmart’s fulfillment centers could be automated within three years..
The retailer also said it is targeting 4% sales growth during the next three to five years, which would add more than $130 billion of sales on top of its roughly $600 billion base currently. It is targeting growing operating income at an even faster rate.
Source: Chain Storeage
Omni Talk is the retail blog for retailers, written by retailers. Chris Walton and Anne Mezzenga founded Omni Talk in 2017 and have quickly turned it into one of the fastest growing blogs in retail. 