ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Walmart Set to Open Fifth ‘Next-Gen’ Fulfillment Center in Stockton, CA, in 2026

The facility will soon provide new career pathways for associates and faster shipping speed for customers.

Walmart is announcing plans to open its fifth ‘next-generation’ fulfillment center in Stockton, California, in 2026. The new 900,000 square-foot facility located at 150 Mariposa Road in Stockton—about 50-miles south of Sacramento—will enable the retailer to fulfill online orders throughout the west coast with greater speed and efficiency.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231012664307/en/

Artist rendition of new fulfillment center(Photo: Business Wire)

Artist rendition of new fulfillment center(Photo: Business Wire)

Increased Order Capacity Means Faster Shipping Speeds

The Stockton fulfillment center will be the fifth of Walmart’s ‘next generation’ facilities combining skilled associates with technology and machine learning to provide the west coast with faster shipping and delivery, while increasing fulfillment capacity for Walmart.com orders.

The high-tech facility will feature an automated, high-density storage and retrieval system that streamlines a manual, 12-step process down to just five steps. Benefits of the new technology include more comfort for associates, double the storage capacity and twice the number of customer orders Walmart can fulfill in a day, expanding next- or two-day shipping for Walmart customers.

“The announcement of our high-tech fulfillment center in Stockton commemorates yet another significant stride in our omni-channel retail efforts,” said Karisa Sprague, senior vice president, Fulfillment Network Operations for Walmart U.S. “In response to increasing customer demand for online shopping, we are implementing technology to enhance delivery speed and accuracy for our customers, all the while creating new and exciting technology-empowered career paths for our associates.”

Combined with the rest of Walmart’s fulfillment network, ‘next generation’ fulfillment centers, like the Stockton facility, will enable the retailer to reach 95% of the U.S. population with next- or two-day shipping. Walmart Fulfillment Services, Walmart’s end-to-end third-party fulfillment service, will also leverage the space to fulfill third-party Marketplace items.

Career Opportunities

The Stockton fulfillment center will soon be home to more than 1,000 Walmart associates. The retailer will hire for a variety of positions, including tech-focused jobs.

“The new Stockton facility is another great example of how Walmart is people-led and tech-powered. It’s an investment in technology that will pave the way for good jobs and great careers for our associates,” said Maren Waggoner, senior vice president, End-to-End People Operations at Walmart U.S. “I look forward to seeing the positive impact this facility will have on the Central Valley community, creating new opportunities to work with cutting edge technology and lasting career growth with Walmart.”

Full-time positions qualify for Walmart’s total rewards and benefits plans, including medical, vision and dental insurance, 401(k) matching, paid time off, stock purchase plan and access to a tuition-paid college degree through Walmart’s Live Better U. Candidates can search for open positions and complete applications online at careers.walmart.com.

Walmart currently has 8 distribution centers, 4 fulfillment centers, 309 retail stores and employs 100,140+ associates in the state of California. In FYE 2023, stores, clubs and the Walmart Foundation gave $66 million in cash and in-kind donations to local California organizations.

About Walmart

Walmart Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, approximately 240 million customers and members visit more than 10,500 stores and numerous eCommerce websites in 20 countries. With fiscal year 2023 revenue of $611 billion, Walmart employs approximately 2.1 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting https://corporate.walmart.com, on Facebook at https://facebook.com/walmart, on Twitter at https://twitter.com/walmart, and on LinkedIn at https://www.linkedin.com/company/walmart/.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  249.32
-4.68 (-1.84%)
AAPL  270.04
+0.99 (0.37%)
AMD  250.05
-9.60 (-3.70%)
BAC  53.54
-0.02 (-0.04%)
GOOG  278.06
-6.06 (-2.13%)
META  627.32
-10.39 (-1.63%)
MSFT  514.33
-2.70 (-0.52%)
NVDA  198.69
-8.19 (-3.96%)
ORCL  248.17
-9.68 (-3.75%)
TSLA  444.26
-24.11 (-5.15%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.