Walmart Bets on Automation, Dangles Revenue Potential
A Walmart delivery container at a warehouse in Redlands, Calif. (Roger Kisby/Bloomberg Information)
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Walmart Inc. is betting on better provide chain automation and hinting {that a} latest funding binge may raise revenue past the retailer’s acknowledged long-term objectives.
Inside three years, the unit price of transferring items will fall 20% as warehouse robots play a bigger position in rushing items to prospects, Walmart stated in an announcement April 4. Whereas the corporate reiterated its outlook for this yr and the long term, the chance to spice