Walmart Opens East Coast DC Dedicated to Imports

Walmart Opens East Coast DC Dedicated to Imports

Walmart has opened its anticipated $220 million import distribution center in Ridgeville, SC, in an event featuring remarks from Henry McMaster, the state’s governor, and Mike Gray, the company’s senior vp supply chain operations, as well as facility associates and...
Newegg Expanding U.S. Capabilities

Newegg Expanding U.S. Capabilities

Newegg Commerce is opening two new distribution centers, one in Atlanta, GA at 200,000 square feet and one in Ontario, CA, at 240,000 square feet. With eight distribution facilities in its network across the United States, Newegg now has more than 2.1 million square...
Macro Pressures Drive Big Lots to Q3 Loss

Macro Pressures Drive Big Lots to Q3 Loss

Macro pressures led to a third-quarter loss for Big Lots, but the company stated that it is well-positioned for the holiday season. The company posted a net loss of $4.3 million, or 14 cents per diluted share, for the quarter versus net income of $29.9 million, or 76...