For the first quarter, Dollar Tree beat Wall Street estimates and, while introducing its financial results, laid out its investment strategy for the future. The company posted a first-quarter net income of $536.4 million, or $2.37 per diluted share, versus $374.5...
As it moves into an increasingly programmable future, Walmart has expanded an agreement with Symbotic, a supply chain technology company employing A.I. in its functions, to implement a robotics and software automation platform in all 42 of the retailer’s regional...
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...
As the company expands its digital business, Macy’s has announced plans to open a new 1.4 million square foot, $584 million fulfillment center in China Grove, NC. Set to open in 2024, the China Grove Fulfillment Center will constitute almost 30% of Macy’s digital...
Family Dollar has initiated a voluntary retail level product recall of certain products regulated by the United States Food and Drug Administration that were stored and shipped to 404 stores from Family Dollar Distribution Center 202 in West Memphis, AK from January...
