Walmart commits $6 billion to expand Symbotic deal
WMT•Walmart extended its agreement with Symbotic, committing about $6 billion over several years to add automation capabilities at 25 U.S. regional distribution centers and support its supply chain globally.
1. Expanded automation agreement
Symbotic will bring additional automation capabilities to 25 of Walmart's regional distribution centers in the United States and support its supply chain capabilities globally. The companies have worked together on Walmart's supply-chain automation since 2017.
2. Supply-chain goals
Walmart said the agreement aims to support e-commerce upstream inventory management, increase storage capacity and improve how products move through its supply chain. The retailer said these capabilities will help it offer customers a broader assortment, improve speed and provide more reliable replenishment.
