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Walmart CFO announces plans for fulfillment centers

March 19, 2013

During a presentation at last week's Bank of America Merrill Lynch Consumer and Retail Conference, Walmart's CFO Charles Holley said developing a "next generation fulfillment network" is a global priority for the retail giant.

Holley also said the company plans to invest in a global e-commerce platform that will provide the retailer with common digital technology in multiple countries, according to RIS News.

"We are still in pilot phases of our same day delivery for Walmart U.S. but we know we have a very important advantage in our brand and promise," said Holley. "Along with the 4,000 stores that are within a very short distance of a large part of the population, we are also going to be using dedicated fulfillment centers. We will continue to invest not only in how the customer wants to shop but how they want to receive merchandise."

Work on the fulfillment center will begin in the U.S., the article reported.

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