Walmart, looking to expand its logistics capabilities, recently submitted plans to city planners in Bentonville, Ark., for a 1.27 million-sq.-ft. distribution center, Talk Business & Politics-Northwest Arkansas Business Journal reported. A Walmart spokeswoman confirmed the company’s plans to build the facility in southwest Bentonville, the report said. (Talk Business & Politics)
Walmart has formed Store No. 8, a technology incubator that will be based in the Silicon Valley and is named after an early Walmart store that company founder Sam Walton used to try out new strategies.