Walmart enters automation agreement

News Story
- 23 Jan 2025 ( #1214 ) - Wilmington, MA, United States
1 min read
Symbotic CEO Rick Cohen
Symbotic CEO Rick Cohen

Walmart has engaged supply chain AI-enabled robotics technology developer Symbotic to “develop, build and deploy” an automated system for the American retail chain's accelerated pickup and delivery centres (APDs).

Under the deal, Symbotic will acquire Walmart’s Advanced Systems and Robotics business for USD200 million.

If performance criteria are met, Symbotic will receive USD520 for the automated system it develops with Walmart committing to deploying it at 400 APD centres over a multi-year period. Walmart also has an option to add additional APDs in coming years.

Symbotic chairman and CEO Rick Cohen says of the agreement: “This is a highly strategic transaction for Symbotic as we expand upon our long-term relationship with Walmart”.

“Symbotic has played a critical role in enabling Walmart to automate its vast supply chain since 2017 and is currently deploying its software and robotics platform across all 42 of Walmart’s regional distribution centres in the US,” Cohen adds.

Walmart’s store-fulfilled deliveries increased almost 50% year-on-year for Q3, surpassing a USD2.5 billion monthly run rate.

The deal is expected to be finalised in Q1 2025.

Dematic automates Turkish distribution centre
Dematic automates Turkish distribution centre 1 May 2025 - Istanbul, Turkey - 1 min read
Don't be tempted to trust AI for regulation advice
Don't be tempted to trust AI for regulation advice 10 Apr 2025 - Newbury, Berkshire, United Kingdom - 1 min read
LogiMAT 2025 and automation
LogiMAT 2025 and automation 3 Apr 2025 - Stuttgart, Germany - 4 min read
Previously about:
Briefs News Story - 21 Nov 2024 - 2 min read
Walmart plans $200 million spend on forklifts, report News Story - 1 Aug 2024 - New York, NY, United States - 1 min read
Swisslog to fit out third Walmart milk processing plant News Story - 25 Apr 2024 - Robinson, TX, United States - 1 min read
Walmart to deploy 19 autonomous forklifts News Story - 18 Apr 2024 - Brooksville, FL, United States - 1 min read
Do you have materials handling news? Submit your news here
Inside The News
There is simply no ignoring the push for a greener, more sustainable materials handling equipment industry as manufacturers and customers alike seek eco-friendly solutions to reduce or eliminate carbon emissions... Continue reading

Showcased in the Virtual Expo

Use your high-impact banner on our high-traffic technical forum pages to promote your products, services, or career opportunities directly to forklift technicians and engineers.

Starting at just $396 (USD) for 100,000 impressions.

Since our launch in February 2005, Forkliftaction has been home to the leading global discussion forum for forklift technicians, attracting 98,000 visits every week.

Spaces are limited—contact us today!

Words of support …

I know I can count on them. They give valuable suggestions on the campaign planning, and to publish content is as easy as abc, as they take care of the material layout and check links. This is a great support.

Annalisa Castellini, Marketing Manager - Bolzoni S.p.A.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Use your high-impact banner on our high-traffic technical forum pages to promote your products, services, or career opportunities directly to forklift technicians and engineers.

Starting at just $396 (USD) for 100,000 impressions.

Since our launch in February 2005, Forkliftaction has been home to the leading global discussion forum for forklift technicians, attracting 98,000 visits every week.

Spaces are limited—contact us today!

PREMIUM business

RAEDER-VOGEL
Innovative high-quality wheels and castors for the forklift industry.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Inside The News
There is simply no ignoring the push for a greener, more sustainable materials handling equipment industry as manufacturers and customers alike seek eco-friendly solutions to reduce or eliminate carbon emissions... Continue reading

PREMIUM business

Flexi® By Narrow Aisle Limited
Leading manufacturers of very narrow aisle (VNA) equipment.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Use your high-impact banner on our high-traffic technical forum pages to promote your products, services, or career opportunities directly to forklift technicians and engineers.

Starting at just $396 (USD) for 100,000 impressions.

Since our launch in February 2005, Forkliftaction has been home to the leading global discussion forum for forklift technicians, attracting 98,000 visits every week.

Spaces are limited—contact us today!