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Walmart Unveils 2017-2018 Investment Plans For Florida

May 23, 2017: 12:00 AM EST
Wal-Mart Stores announced its investment plans in Florida for the fiscal year running from February 1, 2017, to January 31, 2018. Expected to have an economic impact of more than $450 million for the state, the plan includes opening nine new stores, creating more than 800 new jobs across the state, and implement a multi-million-dollar capital investment plan that would upgrade more than 40 stores. Also, the retailer plans to announce the opening of its 150-acre eCommerce Distribution Center facility in Davenport. Following its recent hiring of more than 550 associates, the company plans to hire at least 1,000 more workers in the next year. Walmart also confirmed plans to build a distribution center for perishable goods in the city of Cocoa.
"Walmart Announces $450 Million in 2017-2018 Investments Throughout Florida, Plans to Hire More Than 2,750 Floridians", Business Wire, May 23, 2017, © Business Wire, Inc.
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