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Daily QuickWit (12/7) – Top Retail News of the Day

It’s Tuesday, and it’s time to round up the top stories we are talking about at RetailWit HQ…

Walmart adds high-tech fulfillment center

Earlier this year we heard Walmart talk about adding additional supply chain capacity; today they announced a 925,000 square-foot automated fulfillment center in Lebanon, Tennessee. The facility will store millions of items to be shipped directly to customers as soon as next-day. The new fulfillment center will be manned by a unique combination of associates, AI-software and automated robots that work together to ship orders to customers even faster – as the fleet of automated robots to navigate a compact storage system to retrieve products and bring them to associates for packing and shipping.  

Publix is expanding their presence in Kentucky

After announcing their first store in Kentucky in September, Publix is making a move to open a second store in the Bluegrass state. While neither store is set to open until late 2023 / early 2024, it is interesting to see that Publix chose Louisville for the first stores. Kroger is making some headway in Florida, and Publix is pushing into northern Kentucky – a mere 100 miles from Kroger HQ. I am sure it’s just a coincidence.

Jet founder to open the “Netflix of Cooked Meals”

“It’s really a one-stop shop for all cooked food, and we think there’s a real chance to have a winner-take-all in this market. … You don’t really need another app.” Strong words from Marc Lore as he looks to push Wonder, an on-demand food truck, and Envoy, a meal courier. All we can say here is to get ready for another disruption in the meal delivery world.

Really interesting to see these two join forces, as they both find themselves looking up at their competition. “This is a natural combination of two like-minded, challenger brands with outstanding growth opportunities,” Jack in the Box CEO Darin Harris said in a statement. “Together, Jack in the Box and Del Taco will benefit from a stronger financial model, gaining greater scale to invest in digital and technology capabilities and unit growth for both brands.” Couldn’t have said it better ourselves, looking forward to see what happens in 2022.

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