Walmart hiring 20,000 to ease supply chain shortage
Walmart will be holding hiring events next week in all of its supply chain locations
Fox Business Flash top headlines for September 1
Check out what's clicking on FoxBusiness.com.
Walmart is looking to significantly boost its U.S. workforce by about 20,000 workers to ease supply chain woes.
The new roles will be spread out across more than 250 Walmart and Sam’s Club distribution centers, fulfillment centers and transportation offices, the Arkansas-based retailer announced Tuesday.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| WMT | WALMART INC. | 92.50 | +0.62 | +0.67% |
Full- and part-time roles will include order fillers, freight handlers, lift drivers, technicians and management positions.
To attract workers, the company is holding hiring events from Sept. 8-9 in all its supply chain locations. It is also promising "competitive pay" for supply chain associates with the average wage sitting at about $20.37 per hour.
CLICK HERE TO READ MORE ON FOX BUSINESS
May 25, 2018 Bakersfield / CA / USA - Walmart truck driving on the interstate on a cloudy day (iStock / iStock)
Walmart executives said that "having a robust supply chain is more important than ever" to support the company's continued growth. The company cited its second-quarter earnings report wherein it raised its sales outlook for the year after another strong quarter.
"Our global eCommerce sales are on track to reach $75 billion by the end of the year, further strengthening our position as a leader in omnichannel," Walmart CEO Doug McMillon said in the company's earnings report.
McMillion said the company grew market share in U.S. grocery, added thousands of new sellers to its marketplace while also growing its advertising businesses around the world.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
Despite its success, though, the retailer is still facing rising costs for everything from labor to shipping as supply chain back-ups hit companies worldwide.
Brett Biggs, Walmart’s chief financial officer, said earlier this month that the company is monitoring transit and port delays. The company is also chartering vessels for Walmart goods as it heads into the fall and holiday shipping crunch, Biggs said.
"For our supply chain to continue expanding, innovating and improving our customer service, we need a strong, dynamic team leading it," executives said Tuesday.
The Associated Press contributed to this report.