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Walmart to open five automated distribution centers

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Walmart is planning to open five automated distribution centers nationwide.

The roughly 700,000-square-foot facilities automate the storage and retrieval of perishable items.

The company has automated distribution centers in Shafter, California, and Lancaster, Texas. The three others are planned in Wellford, South Carolina; Belvidere, Illinois; and Pilesgrove, New Jersey.

Read more from CNBC.

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