The facility is intended to support the company’s growing supply chain and e-commerce business, which saw its sales increase by 8% in the third quarter of the fiscal year 2022 (FY22).
It will cover more than one million square feet and is scheduled to open this spring.
Walmart US supply chain operations senior vice-president Steve Miller said: “Walmart is proud to welcome its newest fulfilment centre to the city of Olive Branch as we continue to grow our national supply chain network and e-commerce capabilities in the mid-South.
“The new facility will store millions of items from Walmart’s everyday low-priced merchandise, which will be ready to be shipped directly to customers with the great speed that they expect.”
The facility will generate almost 250 full-time permanent jobs across the region.
It is currently hiring for various full-time positions, including general manager, assistant general manager, maintenance manager and transportation manager.
Mississippi Governor Tate Reeves said: “This significant investment by Walmart – in both a new fulfilment centre and in DeSoto County’s workforce – is important to the overall economy of the region and the entire state.
“Hundreds of new employees at the Olive Branch fulfilment centre will strengthen the local tax base, building stronger communities throughout the region that will benefit generations of Mississippians to come.”
Walmart operates a network of three distribution centres and 86 retail stores in Mississippi, employing more than 25,000 people in total.
Earlier this month, the retailer announced plans to enlarge its InHome delivery service in the US, making the service accessible to 30 million households by the end of this year.
Six million US households currently make use of the InHome service.