walmart

Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in 1962 and incorporated on October 31, 1969.

Source: corporate.walmart.com

High-End Retailers May Be Pinched as High Earners Grapple With Card Debt
High-End Retailers May Be Pinched as High Earners Grapple With Card Debt
May 24, 2023  |  Consumer Insights

The latest data from PYMNTS on paycheck-to-paycheck living shows that high earners feel the pinch of credit card debt and wages that aren’t keeping up...

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Walmart Enters Pet Telehealth Space With Pawp Deal
Walmart Enters Pet Telehealth Space With Pawp Deal
May 23, 2023  |  Retail

Walmart is the latest player in the up-and-coming pet telehealth sector. The company has agreed to provide Walmart+ members a free year’s subscription to veterinary telehealth platform Pawp, according...

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Walmart Opens Second Automated Market Fulfillment Center
Walmart Opens Second Automated Market Fulfillment Center
May 22, 2023  |  Walmart

Walmart has opened its second Market Fulfillment Center (MFC) powered by a proprietary storage and retrieval system. The new MFC opened in Bentonville, Arkansas, on Monday (May 22)...

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High-Income Consumers Reduce Their Nice-to-Haves as the Economy Slows
High-Income Consumers Reduce Their Nice-to-Haves as the Economy Slows
May 21, 2023  |  Consumer Insights

Affluent paycheck-to-paycheck earners curb, but don’t completely cut, spending across categories when faced with budget concerns.  As consumers across demographics continue to stretch budgets to...

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Walmart Gains eCommerce Edge Over Amazon in India
Walmart Gains eCommerce Edge Over Amazon in India
May 21, 2023  |  Walmart

Walmart has won a rare eCommerce victory over Amazon thanks to its Indian business. As the Financial Times (FT) reported Saturday (May 20), Walmart’s $16 billion purchase of majority...

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Walmart Expands Alcohol Delivery as Spirits Sector Toasts a Summer of Home Mixology
Walmart Expands Alcohol Delivery as Spirits Sector Toasts a Summer of Home Mixology
May 20, 2023  |  Retail

Come on party people, throw your hands in the air. It’s bottoms up on alcohol delivery for the summer 2023 season, and some big names...

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Walmart and Target Earnings Offer Up a Tale of Two eCommerce Platforms 
Walmart and Target Earnings Offer Up a Tale of Two eCommerce Platforms 
May 19, 2023  |  Retail

At first glance, the numbers are startling in their contrast. In their latest earnings reports, Walmart posted comparable eCommerce sales gains of 27% in its most...

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Retail Crime Epidemic Sparks Store Closures Including Target, REI and Walmart
Retail Crime Epidemic Sparks Store Closures Including Target, REI and Walmart
May 18, 2023  |  Retail

Target has reported a disturbing surge in retail crime, which is anticipated to cause an estimated $500 million more in losses and stolen merchandise this...

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Walmart: Grocery Sales Grow Double Digits as Consumers Embrace Private-Label Brands
Walmart: Grocery Sales Grow Double Digits as Consumers Embrace Private-Label Brands
May 18, 2023  |  Earnings

For Walmart, fiscal first-quarter earnings got a lift as consumers flocked to the commerce giant to stock the fridge — and pivoted to less-expensive, private-label goods. The retailer said in...

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