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

Walmart Acknowledges to Investors SNAP Cuts Affecting Bottom Line
Walmart Acknowledges to Investors SNAP Cuts Affecting Bottom Line
April 14, 2023  |  Retail

While SNAP subsidy cuts will impact its bottom line, Walmart expects much of the revenue loss to return through other tender types. Among the investor...

READ MORE >
Express and WHP Global Buy Bonobos From Walmart
Express and WHP Global Buy Bonobos From Walmart
April 14, 2023  |  Retail

Express (EXPR) and WHP Global have acquired Bonobos from Walmart for a combined $75 million. Brand management firm WHP Global will buy the Bonobos brand...

READ MORE >
Walmart Closes 4 Chicago Stores After Years of Losses
Walmart Closes 4 Chicago Stores After Years of Losses
April 12, 2023  |  Retail

Walmart has shuttered half its Chicago stores while facing heavy competition for grocery customers. The move, announced Tuesday (April 11), brings the number of Walmart...

READ MORE >
Curbside-Only eGrocer Promises Last-Minute Flexibility for Convenience Seekers
Curbside-Only eGrocer Promises Last-Minute Flexibility for Convenience Seekers
April 10, 2023  |  Retail

As retailers seek ways to make eGrocery profitable, curbside-only stores are emerging. In an interview with PYMNTS, Alex Ruhter, co-founder and CEO of curbside grocer...

READ MORE >
Amazon Ups Its Share of Health and Personal Care Spend to 6.1% in Q4 2022
Amazon Ups Its Share of Health and Personal Care Spend to 6.1% in Q4 2022
April 10, 2023  |  Retail

Amazon is closing in on one of Walmart’s traditional areas of dominance — consumer spending on personal health items — as the two titans continue their...

READ MORE >
Walmart Suit Seeks to End Capital One Card Relationship
Walmart Suit Seeks to End Capital One Card Relationship
April 09, 2023  |  Walmart

Walmart has reportedly sued Capital One to end a 4-year-old credit card partnership. According to published reports Friday (April 7), the retail giant accuses the...

READ MORE >
Retail Drone Delivery At Scale Needs More Runway, But Datasets Can Shorten It
Retail Drone Delivery At Scale Needs More Runway, But Datasets Can Shorten It
April 07, 2023  |  Retail

As robotics and drones get added to the tech roadmaps of retailers of every stripe, the fact remains: it’s hard creating commercial robots and autonomous...

READ MORE >
Walmart Hopes Amazon-Like Website Will Boost Subscribers and Revenue
Walmart Hopes Amazon-Like Website Will Boost Subscribers and Revenue
April 07, 2023  |  Retail

It is an understatement to say that Amazon and Walmart have a strong presence in the U.S. retail shopping space; the two giants dominate the...

READ MORE >
Walmart Adds Juice to EV Fast Charging Network
Walmart Adds Juice to EV Fast Charging Network
April 06, 2023  |  Walmart

Walmart is expanding its electric vehicle charging capabilities in a bid to promote EV ownership. “By 2030, we intend to build our own EV fast-charging...

READ MORE >