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 to Close Health Centers, Telehealth Offering Amid ‘Lack of Profitability’
Walmart to Close Health Centers, Telehealth Offering Amid ‘Lack of Profitability’
April 30, 2024  |  Walmart

Walmart is shutting down its health centers and telehealth offering, saying there is not a sustainable business model for these operations to continue. The company will...

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Walmart Debuts ‘bettergoods’ in Massive Private Label Expansion
Walmart Debuts ‘bettergoods’ in Massive Private Label Expansion
April 30, 2024  |  Retail

Walmart is expanding its private-label offerings with the debut of “chef-inspired” food brand bettergoods. Announced Tuesday (April 30), bettergoods represents Walmart’s largest private-brand food rollout in two decades,...

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Walmart Grows Omnichannel Capabilities for Shoppers ‘Seeking Convenience’
Walmart Grows Omnichannel Capabilities for Shoppers ‘Seeking Convenience’
April 26, 2024  |  Retail

Walmart has been expanding its omnichannel capabilities across its three segments: Walmart U.S., Walmart International and Sam’s Club. The company’s people and technology are dedicated...

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This Week in AI: Beyond LLMs, AI Forklifts, Weather Forecasting
This Week in AI: Beyond LLMs, AI Forklifts, Weather Forecasting
April 26, 2024  |  artificial intelligence

This week in artificial intelligence (AI) news, as large language models (LLMs) near technical limits, the focus shifts to retrieval-augmented generation (RAG), which combines information...

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Amazon Announces Prime Day’s Return as Shoppers Flock to Seasonal Deals
Amazon Announces Prime Day’s Return as Shoppers Flock to Seasonal Deals
April 26, 2024  |  Retail

With consumer spending increasingly motivated by deals and seasonality, Amazon is gearing up for its tenth-ever Prime Day savings event, as Doug Herrington, CEO of...

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Robo-Forklifts Rev Up Walmart’s Warehouses
Robo-Forklifts Rev Up Walmart’s Warehouses
April 25, 2024  |  Walmart

In Walmart’s sprawling distribution centers, a quiet change is underway. The retail behemoth is preparing to deploy a fleet of 19 autonomous electric forklifts across four of its facilities, marking a...

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Walmart Gives Online Shoppers VIP Treatment to Compete With Amazon
Walmart Gives Online Shoppers VIP Treatment to Compete With Amazon
April 25, 2024  |  Retail

As Walmart looks to speed its digital transformation in an effort to shrink the eCommerce gap between itself and rival Amazon, the retailer is giving digital shoppers...

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Shoppers Demand More Experiential Brick-and-Mortar Stores
Shoppers Demand More Experiential Brick-and-Mortar Stores
April 25, 2024  |  Retail

With eCommerce often proving the most convenient option for the practical elements of shopping, consumers are demanding brick-and-mortar retailers provide them with an experience they...

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Walmart Investors Expect Stiffer Competition in Grocery Sector From Amazon
Walmart Investors Expect Stiffer Competition in Grocery Sector From Amazon
April 24, 2024  |  Retail

Investors reportedly expect increased competition in the grocery sector after Amazon’s announcement Tuesday (April 23) of a new grocery delivery subscription benefit. Walmart and Kroger shares declined 1.8% and...

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