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 Pays $1.4 Billion For Tiger Global’s Flipkart Stake
Walmart Pays $1.4 Billion For Tiger Global’s Flipkart Stake
July 31, 2023  |  Walmart

Walmart has reportedly paid $1.4 billion for a larger stake in Indian eCommerce firm Flipkart. The retailer made that purchase in recent days from investment...

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What’s in a Name? Overstock CEO’s $21.5M Bet on the Power of an Iconic Brand to Grow Sales
What’s in a Name? Overstock CEO’s $21.5M Bet on the Power of an Iconic Brand...
July 31, 2023  |  Retail

In March 2023, Arthur Stark, the former president of Bed Bath & Beyond (BBBY), discussed the company’s revival of its coupon strategy called the “big blue” approach....

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Walmart Expects Fully Automated Warehouse to Double Its Capacity
Walmart Expects Fully Automated Warehouse to Double Its Capacity
July 28, 2023  |  Walmart

At the facility that is becoming Walmart’s first warehouse to handle most products with automation, workers are getting a view of how their jobs will change....

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Consumers Looking for Bargains Shopped Amazon Over Walmart in Summer Deal Days
Consumers Looking for Bargains Shopped Amazon Over Walmart in Summer Deal Days
July 28, 2023  |  Retail

Amazon Prime Days and Walmart+ Week showed high participation this year. Consumers engaged more when they saw better bargains during the world’s top two retailers’...

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eBay Says Q2 Results Exceeded Expectations Amid ‘Tech-Led Reimagination’
eBay Says Q2 Results Exceeded Expectations Amid ‘Tech-Led Reimagination’
July 26, 2023  |  Earnings

eBay said its second quarter results exceeded expectations on key metrics as it continues its “tech-led reimagination.” The marketplace’s gross merchandise value (GMV), revenue and earnings...

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Walmart Counters Amazon’s Travel Offering With Expedia Partnership
Walmart Counters Amazon’s Travel Offering With Expedia Partnership
July 26, 2023  |  Retail

Walmart is working with Expedia to offer Walmart+ members deals on travel. The partnership, announced Tuesday (July 25), lets members book trips via the WalmartPlusTravel website and get discounts on...

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Walmart’s Digital Blind Spot Helped Amazon Win Summer Sales Standoff
Walmart’s Digital Blind Spot Helped Amazon Win Summer Sales Standoff
July 25, 2023  |  Retail

Summer deals got financially fraught consumers to shop both Amazon Prime Day and Walmart+ Week in mid-July. But according to PYMNTS data, twice as many...

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Walmart+ Week Shoppers Went for Groceries; Amazon Prime Members Went for Everything Else
Walmart+ Week Shoppers Went for Groceries; Amazon Prime Members Went for Everything Else
July 24, 2023  |  Retail

What happens when you throw a party and nobody comes? Certainly, it can be a disappointing and disheartening experience — yet still it presents an...

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Grocers Struggle to Compete With Mega-Retailers Amid Inflation
Grocers Struggle to Compete With Mega-Retailers Amid Inflation
July 21, 2023  |  Retail

As food inflation continues indefinitely, grocery shoppers continue to seek savings, abandoning previous favorite brands and retailers in favor of the best deals. Amid these...

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