walmart News Updates

BusinessLogistics

Walmart to Launch Delivery Service for Other Businesses

NEW YORK — Walmart said Aug. 24 it will start farming out its delivery service, using contract workers, autonomous vehicles and other means to transport rival retailers’ products directly to their customers’ homes in as little as a few hours.

August 24, 2021
BusinessLogisticsTop 100

Walmart’s Slowing E-Commerce, Margin Weigh in Q2

Walmart Inc.’s pandemic-driven gains in e-commerce slowed last quarter and profit margin fell, raising questions about the retailer’s ability to maintain momentum even after it topped Wall Street’s sales expectations.

August 17, 2021
BusinessTechnologyLogisticsTCA

Walmart, Target Unveil Own Versions of Amazon Prime Day

Not to be outdone, Walmart and Target have announced they will hold big sales that will compete with Amazon Prime Day.

June 8, 2021
Business

Walmart Raises Forecast on Desire to ‘Get Out and Shop’

Walmart Inc. posted strong quarterly sales growth and boosted its profit outlook, an impressive feat as the retailer faced a difficult comparison with last year’s pandemic-fueled stockpiling. The shares rose in premarket trading.

May 18, 2021
BusinessTechnologyLogisticsTop 100

Amazon to Pass Walmart in Retail Sales in 2025, Report Says

Amazon.com Inc. will supplant Walmart Inc. as the biggest U.S. retailer by 2025, according to a new report, suggesting the e-commerce giant has too much momentum for Walmart to stop despite big investments in its own e-commerce offerings.

April 27, 2021
BusinessTechnologyAutonomous

Walmart Invests in Cruise, the GM-Backed Autonomous-Car Startup

Walmart is taking an undisclosed stake in Cruise, the autonomous-vehicle technology company that’s majority-owned by General Motors Co.

April 16, 2021
Business

To Retain Workers, Walmart Moves More of Them Full Time

NEW YORK — Walmart is moving more of its workers full time, with the goal of having two-thirds of its U.S. store hourly jobs be full time with more consistent work schedules by early next year.

April 14, 2021
BusinessTechnologyTop 100

Walmart Opens E-Commerce Marketplace to Non-US Vendors

Walmart Inc. has removed rules requiring sellers on its marketplace website to be registered in the U.S. — an attempt to close the e-commerce gap with Amazon .com Inc. and tap into China’s vast network of manufacturers.

March 19, 2021
Business

Walmart to Spend on US Products, Create 750,000 Jobs

Walmart Inc. pledged to support American manufacturers by spending an additional $350 billion on items made, grown or assembled in the U.S. over the next 10 years.

March 3, 2021
BusinessTechnologyEquipmentLogisticsAutonomous

Walmart to Build More Robot-Filled Warehouses at Stores

NEW YORK — Walmart is enlisting the help of robots to keep up with a surge in online orders.

January 27, 2021