walmart News Updates

Business

Walmart’s Vaunted Turnaround Artist, Greg Foran, Leaves for Air New Zealand

Walmart U.S. CEO Greg Foran, the architect of the revival of Walmart Inc.’s U.S. stores, is departing to run an airline in his native New Zealand, leaving a big hole at the world’s biggest retailer on the cusp of the holiday season.

October 10, 2019
Business, Logistics

Supply Chain Hall of Fame to Open in Arkansas Next Year

The Council of Supply Chain Management Professionals will build its new Supply Chain Hall of Fame in Rogers, Ark., the organization’s board of directors said.

September 27, 2019
Business, Technology, Logistics

Walmart Receives Outside Interest in JetBlack Unit

Walmart Inc. is weighing the future of JetBlack, a pet project of its online chief that was the first business to emerge from its internal incubation arm.

September 26, 2019
Business, Technology

Amazon Heeds Calls for Environmental Action

Amazon.com contributed more greenhouse gas emissions last year than some big competitors in retail, logistics and technology, but less than rival Walmart Inc. and the world’s biggest energy companies, highlighting the growing scale and diverse businesses of the conglomerate.

September 20, 2019
Business, Technology

New Walmart Credit Card Looks to Boost E-Commerce

In a sign of how much Walmart Inc. is betting on e-commerce, the retailer’s revamped credit-card program with Capital One Financial Corp. offers better rewards for online shopping and checking out with its mobile app.

September 18, 2019
Business, Logistics

Walmart Rolls Out Grocery Delivery Subscription

NEW YORK — Walmart is rolling out a grocery delivery subscription service this fall as it races to gain an advantage in the competitive fresh food business.

September 12, 2019
Business, Logistics

Walmart Testing a Fulfillment Service for Vendors to Match Amazon

Walmart Inc., looking to generate more profit from its online unit, wants to start storing and shipping products for third-party vendors for the first time, just as rival Amazon.com Inc. has done for years.

September 12, 2019
Business, Technology, Safety

Walmart, Tesla Pause in Legal Fight Over Fiery Solar Panels

NEW YORK — Walmart said Aug. 23 that it is working on a resolution with Tesla after the retail giant sued the electric car company’s energy division for installing rooftop solar panels that caught fire.

August 23, 2019
Business, Logistics

Target, Like Walmart, Proves Main Engine of Economy Is Humming

Recession fears may be mounting in certain parts of the U.S. economy, but Walmart Inc. and Target Corp. are signaling that the all-important American consumer is doing just fine.

August 21, 2019
Business

Walmart Delivers in Second Quarter

NEW YORK — Walmart raised its annual outlook after a strong second quarter for the world’s largest retailer, thanks in part to strong online grocery deliveries.

August 15, 2019