walmart News Updates

Business

Walmart Shuffles Leadership as Nervous Investors Await Results

Walmart Inc.’s new U.S. chief wasted no time putting his stamp on the unit, appointing his former top lieutenant as second in command and parting ways with the retailer’s head of merchandising.

January 17, 2020
Business, Technology, Autonomous, Top 100

Walmart Recruits Robots in Online Grocery Battle With Amazon

Walmart has unveiled the Alphabot, an automated, 20,000-square-foot warehouse that could make its grocery pickup service faster and more efficient.

January 8, 2020
Government, Business, Top 100

Ruling That Awarded Walmart Drivers $54 Million Stands, Appeals Court Says

A three-judge panel of the 9th U.S. Circuit Court of Appeals has affirmed a district court’s judgment that Walmart pay a court-certified class of its California truck drivers more than $54 million in back pay for layovers, rest breaks and pre-trip and post-trip inspections.

January 7, 2020
Business, Technology, Safety, Logistics, Perspective

Perspective: Blockchain Useful in the Food Supply Chain

Blockchain technology is capable of providing end-to-end transparency about where food originated and traveled, which can help reduce the risk of foodborne illness and the cost of produce contamination.

November 19, 2019
Business, Technology

Walmart Boosts Outlook After Beating Estimates

Walmart Inc. is approaching the crucial holiday season on a high note, posting solid third-quarter sales and raising its full-year outlook again, showcasing its resilience in the face of Amazon.com’s advances. Shares rose.

November 14, 2019
Government, Business, Technology, Safety

Walmart, Tesla Settle Lawsuit Over Fiery Solar Panels

NEW YORK — Walmart and Tesla have settled a lawsuit filed by the retail giant alleging that Tesla installed rooftop solar panels that caught fire.

November 6, 2019
Business, Technology, Logistics

Walmart Subsidizing Some Vendors in Price War With Amazon

Hold on to your smartphone — the holiday price wars between Walmart Inc. and Amazon.com Inc. are heating up.

October 15, 2019
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