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, 2019walmart News Updates
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, 2019Target, 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, 2019Walmart 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, 2019Walmart Fights $54 Million Lawsuit Verdict Awarding Drivers Sleeper Berth Pay
A three-member panel of the Ninth U.S. Circuit Court of Appeals heard oral arguments Aug. 6 in an appeal by Walmart Transportation of a $54 million jury damage award in 2016.
August 8, 2019Walmart Shuffles Leadership Team for Store-Digital Integration
Walmart Inc. still is trying to get its structure just how it wants it. The retail giant announced its second internal restructuring in as many months as it tries to better integrate its money-losing online business in the United States with its physical stores.
July 19, 2019Walmart Hunts for New Online Revenue Chief as Losses Mount
Walmart Inc. has a hole to fill at its online unit, and whoever assumes the role faces a big challenge ahead. The company is searching for a new chief revenue officer for its U.S. e-commerce business, who would work under online leader Marc Lore to help map out its battle plan against Amazon.com, Target Corp. and other rivals.
July 12, 2019Walmart Got a $10 Billion Surprise After Buying Flipkart
When Walmart Inc. paid $16 billion for control of India’s e-commerce pioneer Flipkart Online Services Pvt. last year, the American retail giant got a little-noticed digital payments subsidiary as part of the deal.
July 10, 2019Walmart Targets Automated ‘Middle-Mile’ Delivery to Cut Shipping Costs
Walmart Inc. came to dominate retailing through its mastery of logistics. But even the world’s biggest store doesn’t make money selling its wares online in the United States, largely due to runaway shipping costs. So the retailer is turning to robots.
June 19, 2019Walmart’s New Pricing Tool Allows Suppliers to Factor in Cost of Tariffs
Walmart Inc. has updated the information network used daily by its suppliers to let them submit cost increases that are directly attributable to higher U.S. tariffs on Chinese goods.
June 12, 2019Trending
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