walmart News Updates

Business, Private

Walmart Tops Q2 Expectations as Americans Continue Spending

NEW YORK — Walmart reported better-than-expected second-quarter results as more Americans looked to cut costs on groceries at the nation’s largest retailer in the face of surging inflation.

August 16, 2022
Business, Private

Walmart Cuts 200 Corporate Jobs as Costs, Inventory Sap Profit

Walmart Inc. is eliminating about 200 corporate jobs as it contends with rising costs, bloated inventories and weakening demand for general merchandise.

August 3, 2022
Business

Walmart Hawks Refurbished Goods to Inflation-Squeezed Shoppers

Walmart Inc. has a new sales pitch for consumers contending with soaring prices: Buy used goods.

July 29, 2022
Business, Private

Walmart Cuts Full-Year Profit Outlook

Walmart Inc. cut its annual profit outlook for the second time this year, citing the need to lower prices to clear out bloated inventories.

July 25, 2022
Business, Technology, Equipment, Private, Top 100

Walmart Canada Adds 60-Foot Multizone Refrigerated Trailer

Walmart Canada has expanded its fleet to include for the first time in North America a 60-foot multitemperature-zone refrigerated trailer, built by Utility Trailer Manufacturing Co.

July 25, 2022
Business, Fuel

Can You Canoo? Terms of Deal Say Walmart Can, Amazon Can’t

Walmart Inc.’s deal backing an electric vehicle startup has some strings, including a provision preventing sales to rival Amazon.

July 13, 2022
Business, Technology, Fuel, Autonomous

Walmart Orders 4,500 Canoo Electric Vans

Canoo Inc. shares doubled in value after the struggling electric vehicle startup won an order for 4,500 vans from Walmart Inc.

July 12, 2022
Business, Logistics, Private, TCA

Walmart Expands Program That Delivers Right to Your Fridge

Walmart can now drop off groceries right into customers’ refrigerators via its InϳԹ delivery service in several large metropolitan areas, the retailer announced July 6.

July 7, 2022
Business, Logistics, Private

Walmart Announces New Charges for Suppliers

Walmart Inc. is hitting some suppliers with two new charges as it struggles to soften the blow of surging transportation costs.

July 6, 2022
Business, Equipment, Private

Walmart to Add Four E-Commerce Warehouses to Speed Deliveries

Walmart Inc. announced plans to build what it said would be a “high-tech” fulfillment center in Joliet, Ill., which is 45 miles southwest of Chicago.

June 3, 2022