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

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.

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

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

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

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

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.

Big retailers rushed to build up inventories last year amid soaring consumer demand and transportation bottlenecks — going so far in some cases as to rent their own cargo ships. Now, they’re trying to figure out how to sell all their stuff.

Walmart soon will expand its drone delivery program across six states: Florida, Arizona, Arkansas, Texas, Utah and Virginia. Drone hubs will be set up at 34 sites by the end of the year.

NEW YORK — Walmart reported stronger sales for the first quarter, but its profit took a beating as the nation’s largest retailer grappled with surging inflation on food and fuel and higher costs from a snarled global supply chain.