by - August 18, 2020 9:31 am
Walmart’s second-quarter net income blew past analyst expectations with results fueled by a 97% increase in e-commerce sales and U.S. comp sales growth of 9.3%. Walmart’s adjusted earnings per share…
by - March 12, 2020 1:55 pm
Walmart said it is taking preventative measures to keep its 4,600 stores clean and free from the coronavirus, despite at least one worker in Kentucky that has been diagnosed with…
by - February 19, 2020 5:28 pm
Walmart continues to draw Wall Street support, despite the slight earnings miss in the retailer’s fourth-quarter reported Tuesday (Feb. 17). Some analysts polled by Talk Business & Politics believe Walmart…
by - January 23, 2020 1:59 pm
Merchants, also known as buyers, are at the core of Walmart’s retail operation. Sam Walton was a merchant at heart, as are president and CEO Doug McMillon and Walmart U.S….
by - January 1, 2020 12:27 pm
Walmart was a Dow Jones Industrial Average (DJIA) leader this year with shares rising more than 27% in 2019 despite market volatility around trade concerns. Walmart shares (NYSE: WMT) opened…
by - December 10, 2019 11:09 am
Walmart has partnered with robotics startup Nuro to test autonomous grocery delivery in Houston. The service uses R2, Nuro’s custom-built delivery vehicle that carried only products with no onboard driver…
by - November 26, 2019 3:39 pm
Walmart stores across the country are busy this week setting the stage for the biggest shopping days of the year and it’s all hands on deck, according to Stephen Carter,…
by - November 12, 2019 4:24 pm
All eyes will be on Walmart early Thursday (Nov. 14) as the retail giant reports third-quarter earnings and highlights expectations for the holiday season and coming year. Walmart watchers expect…
by - October 15, 2019 5:35 pm
Walmart officially began delivering groceries to the inside of customers’ homes and refrigerators this week in Kansas City, Pittsburgh and Vero Beach, Fla., with the potential to serve more than…
by - September 3, 2019 2:38 pm
Walmart officials said the retail giant is bracing for the effects of Hurricane Dorian as the storm threatens the southeastern U.S. The powerful storm remained off the eastern coast of…
by - August 20, 2019 3:37 pm
Walmart delivered a strong one-two punch in the second quarter, according to retail analyst Walter Loeb, who said the strength of digital sales combined with quick delivery boosted sales and…
by - August 12, 2019 7:06 pm
Walmart has been one of the darlings of Wall Street in recent months, often viewed as a safety net or defensive play because of the high dividend and sound balance…
by - August 7, 2019 8:58 am
Walmart has been the center of attention this past week and not in a good way as two stores were sites of fatal shootings which left two employees dead in…
by - July 9, 2019 4:32 pm
Walmart often is seen as losing out to Amazon, especially in terms of share price and broad subscriber base. But there’s one metric where Walmart still commands a large lead…
by - June 26, 2019 7:36 pm
Roughly 40 high school students from Northwest Arkansas took part in Walmart’s first career exploration event for STEM-related professions on Wednesday (June 26) at the retailer’s home office in Bentonville….
by - June 20, 2019 3:28 pm
The U.S. Securities and Exchange Commission (SEC) charged Walmart with violations of the Foreign Corrupt Practices Act (FCPA) on Thursday (June 20) for failing to operate sufficient anti-corruption programs for…
by - June 18, 2019 6:43 pm
Walmart filed a Workers Adjustment and Retraining Notification (WARN) with the state of North Carolina detailing the elimination of 569 finance and accounting jobs located in Charlotte. The WARN notice…
by - June 6, 2019 11:01 pm
Walmart’s investments in emerging technologies are evolving into more “convenience” services for its customers. Walmart U.S. eCommerce CEO Marc Lore told the media the company is expanding its own in-home…
by - June 4, 2019 10:04 am
Walmart is often beaten up in the media for being “big business” making profits on the back of its hourly workforce, but the retail giant is working hard to change…
by - May 17, 2019 11:01 am
Retail giant Walmart Inc. has released additional details about its much-discussed new corporate campus in Bentonville and the first visible signs are imminent of what will arguably be the largest-ever…
