Walmart Teams With Ford, Argo to Launch Driverless Delivery Service
Walmart Inc. is teaming up with Ford Motor Co. and self-driving startup Argo AI to launch a driverless delivery service in three U.S. cities.
Walmart Denies Litecoin Pact After Hoax Jolts Crypto Market
Walmart Inc. said it hasn’t agreed to partner with Litecoin, refuting a statement earlier Sept. 13 that sent the cryptocurrency soaring.
Walmart Breaks Green-Bond Record With $2 Billion Debut Sale
Walmart Inc. made its green bond market debut with a $2 billion offering Sept. 8, the largest ever from a U.S. corporation, according to data compiled by Bloomberg.
Walmart Boosts Average Hourly Wage to $16.40
Walmart Inc. said it will raise wages for a swath of its U.S. workforce, bringing its average hourly wage to $16.40 as the big-box retailer competes for employees amid a labor shortage.
Walmart Hiring 20,000, Including Freight Handlers, Technicians
Walmart is looking to hire 20,000 new workers ahead of the holiday season, including freight handlers, lift drivers, technicians and more.
Walmart to Launch Delivery Service for Other Businesses
NEW YORK — Walmart said Aug. 24 it will start farming out its delivery service, using contract workers, autonomous vehicles and other means to transport rival retailers’ products directly to their customers’ homes in as little as a few hours.
Walmart’s Slowing E-Commerce, Margin Weigh in Q2
Walmart Inc.’s pandemic-driven gains in e-commerce slowed last quarter and profit margin fell, raising questions about the retailer’s ability to maintain momentum even after it topped Wall Street’s sales expectations.
Walmart, Target Unveil Own Versions of Amazon Prime Day
Not to be outdone, Walmart and Target have announced they will hold big sales that will compete with Amazon Prime Day.
Walmart Raises Forecast on Desire to ‘Get Out and Shop’
Walmart Inc. posted strong quarterly sales growth and boosted its profit outlook, an impressive feat as the retailer faced a difficult comparison with last year’s pandemic-fueled stockpiling. The shares rose in premarket trading.
Amazon to Pass Walmart in Retail Sales in 2025, Report Says
Amazon.com Inc. will supplant Walmart Inc. as the biggest U.S. retailer by 2025, according to a new report, suggesting the e-commerce giant has too much momentum for Walmart to stop despite big investments in its own e-commerce offerings.