Walmart Announces Driver Pay Increase, Training Program
Walmart Inc. is raising pay for its private fleet truck drivers and launching a new training program, the retailer announced April 7.
Walmart Hires PayPal’s John Rainey as CFO
Walmart Inc. named PayPal Holdings Inc. Chief Financial Officer John Rainey as its new finance chief, turning to a company outsider as it seeks to build a financial-technology venture and a membership program.
Walmart to Pay Truck Drivers Up to $110,000 in First Year
Walmart Inc. is ramping up pay for its truckers as it seeks to shore up staffing amid a nationwide rush to hire drivers, saying its truck drivers will be able to earn between $95,000 and $110,000 in their first year at the company,
Walmart Bucks Supply Chain Snarls With Upbeat Annual Outlook
Walmart Inc. surpassed Wall Street’s quarterly profit expectations and unveiled an upbeat sales outlook for the current fiscal year despite persistent cost pressures and flagging consumer sentiment.
Walmart Mulls Options for Part of Central American Business
Walmart Inc. is studying strategic alternatives for its operations in Honduras, El Salvador and Nicaragua, signaling another potential move to narrow its focus abroad.
Amazon Heads to the Mall With Prototype Clothing Store
Amazon .com Inc. plans to open a clothing store in a Southern California mall later this year, marking the latest foray into brick-and-mortar for the online retailing giant, which already sells more than 10% of all clothes in the U.S.
Walmart Filings Reveal Plans to Create Cryptocurrency, NFTs
Walmart Inc. is preparing to create its own cryptocurrency and collection of nonfungible tokens, filings with the U.S. Patent and Trademark Office show, setting the stage for meeting its customers in the emerging metaverse.
Two Key Executives to Depart Walmart
Walmart Inc. is losing two key executives in its U.S. operation as the retail giant ramps up its online offerings and attempts to reverse last year’s disappointing stock market performance.
Walmart to Hire 3,000 Drivers to Expand In-Home Delivery
Walmart Inc. is betting big on its service to deliver groceries directly into customers’ refrigerators with an expansion of its InHome delivery option, and will hire 3,000 drivers to support it.
Walmart Takes New Step Toward Making Aerial Deliveries Routine
Walmart Inc. is expanding its efforts to offer aerial deliveries to homes, joining with startup DroneUp to begin dropping off items ranging from cans of tuna to children’s thermometers.