Matthew Boyle
Shopify Advances After Deal With Walmart Expands Reach
The Shopify logo is displayed on a computer. (Andrew Harrer/Bloomberg News)
Walmart Inc. has partnered with e-commerce giant Shopify Inc. to expand its third-party marketplace site and grab more of the pandemic-fueled surge in online shopping. Shares of the Canadian technology company rose June 15.
June 15, 2020Walmart Sales Soar on Consumer Stockpiling, Online Shift
A worker delivers groceries to a customer's vehicle outside a Walmart store in New York on May 15. (Angus Mordant/Bloomberg News)
Walmart Inc. jumped May 19 after reporting coronavirus-related stockpiling led to a surge in quarterly sales, underscoring the company’s strong position amid widespread carnage in the U.S. retail sector.
May 19, 2020Walmart Plans 150,000 New Hires, Virus Testing Sites
Walmart says it is ready to begin virus tests in the Chicago area, primarily for health care workers and first responders. (Wochit News via YouTube)
Walmart Inc. is hiring 150,000 temporary workers and readying its parking lots for coronavirus tests as the world’s largest retailer girds itself to deal with the unprecedented challenges of the fast-spreading outbreak.
March 21, 2020Walmart Developing a Membership Program to Rival Amazon Prime
Packages move along a conveyor belt inside a Walmart fulfillment center. (Michael Nagle/Bloomberg News)
Walmart, the world’s largest retailer, is developing a paid membership program to challenge internet giant Amazon Prime's offering. It will be called Walmart+.
February 27, 2020Walmart Loses Another Home-Delivery Provider Amid Amazon Clash
(Patrick T. Fallon/Bloomberg News)
Walmart Inc. is parting ways with grocery-delivery partner Skipcart, the latest defection from its network of logistics companies that often struggle to make ends meet schlepping cola and cantaloupes for the nation’s biggest food retailer.
February 21, 2020Walmart Recruits Robots in Online Grocery Battle With Amazon
Walmart Inc.
Walmart has unveiled the Alphabot, an automated, 20,000-square-foot warehouse that could make its grocery pickup service faster and more efficient.
January 8, 2020Walmart Boosts Outlook After Beating Estimates
Julio Cortez/Associated Press
Walmart Inc. is approaching the crucial holiday season on a high note, posting solid third-quarter sales and raising its full-year outlook again, showcasing its resilience in the face of Amazon.com’s advances. Shares rose.
November 14, 2019Walmart Subsidizing Some Vendors in Price War With Amazon
A Walmart sign (left, Patrick T. Fallon/Bloomberg News) and Amazon package (right, Andrew Harrer/Bloomberg News).
Hold on to your smartphone — the holiday price wars between Walmart Inc. and Amazon.com Inc. are heating up.
October 15, 2019Walmart’s Vaunted Turnaround Artist, Greg Foran, Leaves for Air New Zealand
Greg Foran (left) and John Furner via Walmart Inc.
Walmart U.S. CEO Greg Foran, the architect of the revival of Walmart Inc.’s U.S. stores, is departing to run an airline in his native New Zealand, leaving a big hole at the world’s biggest retailer on the cusp of the holiday season.
October 10, 2019Walmart Receives Outside Interest in JetBlack Unit
Walmart is mulling the future of JetBlack, its text-based concierge shopping service for busy urban families. (Shutterstock)
Walmart Inc. is weighing the future of JetBlack, a pet project of its online chief that was the first business to emerge from its internal incubation arm.
September 26, 2019