Matthew Boyle

Business, Technology, Logistics

Shopify Advances After Deal With Walmart Expands Reach

The Shopify logo is displayed on a computer. 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.

Matthew Boyle | Bloomberg News
June 15, 2020
Business, Top 100

Walmart 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. 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.

Matthew Boyle | Bloomberg News
May 19, 2020
Business, Safety, Top 100

Walmart Plans 150,000 New Hires, Virus Testing Sites

Walmart headquarters 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.

Matthew Boyle | Bloomberg News
March 21, 2020
Business, Logistics

Walmart Developing a Membership Program to Rival Amazon Prime

Packages move along a conveyor belt inside a Walmart fulfillment center. 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+.

Matthew Boyle | Bloomberg News
February 27, 2020
Business, Logistics

Walmart Loses Another Home-Delivery Provider Amid Amazon Clash

A shopping cart inside a Walmart location in Burbank, Calif. (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.

Matthew Boyle | Bloomberg News
February 21, 2020
Business, Technology, Autonomous, Top 100

Walmart Recruits Robots in Online Grocery Battle With Amazon

Walmart's Alphabot 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.

Matthew Boyle | Bloomberg News
January 8, 2020
Business, Technology

Walmart Boosts Outlook After Beating Estimates

Walmart 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.

Matthew Boyle | Bloomberg News
November 14, 2019
Business, Technology, Logistics

Walmart Subsidizing Some Vendors in Price War With Amazon

Walmart vs. Amazon price war 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.

Matthew Boyle | Bloomberg News
October 15, 2019
Business

Walmart’s Vaunted Turnaround Artist, Greg Foran, Leaves for Air New Zealand

Greg Foran and John Furner 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.

Matthew Boyle | Bloomberg News
October 10, 2019
Business, Technology, Logistics

Walmart Receives Outside Interest in JetBlack Unit

Exterior of a Walmart building 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.

Matthew Boyle | Bloomberg News
September 26, 2019

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