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.
May 18, 2021Matthew Boyle
Business
Shopper at a Walmart in Vernon Hills, Ill. (Nam Y. Huh/Associated Press)
Walmart Raises Forecast on Desire to ‘Get Out and Shop’
Shopper at a Walmart in Vernon Hills, Ill. (Nam Y. Huh/Associated Press)
Business, Technology, Safety, Autonomous
Kroger Co.
Kroger Joins Drone Delivery Race With Pilot From Ohio Store
Kroger Co.
Kroger Co. is diving into drone delivery, starting a pilot at a store near its Cincinnati headquarters.
May 3, 2021
Business, Technology, Autonomous
Paul Sancya/Associated Press
Walmart Invests in Cruise, the GM-Backed Autonomous-Car Startup
Paul Sancya/Associated Press
Walmart is taking an undisclosed stake in Cruise, the autonomous-vehicle technology company that’s majority-owned by General Motors Co.
April 16, 2021
Business, Technology, Logistics
Walmart recently has ramped up its drone delivery efforts. (Walmart Inc.)
Walmart Expands Drone Program With COVID-19 Test-Kit Delivery
Walmart recently has ramped up its drone delivery efforts. (Walmart Inc.)
Walmart Inc. will test using drones to drop COVID-19 diagnostic kits at customers’ homes, the retailer’s latest move in the pandemic-fueled arena of contactless deliveries.
September 22, 2020
Business, Technology, Logistics, Autonomous
Walmart has started testing drone deliveries in Fayetteville, N.C. (Walmart)
Walmart Tests Drone Delivery Amid Escalating Competition With Amazon
Walmart has started testing drone deliveries in Fayetteville, N.C. (Walmart)
Walmart Inc. is entering the drone delivery wars, its latest move to counter Amazon.com Inc.’s dominance in e-commerce as more Americans choose to shop from home.
September 9, 2020
Business, Logistics
A nearly empty parking lot stands outside the Walmart World Headquarters in Bentonville, Ark., on May 28. (Terra Fondriest/Bloomberg News)
Walmart Is Eliminating Hundreds of Corporate Jobs
A nearly empty parking lot stands outside the Walmart World Headquarters in Bentonville, Ark., on May 28. (Terra Fondriest/Bloomberg News)
Walmart Inc. has eliminated hundreds of corporate positions, according to people familiar with the matter, as retailers around the country slim down at the back-office level.
July 30, 2020
Business, Technology, Logistics, Top 100
Packages move along a conveyor belt inside a Walmart fulfillment center in Pennsylvania. (Michael Nagle/Bloomberg News)
Walmart Jumps With Amazon Prime Challenger Nearing Debut
Packages move along a conveyor belt inside a Walmart fulfillment center in Pennsylvania. (Michael Nagle/Bloomberg News)
Walmart Inc. will introduce a subscription service this month to compete with Amazon.com Inc.’s Prime program, according to a person familiar with the plans.
July 7, 2020
Business, Technology, Logistics
The Shopify logo is displayed on a computer. (Andrew Harrer/Bloomberg News)
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, 2020
Business, Top 100
A worker delivers groceries to a customer's vehicle outside a Walmart store in New York on May 15. (Angus Mordant/Bloomberg News)
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. (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, 2020
Business, Safety, Top 100
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 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, 2020