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.
Kroger Joins Drone Delivery Race With Pilot From Ohio Store
Kroger Co. is diving into drone delivery, starting a pilot at a store near its Cincinnati headquarters.
Walmart Invests in Cruise, the GM-Backed Autonomous-Car Startup
Walmart is taking an undisclosed stake in Cruise, the autonomous-vehicle technology company that’s majority-owned by General Motors Co.
Walmart Expands Drone Program With COVID-19 Test-Kit Delivery
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.
Walmart Tests Drone Delivery Amid Escalating Competition With Amazon
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.
Walmart Is Eliminating Hundreds of Corporate Jobs
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.
Walmart Jumps With Amazon Prime Challenger Nearing Debut
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.
Shopify Advances After Deal With Walmart Expands Reach
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.
Walmart Sales Soar on Consumer Stockpiling, Online Shift
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.
Walmart Plans 150,000 New Hires, Virus Testing Sites
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.