Matthew Boyle

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’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 Inc. are heating up.

Matthew Boyle | Bloomberg News
October 15, 2019

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
Business, Logistics

Walmart Testing a Fulfillment Service for Vendors to Match Amazon

Walmart box on table An employee packages products inside a Walmart fulfillment center in Bethlehem, Pa., on March 29, 2017. (Michael Nagle/Bloomberg News)

Walmart Inc., looking to generate more profit from its online unit, wants to start storing and shipping products for third-party vendors for the first time, just as rival Inc. has done for years.

Matthew Boyle | Bloomberg News
September 12, 2019
Business, Logistics

Target, Like Walmart, Proves Main Engine of Economy Is Humming

Target Corporation Store Victor J. Blue/Bloomberg News

Recession fears may be mounting in certain parts of the U.S. economy, but Walmart Inc. and Target Corp. are signaling that the all-important American consumer is doing just fine.

Matthew Boyle | Bloomberg News
August 21, 2019
Business, Technology

Walmart Hunts for New Online Revenue Chief as Losses Mount

Walmart Timothy Fadek/Bloomberg News

Walmart Inc. has a hole to fill at its online unit, and whoever assumes the role faces a big challenge ahead. The company is searching for a new chief revenue officer for its U.S. e-commerce business, who would work under online leader Marc Lore to help map out its battle plan against, Target Corp. and other rivals.

Matthew Boyle | Bloomberg News
July 12, 2019