Latest News Updates From Matthew Boyle

BusinessTechnologyLogistics

Walmart Receives Outside Interest in JetBlack Unit

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
BusinessLogistics

Walmart Testing a Fulfillment Service for Vendors to Match Amazon

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 Amazon.com Inc. has done for years.

September 12, 2019
BusinessLogistics

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

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.

August 21, 2019
BusinessTechnology

Walmart Hunts for New Online Revenue Chief as Losses Mount

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 Amazon.com, Target Corp. and other rivals.

July 12, 2019
BusinessLogistics

Two Years After Amazon Deal, Whole Foods Is Just $10 Cheaper

Amazon.com’s $13.7 billion purchase of Whole Foods Market spawned endless speculation about how the internet giant would change the upscale grocer. Two years later, we’ve got an answer: Ten bucks.

July 10, 2019
BusinessTechnology

Target Takes a Hit From $50 Million Register Outage

The impact of Target Corp.’s weekend register glitch won’t show up until the retailer discloses quarterly revenue in August, but it could have cost the company about $50 million in lost sales, according to one analyst.

June 17, 2019
GovernmentBusinessLogistics

Walmart’s New Pricing Tool Allows Suppliers to Factor in Cost of Tariffs

Walmart Inc. has updated the information network used daily by its suppliers to let them submit cost increases that are directly attributable to higher U.S. tariffs on Chinese goods.

June 12, 2019
Business

Walmart Rises After Strong Start to Year, but Tariffs Still Loom

Walmart Inc. rose after reporting sales that met analysts’ expectations. Still, concerns are growing that Chinese tariffs could soon force the retailer to raise its famously low prices or sacrifice its bottom line.

May 16, 2019
BusinessTechnologyLogistics

Walmart Matches Amazon With Free One-Day Shipping on Many Items

Walmart Inc. wants to one-up Amazon.com in the fight for online shoppers. The world’s largest retailer is rolling out a next-day delivery service to counter Amazon’s recent move to speed shipment times for top customers to just one day from two.

May 14, 2019
BusinessLogisticsTop 100

Walmart Capable of Matching Amazon’s One-Day Pledge, Analyst Says

Walmart Inc. could easily match Amazon.com’s one-day delivery gambit, according to an analyst who worked at the world’s largest retailer.

April 26, 2019

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