Walmart Inc. bounced back from a lackluster start to the year with the strongest sales gain in more than a decade fueled by its grocery business, brightening the outlook for the overall retail sector. The stock jumped as much as 11%, the most intraday since October 2008.
August 16, 2018BusinessSafety
Walmart Relaxes Deadlines for Some Deliveries Amid Driver Crunch
Walmart Inc. has relaxed deadlines for some supplier deliveries just months after tightening them, easing pressure on manufacturers who are grappling with a driver shortage.
April 11, 2018BusinessLogistics
Target Acquires Software Firm Grand Junction With Sights Set on Amazon
Target Corp. agreed to acquire a software company that manages local and same-day deliveries in a bid to keep pace with Amazon and Wal-Mart.
August 15, 2017Business
Wal-Mart Will Punish Its Suppliers for Delivering Early
Long known for squeezing its vast network of suppliers, Wal-Mart Stores Inc. is about to step up the pressure. The focus this time is delivery scheduling, and the company’s not messing around. Two days late? That’ll earn you a fine. One day early? That’s a fine, too. Right on-time but goods aren’t packed properly? You guessed it — fined.
July 12, 2017