walmart

Business, Private

Walmart’s Driver Pay Boost Goes Beyond Miles Driven

A Walmart truck driver pulls away from a distribution center A Walmart truck driver pulls away from a distribution center. (Walmart Inc.)

Walmart Inc. made a big splash recently with the news that it was boosting its overall pay package for first-year drivers to as much as $110,000 a year. But its new compensation package for drivers of all experience levels covers more than just pay per mile.

Connor D. Wolf | Staff Reporter
April 26, 2022
Business, Technology, Fuel, Logistics, Autonomous

Walmart Will Run Forklifts on ‘Green’ Hydrogen in Plug Power Deal

Plug Power Plug Power provides "green hydrogen." (Plug Power via YouTube)

Plug Power Inc.’s bid to become a major supplier of carbon-free hydrogen just won the backing of one of the company’s oldest customers: Walmart Inc.

David R. Baker | Bloomberg News
April 19, 2022
Business, Private, Top 100

Walmart Announces Driver Pay Increase, Training Program

Walmart driver pay increase graphic (Walmart Inc. via Twitter)

Walmart Inc. is raising pay for its private fleet truck drivers and launching a new training program, the retailer announced April 7.

Connor D. Wolf | Staff Reporter
April 13, 2022
Business, Private

Walmart Hires PayPal’s John Rainey as CFO

Walmart's incoming CFO John Rainey Walmart's incoming CFO, John Rainey. (David Paul Morris/Bloomberg News)

Walmart Inc. named PayPal Holdings Inc. Chief Financial Officer John Rainey as its new finance chief, turning to a company outsider as it seeks to build a financial-technology venture and a membership program.

April 12, 2022
Business, Top 100

Walmart to Pay Truck Drivers Up to $110,000 in First Year

A Walmart truck Drivers will be able to earn between $95,000 and $110,000 in their first year at the company, a Walmart spokeswoman said. (Walmart)

Walmart Inc. is ramping up pay for its truckers as it seeks to shore up staffing amid a nationwide rush to hire drivers, saying its truck drivers will be able to earn between $95,000 and $110,000 in their first year at the company,

Brendan Case | Bloomberg News
April 7, 2022
Business, Top 100

Walmart Bucks Supply Chain Snarls With Upbeat Annual Outlook

Walmart Bucks Supply Chain Snarls With Upbeat Annual Outlook Shoppers outside a Walmart store in Montreal, Quebec. (Christinne Muschi/Bloomberg)

Walmart Inc. surpassed Wall Street’s quarterly profit expectations and unveiled an upbeat sales outlook for the current fiscal year despite persistent cost pressures and flagging consumer sentiment.

Brendan Case | Bloomberg News
February 17, 2022
Business, Logistics

Walmart Mulls Options for Part of Central American Business

Walmart Alan Diaz/Associated Press

Walmart Inc. is studying strategic alternatives for its operations in Honduras, El Salvador and Nicaragua, signaling another potential move to narrow its focus abroad.

Brendan Case | Bloomberg News
January 25, 2022
Business, Technology, Logistics, Top 100

Amazon Heads to the Mall With Prototype Clothing Store

How clothing could be displayed at the company's new Amazon Style store concept. How Amazon envisions clothing could be displayed at the company's new Amazon Style store concept. (Greg Montijo/Amazon via Associated Press)

Amazon .com Inc. plans to open a clothing store in a Southern California mall later this year, marking the latest foray into brick-and-mortar for the online retailing giant, which already sells more than 10% of all clothes in the U.S.

Anne D’Innocenzio | Associated Press
January 20, 2022
Business, Technology, Top 100

Walmart Filings Reveal Plans to Create Cryptocurrency, NFTs

Shoppers Patrick T. Fallon/Bloomberg News

Walmart Inc. is preparing to create its own cryptocurrency and collection of nonfungible tokens, filings with the U.S. Patent and Trademark Office show, setting the stage for meeting its customers in the emerging metaverse.

January 18, 2022
Business, Top 100

Two Key Executives to Depart Walmart

The Walmart logo is displayed on shopping carts outside a store in Burbank, Calif. The Walmart logo is displayed on shopping carts outside a store in Burbank, Calif. (Patrick T. Fallon/Bloomberg News)

Walmart Inc. is losing two key executives in its U.S. operation as the retail giant ramps up its online offerings and attempts to reverse last year’s disappointing stock market performance.

Brendan Case | Bloomberg News
January 14, 2022

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