Walmart Attracts Savings-Minded Shoppers, Posts Strong Q3
Walmart extended its streak of strong quarterly gains heading into the holiday season as its low prices attract shoppers looking for deals in a tough economic environment.
Walmart Chooses Georgia Site for Dairy Facility
Georgia Gov. Brian Kemp announced that Walmart Inc. will invest $350 million to open a new dairy facility along the Interstate 75 freight corridor. Operations are expected to begin in 2025.
Walmart Now Offers Late-Evening Delivery, Pickup
Walmart is now offering express home delivery until 10 p.m. on orders placed by 9:30 p.m. so that “last-minute needs are delivered to your doorstep just in time,” the company said.
Sam’s Club to Open Big Distribution Center in Oklahoma City
Oklahoma officials applauded news that Sam’s Club will invest $40 million to open a large distribution center in the state scheduled to open early next year.
Walmart’s First Class of Homegrown Truck Drivers Graduates
Last year Walmart Inc. dangled $110,000 trucking jobs to its own store workers. Now, the first classes of students are graduating.
Walmart, Alphabet to Test Wider Drone Deliveries
Walmart Inc. is planning its longest drone deliveries yet by teaming up with Alphabet Inc.’s Wing unit at two Dallas-area stores.
Walmart Reports Strong Q2 on Low-Price Model
NEW YORK — Walmart reported strong second-quarter sales results as the retailer’s low-price model continues to attract budget-conscious consumers in a tough economic environment.
Walmart Seen Gaining More Than 30% Over the Next Year
Walmart Inc. shares could surge more than 30% in the next 12 months as the shopping behemoth continues to gain market share even as grocery inflation eases, according to Piper Sandler.
Walmart Announces Sustainability Initiatives
Walmart announced June 1 it will take steps to reduce the amount of plastic and cardboard it puts in the waste stream from online orders and reduce vehicle emissions from delivery of packages.
Walmart Stock Outperforms Target
Walmart shares are outshining those of Target as Wall Street anticipates the shopping behemoth’s broad array of household necessities will offer shelter from slowing economic growth.