walmart

Business

Walmart Boosts Average Hourly Wage to $16.40

Walmart Boosts Average Hourly Wage to $16.40 Employees restock shelves at Walmart. (Patrick T. Fallon)

Walmart Inc. said it will raise wages for a swath of its U.S. workforce, bringing its average hourly wage to $16.40 as the big-box retailer competes for employees amid a labor shortage.

Jonathan Roeder | Bloomberg News
September 2, 2021
Business, Top 100, TCA

Walmart Hiring 20,000, Including Freight Handlers, Technicians

 Customers wait in line outside a Walmart Supercenter store April 7 in Miami. (Wilfredo Lee/Associated Press) A Walmart store in Miami. (Wilfredo Lee/Associated Press)

Walmart is looking to hire 20,000 new workers ahead of the holiday season, including freight handlers, lift drivers, technicians and more.

Leada Gore | al.com
September 1, 2021
Business, Logistics

Walmart to Launch Delivery Service for Other Businesses

Walmart Alan Diaz/Associated Press

NEW YORK — Walmart said Aug. 24 it will start farming out its delivery service, using contract workers, autonomous vehicles and other means to transport rival retailers’ products directly to their customers’ homes in as little as a few hours.

Anne D’Innocenzio | Associated Press
August 24, 2021
Business, Logistics, Top 100

Walmart’s Slowing E-Commerce, Margin Weigh in Q2

Walmart Michael Nagle/Bloomberg News

Walmart Inc.’s pandemic-driven gains in e-commerce slowed last quarter and profit margin fell, raising questions about the retailer’s ability to maintain momentum even after it topped Wall Street’s sales expectations.

Matt Townsend | Bloomberg News
August 17, 2021
Business, Technology, Logistics, TCA

Walmart, Target Unveil Own Versions of Amazon Prime Day

Parking lot views of a Walmart store and a Target store Parking lot views of a Walmart store and a Target store by David Zalubowski and Sue Ogrocki/Associated Press

Not to be outdone, Walmart and Target have announced they will hold big sales that will compete with Amazon Prime Day.

Deb Kiner | pennlive.com
June 8, 2021
Business

Walmart Raises Forecast on Desire to ‘Get Out and Shop’

Walmart Shopper at a Walmart in Vernon Hills, Ill. (Nam Y. Huh/Associated Press)

Walmart Inc. posted strong quarterly sales growth and boosted its profit outlook, an impressive feat as the retailer faced a difficult comparison with last year’s pandemic-fueled stockpiling. The shares rose in premarket trading.

Matthew Boyle | Bloomberg News
May 18, 2021
Business, Technology, Logistics, Top 100

Amazon to Pass Walmart in Retail Sales in 2025, Report Says

Amazon delivery van An Amazon Prime delivery van sits parked on a street in Seattle. (Jimmy Anderson/Getty Images)

Amazon.com Inc. will supplant Walmart Inc. as the biggest U.S. retailer by 2025, according to a new report, suggesting the e-commerce giant has too much momentum for Walmart to stop despite big investments in its own e-commerce offerings.

Spencer Soper | Bloomberg News
April 27, 2021
Business, Technology, Autonomous

Walmart Invests in Cruise, the GM-Backed Autonomous-Car Startup

Cruise vehicle Paul Sancya/Associated Press

Walmart is taking an undisclosed stake in Cruise, the autonomous-vehicle technology company that’s majority-owned by General Motors Co.

Matthew Boyle | Bloomberg News
April 16, 2021
Business

To Retain Workers, Walmart Moves More of Them Full Time

 Customers wait in line outside a Walmart Supercenter store April 7 in Miami. (Wilfredo Lee/Associated Press) Customers wait in line outside a Walmart Supercenter store April 7 in Miami. (Wilfredo Lee/Associated Press)

NEW YORK — Walmart is moving more of its workers full time, with the goal of having two-thirds of its U.S. store hourly jobs be full time with more consistent work schedules by early next year.

Anne D’Innocenzio | Associated Press
April 14, 2021
Business, Technology, Top 100

Walmart Opens E-Commerce Marketplace to Non-US Vendors

A Walmart sign at a store in Duarte, Calif. (David Swanson/Bloomberg News) A Walmart sign outside a store in Duarte, Calif. (David Swanson/Bloomberg News)

Walmart Inc. has removed rules requiring sellers on its marketplace website to be registered in the U.S. — an attempt to close the e-commerce gap with Amazon .com Inc. and tap into China’s vast network of manufacturers.

March 19, 2021

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