Business, Technology

New Walmart Credit Card Looks to Boost E-Commerce

Walmart credit card Patrick T. Fallon/Bloomberg News

In a sign of how much Walmart Inc. is betting on e-commerce, the retailer’s revamped credit-card program with Capital One Financial Corp. offers better rewards for online shopping and checking out with its mobile app.

Matt Townsend | Bloomberg News
September 18, 2019
Business, Logistics

Walmart Rolls Out Grocery Delivery Subscription

Walmart employee fulfills an online order Walmart associate Alicia Carter fulfills online grocery orders at a store in Houston, on Nov. 9, 2018. (Associated Press/David J. Phillip)

NEW YORK — Walmart is rolling out a grocery delivery subscription service this fall as it races to gain an advantage in the competitive fresh food business.

Anne D’Innocenzio | Associated Press
September 12, 2019
Business, Logistics

Walmart Testing a Fulfillment Service for Vendors to Match Amazon

Walmart box on table An employee packages products inside a Walmart fulfillment center in Bethlehem, Pa., on March 29, 2017. (Michael Nagle/Bloomberg News)

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 Inc. has done for years.

Matthew Boyle | Bloomberg News
September 12, 2019
Business, Technology, Safety

Walmart, Tesla Pause in Legal Fight Over Fiery Solar Panels

Front of Walmart store with sun shining Associated Press/Gene J. Puskar

NEW YORK — Walmart said Aug. 23 that it is working on a resolution with Tesla after the retail giant sued the electric car company’s energy division for installing rooftop solar panels that caught fire.

August 23, 2019
Business, Logistics

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

Target Corporation Store Victor J. Blue/Bloomberg News

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.

Matthew Boyle | Bloomberg News
August 21, 2019

Walmart Delivers in Second Quarter

Walmart Elise Amendola/Associated Press

NEW YORK — Walmart raised its annual outlook after a strong second quarter for the world’s largest retailer, thanks in part to strong online grocery deliveries.

Anne D’Innocenzio | Associated Press
August 15, 2019
Government, Business

Walmart Fights $54 Million Lawsuit Verdict Awarding Drivers Sleeper Berth Pay

Front of Walmart store in Pittsburgh An entrance to a Walmart store in Pittsburgh is shown June 25, 2019. (Associated Press/Gene J. Puskar)

A three-member panel of the Ninth U.S. Circuit Court of Appeals heard oral arguments Aug. 6 in an appeal by Walmart Transportation of a $54 million jury damage award in 2016.

Eric Miller | Senior Reporter
August 8, 2019
Business, Technology

Walmart Shuffles Leadership Team for Store-Digital Integration

Walmart Patrick T. Fallon/Bloomberg News

Walmart Inc. still is trying to get its structure just how it wants it. The retail giant announced its second internal restructuring in as many months as it tries to better integrate its money-losing online business in the United States with its physical stores.

July 19, 2019
Business, Technology

Walmart Hunts for New Online Revenue Chief as Losses Mount

Walmart Timothy Fadek/Bloomberg News

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, Target Corp. and other rivals.

Matthew Boyle | Bloomberg News
July 12, 2019
Business, Technology

Walmart Got a $10 Billion Surprise After Buying Flipkart

Walmart Gene J. Puskar/Bloomberg News

When Walmart Inc. paid $16 billion for control of India’s e-commerce pioneer Flipkart Online Services Pvt. last year, the American retail giant got a little-noticed digital payments subsidiary as part of the deal.

Saritha Rai | Bloomberg News
July 10, 2019