walmart

Business, Logistics

Walmart Surges After Reporting Best Holiday Quarter Since 2009

Walmart Patrick T. Fallon/Bloomberg News

Walmart Inc. finally gave the U.S. retail sector some good news. The company brushed off the industry’s disappointing December sales with its best holiday quarter in at least a decade, soothing concerns about the sector’s outlook for 2019. Comparable sales for Walmart stores in the United States — a key performance barometer — rose 4.2% in the quarter that included Christmas, beating analysts’ estimates by a full percentage point.

Matthew Boyle | Bloomberg News
February 19, 2019
Business, Technology, Top 100

Walmart Wants to Expand Reach in Online Advertising

Walmart Patrick T. Fallon/Bloomberg News

Walmart Inc. is big in almost every way — 4,755 stores, 1.5 million employees and $380 billion in revenue in the United States alone. But one part of the world’s largest retailer remains minuscule. “We have a tiny ad business,” CEO Doug McMillon told investors in October. “It could be bigger.”

Matthew Boyle | Bloomberg News
February 11, 2019
Government, Business, Logistics

Amazon Cuts Deal to Unfreeze Suspended Product Listings in India

Warehouse Ruhani Kaur/Bloomberg News

Amazon.com resurrected thousands of suspended product listings in India by selling much of its stake in top local venture partner Cloudtail, a hastily arranged deal intended to comply with stringent new e-commerce regulations that upended the market.

Saritha Rai | Bloomberg News
February 7, 2019
Government, Business, Technology, Logistics

Amazon, Walmart Reel as India Curbs Plunge Market Into Chaos

Amazon Alex Kraus/Bloomberg News

Amazon.com’s and Walmart Inc.’s grand plans for India were thrown into chaos Feb. 1 after the country implemented new e-commerce regulations, which could cut their growth in the market by as much as half this year.

Saritha Rai | Bloomberg News
February 1, 2019
Business, Safety

Walmart Revamps Employee Sick-Leave Policy

Walmart worker Patrick T. Fallon/Bloomberg News

Walmart Inc. is making sweeping changes to its employment policies this month, granting paid sick leave to hourly workers in the United States, and, at the same time, possibly making it easier to fire those who miss too many shifts.

Matthew Boyle | Bloomberg News
February 1, 2019
Business, Technology, Logistics

Google’s Bid to Battle Amazon Suffers Blow As Walmart Withdraws

Walmart Patrick T. Fallon/Bloomberg News

Walmart Inc. has quietly withdrawn from one of Google’s marquee efforts to challenge Amazon.com in e-commerce.

January 25, 2019
Business, Safety, TCA

Walmart Says It Needs 900 More Truckers This Year, Hikes Pay

Walmart A Walmart truck. (John Sommers II for Transport Topics)

Walmart is raising trucker salaries in its push to hire 900 more drivers this year across the United States, including Texas, where it has a big concentration of large distribution centers where empty trucks get filled.

Maria Halkias | The Dallas Morning News
January 23, 2019
Business, Technology, Logistics

India Crackdown on Amazon, Walmart Seen Hurting Online Shoppers

India An employee uses a laptop computer while packages move along a conveyor belt at the Amazon.com fulfillment center in Hyderabad. (Dhiraj Singh/Bloomberg News)

India’s new rules for foreign e-commerce platforms may be designed to protect local companies from Amazon.com and Walmart Inc., but consumers are likely to suffer the collateral damage.

December 28, 2018
Business, Logistics

Walmart Expands Offerings in Bid to Stay in Retail Race With Amazon

Outside a Walmart store David J. Phillip/Associated Press

NEW YORK — Walmart may be bruised by Amazon, but it’s learning how to fight back.

Anne D’Innocenzio | Associated Press
November 16, 2018
Business

Warren Buffett Bids Farewell to Walmart After 20 Years as Amazon Reigns

Walmart worker Patrick T. Fallon/Bloomberg News

Buffett’s Berkshire Hathaway Inc. has sold its last Walmart Inc. shares, according to a filing Nov. 14, ending a relationship that dates more than two decades.

November 15, 2018

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