Walmart News Updates

David Guggina, who has been the chief e-commerce officer of Walmart U.S., has been promoted to CEO of the division — the company’s biggest and most important business.

Amazon is planning a 229,000-square-foot store selling groceries and general merchandise in the Chicago area, a fresh attempt at physical retail that borrows from stores like Walmart and Target.

More than 6,000 customers reported they were unable to use the app or website the morning of Dec. 30, according to data collected by the website Downdetector.

Walmart ditched the New York Stock Exchange for archrival Nasdaq, marking the largest defection of a stock listing in the Big Board’s history. 

The U.S. housing market has weighed on Home Depot as high interest rates prompt consumers to remain on the sidelines for big-ticket purchases and projects that require financing.

Walmart posted strong sales and profits that blew past Wall Street expectations as it sets itself up for a strong holiday shopping season.

Walmart CEO Doug McMillon, who over a decade ushered the big-box behemoth into the internet age, will retire in February. He’ll be replaced by U.S. head John Furner.

Walmart has paused offers to candidates requiring H-1B visas, sources said, the latest example of how the Trump administration’s $100,000 visa fees are disrupting workforces.

Walmart has been keeping food prices competitive in a bid to pick up market share. Its grocery business is less exposed to import duties than consumer products like car seats and apparel.

Cracking the trillion-dollar threshold would vault Walmart into a rare group of stocks, one that remains overwhelmingly dominated by technology names.