Walmart News Updates

NEW YORK — All employers want for Christmas is some holiday help. But they might not get their wish. Companies like UPS Inc., FedEx Corp. and Walmart Inc. that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they will find all the workers they need.

Walmart Inc. is expanding its hiring push with plans to recruit 150,000 store employees, adding to U.S. employers’ search for new workers as the busy holiday season approaches.

Walmart Inc. is teaming up with Ford Motor Co. and self-driving startup Argo AI to launch a driverless delivery service in three U.S. cities.

Walmart Inc. said it hasn’t agreed to partner with Litecoin, refuting a statement earlier Sept. 13 that sent the cryptocurrency soaring.

Walmart Inc. made its green bond market debut with a $2 billion offering Sept. 8, the largest ever from a U.S. corporation, according to data compiled by Bloomberg.

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.

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

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.

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.

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