Latest News Updates From Jaewon Kang

BusinessLogisticsPrivateTop 100

Walmart Hires Instacart Executive to Lead AI Push

Walmart is hiring an executive from Instacart to accelerate its use of artificial intelligence as one of the world’s largest retailers looks to bolster its competitive edge.

July 23, 2025
BusinessPrivateTop 100

Walmart Eliminates Hundreds of Store-Support, Training Jobs

Walmart is cutting hundreds of store-support roles, its latest move to simplify the structure of the world’s largest retailer.

July 17, 2025
BusinessPrivate

°®¶¹´«Ã½ Depot to Buy GMS at $4.3 Billion Value

°®¶¹´«Ã½ Depot has agreed to acquire specialty building products distributor GMS for $4.3 billion, its latest effort to grab more spending from professional contractors.

June 30, 2025
BusinessTechnologyLogisticsFor-HirePrivateTop 100

Target Eyes Shein, Temu Model With Factory-Direct Shipping

The company is seeking to broaden its range of low-cost offerings through the program, said people familiar with the matter, who asked not to be named because the test hasn’t been announced.

June 24, 2025
BusinessPrivateTop 100

Walmart CFO Says Shoppers Remain Focused on Food, Essentials

Walmart said shoppers are still spending about the same as they did a year or two ago, with a focus on food and essentials over discretionary purchases.

June 6, 2025
BusinessTechnologyLogisticsAutonomousPrivateTop 100

Walmart Enhances Drone Delivery in Attempt to Speed Up Orders

Walmart is adding drone delivery in five new cities in a bid to expand online sales and get goods to shoppers faster.

June 5, 2025
BusinessPrivateTop 100

Walmart Pledges Transparency on Prices After Rebuke From Trump

Walmart said it will continue to communicate the impact of tariffs with investors, consumers and policymakers after President Donald Trump criticized the retailer’s plans to raise prices.

June 5, 2025
BusinessPrivateTop 100

Costco Defies Tariff Shifts With Higher Profit, Lower Prices

Costco posted better-than-expected earnings in its 2025 Q3, a sign that the nation’s largest club chain is flexing its scale and devoted following to navigate tariffs and economic turbulence.

June 3, 2025
BusinessPrivateTop 100

Walmart Names Company Veteran to Manage International Growth

Walmart selected a company veteran to fill a newly created role that aims to spark international growth, as the world’s largest retailer looks to bolster its overseas operations.

May 16, 2025
GovernmentBusinessPrivate

Walmart Amps Up Discounts to Lure Cost-Conscious Customers

Walmart Inc. is doubling down on discounts, a move to drum up demand and grow market share in the face of macroeconomic uncertainty.

April 24, 2025