Walmart News Updates

GovernmentBusinessLogistics

Walmart Slips as Yet Another Overseas Obstacle Materializes

In India, an unfavorable e-commerce ruling is likely to crimp the growth for Walmart Inc. In China, the retailer says an economic slowdown has shoppers tightening their purse strings. And now in the U.K., a deal to reduce Walmart’s exposure to the slowing market there is on life support.

February 20, 2019
BusinessLogistics

Walmart Surges After Reporting Best Holiday Quarter Since 2009

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.

February 19, 2019
BusinessTechnologyTop 100

Walmart Wants to Expand Reach in Online Advertising

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.”

February 11, 2019
GovernmentBusinessLogistics

Amazon Cuts Deal to Unfreeze Suspended Product Listings in India

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.

February 7, 2019
GovernmentBusinessTechnologyLogistics

Amazon, Walmart Reel as India Curbs Plunge Market Into Chaos

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.

February 1, 2019
BusinessSafety

Walmart Revamps Employee Sick-Leave Policy

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.

February 1, 2019
BusinessTechnologyLogistics

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

Walmart Inc. has quietly withdrawn from one of Google’s marquee efforts to challenge Amazon.com in e-commerce.

January 25, 2019
BusinessSafetyTCA

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

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.

January 23, 2019
BusinessTechnologyLogistics

India Crackdown on Amazon, Walmart Seen Hurting Online Shoppers

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
BusinessLogistics

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

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

November 16, 2018