Walmart

Business News

Big Deals Are Back With a $53 Billion Bang

A trio of transactions from Capital One, Truist, and Walmart have lifted the value of deals announced worldwide this year to $425 billion, a 55% increase from the same period in 2023.

Business News

Walmart rewrites the rulebook: Equity, expansion, and evolution

Walmart reshapes its future with strategic stock splits, employee-centric policies, and an ambitious retail expansion.

Business News

Walmart Store Managers Will Get Up to $20K in Stock Every Year, Pushing Top-Earners Over $525K in Total Compensation

"We ask our managers to own their roles and act like owners. Now, they'll literally be owners."

Business News

Is Walmart too big to prevail?

Walmart Inc. (NYSE: WMT) is big, to say the least. It is the largest retailer in the world. It's the largest importer of goods in the United States. It is...

Business News

Your Local Walmart Might Look a Lot Different This Week — Here's Why

Walmart is spending $9 billion on upgrades to thousands of stores over the next two years.

Business News

Costco Isn't Facing Devastating Surges in Theft Like Target and Walmart — and the Reason Is Very Simple

The retailer's CFO revealed its strategy during a fourth-quarter-earnings call.

Business News

America's Largest Private Employer Is Reducing Starting Pay for New Workers. Here's Why — and What It Means for Retail.

Most new hires will now earn the lowest possible hourly wage for their respective store, unlike when they previously had the potential to earn more than other store workers in certain roles.

Business News

Walmart Takes Bold Step to Combat Rising Crime in Retail with In-House Police Station

The move aims to increase security, deter in-store crime, and create a safer shopping environment, the company says.

Business News

A 55-Year-Old Woman Was Accused of Attacking a Teenager With a Needle in Walmart. Then Things Got Even More Bizarre.

The arrest that followed in the retailer's parking lot wasn't uneventful.

News and Trends

Walmart Buys Tiger Global's Stake In Flipkart: Report

It has reportedly paid $1.4 billion for the stake

News and Trends

Flipkart And PhonePe Expects To Be a $100 Billion Business In India, Says Walmart CFO

In its most recent quarter ended April 30, Walmart said its Flipkart business generated double-digit sales growth, boosted by new shoppers in some cities and a 50% jump in ad sales

Business News

Walmart Is Paying $500,000 in a Settlement for Allegedly Selling an Illegal Item on Its Website

"The settlement we have reached with Walmart makes crystal clear that online retailers are responsible for what they are allowing to be offered for sale," Attorney General Rob Bonta said in a statement.

News and Trends

Meeting With Walmart CEO Was Fruitful, Says Modi

The Prime Minister also added that the CEO was happy to see India emerge as an attractive destination for investment

Business News

Walmart Offloads Clothing Retailer at a Staggering $235 Million Loss

WHP Global and popular retailer Express will acquire Bonobos in a joint deal that was announced on Thursday.

Business News

Walmart Pulls Crude T-Shirt From Its Stores. 'This Was Not Intentional.'

A swear word was spotted by a customer, Twitter went nuts, and the retail giant quickly remove the merch.