walmart News Updates

BusinessPrivateTop 100

Walmart Announces Driver Pay Increase, Training Program

Walmart Inc. is raising pay for its private fleet truck drivers and launching a new training program, the retailer announced April 7.

April 13, 2022
BusinessPrivate

Walmart Hires PayPal’s John Rainey as CFO

Walmart Inc. named PayPal Holdings Inc. Chief Financial Officer John Rainey as its new finance chief, turning to a company outsider as it seeks to build a financial-technology venture and a membership program.

April 12, 2022
BusinessTop 100

Walmart to Pay Truck Drivers Up to $110,000 in First Year

Walmart Inc. is ramping up pay for its truckers as it seeks to shore up staffing amid a nationwide rush to hire drivers, saying its truck drivers will be able to earn between $95,000 and $110,000 in their first year at the company,

April 7, 2022
BusinessTop 100

Walmart Bucks Supply Chain Snarls With Upbeat Annual Outlook

Walmart Inc. surpassed Wall Street’s quarterly profit expectations and unveiled an upbeat sales outlook for the current fiscal year despite persistent cost pressures and flagging consumer sentiment.

February 17, 2022
BusinessLogistics

Walmart Mulls Options for Part of Central American Business

Walmart Inc. is studying strategic alternatives for its operations in Honduras, El Salvador and Nicaragua, signaling another potential move to narrow its focus abroad.

January 25, 2022
BusinessTechnologyLogisticsTop 100

Amazon Heads to the Mall With Prototype Clothing Store

Amazon .com Inc. plans to open a clothing store in a Southern California mall later this year, marking the latest foray into brick-and-mortar for the online retailing giant, which already sells more than 10% of all clothes in the U.S.

January 20, 2022
BusinessTechnologyTop 100

Walmart Filings Reveal Plans to Create Cryptocurrency, NFTs

Walmart Inc. is preparing to create its own cryptocurrency and collection of nonfungible tokens, filings with the U.S. Patent and Trademark Office show, setting the stage for meeting its customers in the emerging metaverse.

January 18, 2022
BusinessTop 100

Two Key Executives to Depart Walmart

Walmart Inc. is losing two key executives in its U.S. operation as the retail giant ramps up its online offerings and attempts to reverse last year’s disappointing stock market performance.

January 14, 2022
BusinessEquipmentFuelLogisticsTop 100

Walmart to Hire 3,000 Drivers to Expand In-91ÊÓÆµ Delivery

Walmart Inc. is betting big on its service to deliver groceries directly into customers’ refrigerators with an expansion of its In91ÊÓÆµ delivery option, and will hire 3,000 drivers to support it.

January 5, 2022
GovernmentBusinessLogisticsPrivateTop 100

Biden Meets With CEOs of Walmart, CVS on Holiday Supply Chain

President Joe Biden said his administration has made strides toward relieving U.S. supply chain disruptions, as he met Nov. 29 with the leaders of major retailers including Walmart Inc. who assured him they have ample inventories for the holiday season.

November 29, 2021