walmart News Updates

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鈥檚 disappointing December sales with its best holiday quarter in at least a decade, soothing concerns about the sector鈥檚 outlook for 2019. Comparable sales for Walmart stores in the United States 鈥 a key performance barometer 鈥 rose 4.2% in the quarter that included Christmas, beating analysts鈥 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 鈥 4,755 stores, 1.5 million employees and $380 billion in revenue in the United States alone. But one part of the world鈥檚 largest retailer remains minuscule. 鈥淲e have a tiny ad business,鈥 CEO Doug McMillon told investors in October. 鈥淚t could be bigger.鈥

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鈥檚 and Walmart Inc.鈥檚 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鈥檚 Bid to Battle Amazon Suffers Blow As Walmart Withdraws

Walmart Inc. has quietly withdrawn from one of Google鈥檚 marquee efforts to challenge Amazon.com in e-commerce.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鈥檚 new rules for foreign e-commerce platforms may be designed to protect local companies from Amazon.com聽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 鈥 Walmart may be bruised by Amazon, but it鈥檚 learning how to fight back.

November 16, 2018
Business

Warren Buffett Bids Farewell to Walmart After 20 Years as Amazon Reigns

Buffett鈥檚 Berkshire Hathaway Inc. has sold its last Walmart Inc. shares, according to a filing Nov. 14, ending a relationship that dates more than two decades.

November 15, 2018