walmart News Updates

BusinessFuel

Can You Canoo? Terms of Deal Say Walmart Can, Amazon Can鈥檛

Walmart Inc.鈥檚 deal backing an electric vehicle startup has some strings, including a provision preventing sales to rival Amazon.

July 13, 2022
BusinessTechnologyFuelAutonomous

Walmart Orders 4,500 Canoo Electric Vans

Canoo Inc. shares doubled in value after the struggling electric vehicle startup won an order for 4,500 vans from Walmart Inc.

July 12, 2022
BusinessLogisticsPrivateTCA

Walmart Expands Program That Delivers Right to Your Fridge

Walmart can now drop off groceries right into customers鈥 refrigerators via its In91视频 delivery service in several large metropolitan areas, the retailer announced July 6.

July 7, 2022
BusinessLogisticsPrivate

Walmart Announces New Charges for Suppliers

Walmart Inc. is hitting some suppliers with two new charges as it struggles to soften the blow of surging transportation costs.

July 6, 2022
BusinessEquipmentPrivate

Walmart to Add Four E-Commerce Warehouses to Speed Deliveries

Walmart Inc. announced plans to build what it said would be a 鈥渉igh-tech鈥 fulfillment center in Joliet, Ill., which is 45 miles southwest of Chicago.

June 3, 2022
BusinessTechnologyLogisticsPrivate

Walmart, Others Amass $45 Billion in Extra Stuff to Sell

Big retailers rushed to build up inventories last year amid soaring consumer demand and transportation bottlenecks 鈥 going so far in some cases as to rent their own cargo ships. Now, they鈥檙e trying to figure out how to sell all their stuff.

May 31, 2022
BusinessTechnologyAutonomousPrivateTCA

Walmart Expands Drone Delivery in Six States

Walmart soon will expand its drone delivery program across six states: Florida, Arizona, Arkansas, Texas, Utah and Virginia. Drone hubs will be set up at 34 sites by the end of the year.

May 25, 2022
BusinessPrivate

Walmart Profit Drags as Inflation Takes a Bite

NEW YORK 鈥 Walmart reported stronger sales for the first quarter, but its profit took a beating as the nation鈥檚 largest retailer grappled with surging inflation on food and fuel and higher costs from a snarled global supply chain.

May 17, 2022
BusinessPrivate

Walmart鈥檚 Driver Pay Boost Goes Beyond Miles Driven

Walmart Inc. made a big splash recently with the news that it was boosting its overall pay package for first-year drivers to as much as $110,000 a year. But its new compensation package for drivers of all experience levels covers more than just pay per mile.

April 26, 2022
BusinessTechnologyFuelLogisticsAutonomous

Walmart Will Run Forklifts on 鈥楪reen鈥 Hydrogen in Plug Power Deal

Plug Power Inc.鈥檚 bid to become a major supplier of carbon-free hydrogen just won the backing of one of the company鈥檚 oldest customers: Walmart Inc.

April 19, 2022