Walmart News Updates

BusinessPrivate

Walmart Cuts 200 Corporate Jobs as Costs, Inventory Sap Profit

Walmart Inc. is eliminating about 200 corporate jobs as it contends with rising costs, bloated inventories and weakening demand for general merchandise.

August 3, 2022
Business

Walmart Hawks Refurbished Goods to Inflation-Squeezed Shoppers

Walmart Inc. has a new sales pitch for consumers contending with soaring prices: Buy used goods.

July 29, 2022
BusinessPrivate

Walmart Cuts Full-Year Profit Outlook

Walmart Inc. cut its annual profit outlook for the second time this year, citing the need to lower prices to clear out bloated inventories.

July 25, 2022
BusinessTechnologyEquipmentPrivateTop 100

Walmart Canada Adds 60-Foot Multizone Refrigerated Trailer

Walmart Canada has expanded its fleet to include for the first time in North America a 60-foot multitemperature-zone refrigerated trailer, built by Utility Trailer Manufacturing Co.

July 25, 2022
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

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