Walmart News Updates

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

May 17, 2022
BusinessPrivate

Walmart’s 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 ‘Green’ Hydrogen in Plug Power Deal

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

April 19, 2022
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

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