Walmart News Updates

BusinessPrivate

Walmart Reports Strong Q2 on Low-Price Model

NEW YORK — Walmart reported strong second-quarter sales results as the retailer’s low-price model continues to attract budget-conscious consumers in a tough economic environment.

August 17, 2023
BusinessPrivate

Walmart Seen Gaining More Than 30% Over the Next Year

Walmart Inc. shares could surge more than 30% in the next 12 months as the shopping behemoth continues to gain market share even as grocery inflation eases, according to Piper Sandler.

July 25, 2023
BusinessFuelPrivateTCA

Walmart Announces Sustainability Initiatives

Walmart announced June 1 it will take steps to reduce the amount of plastic and cardboard it puts in the waste stream from online orders and reduce vehicle emissions from delivery of packages.

June 2, 2023
BusinessPrivate

Walmart Stock Outperforms Target

Walmart shares are outshining those of Target as Wall Street anticipates the shopping behemoth’s broad array of household necessities will offer shelter from slowing economic growth.

May 19, 2023
BusinessEquipmentPrivate

Walmart Boosts Outlook After a Strong First Quarter

NEW YORK — Walmart reported a strong first quarter and boosted its outlook for the year as the nation’s largest retailer continues to draw budget-conscious consumers.

May 18, 2023
BusinessTechnologyEquipmentFuelPrivate

Walmart to Expand EV Charging Network to Thousands of Stores

Walmart Inc. plans to add thousands of electric vehicle charging stations by 2030 to make it easier for motorists to pivot away from cars powered by fossil fuels.

April 6, 2023
BusinessTechnologySafetyAutonomousPrivate

Walmart Bets on Automation, Dangles Profit Potential

Walmart Inc. is betting on greater supply chain automation and hinting that a recent investment binge might lift profit beyond the retailer’s stated long-term goals.

April 4, 2023
BusinessTechnologyLogistics

Walmart’s Job Cut Tally Tops 2,000 in E-Commerce

Walmart Inc.’s job cuts at five U.S. e-commerce fulfillment centers will affect more than 2,000 positions, according to regulatory filings.

April 4, 2023
BusinessTechnologyEquipmentLogistics

Walmart Launches New Online Look

Walmart Inc. has been pouring investment into its e-commerce operation for years in an effort to catch up with Amazon .com Inc. Now it’s trying to boost its appeal with a new online look.

April 3, 2023
BusinessTechnologyAutonomousPrivate

Walmart Cuts Staffing Levels at Some E-Commerce Warehouses

Walmart Inc. is cutting staffing levels at some e-commerce fulfillment centers in the U.S. as the nation’s largest private-sector employer steps up investment in automation.

March 23, 2023

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