The increase will replace the annual increase employees normally receive in February or April, Walmart Chief Operating Officer Dacona Smith said.
The proposed expansion will allow the company to take on rivals like Walmart and Target, who have been able to offer same-day delivery of online orders to customers through their brick-and-mortar stores.
Under the retailer's new subscription service, which reportedly had been delayed multiple times due to the pandemic, shoppers will receive unlimited free delivery on more than 160,000 items from stores (shoppers must spend a minimum of $35), fuel discounts and "access to tools" that are said to make shopping even faster, according to Walmart.
The holidays will be here before you know it and already retailers are making changes to shopping plans. Here is the full list of who's closed for Turkey Day and how they are reinventing their Black Friday and holiday deals this shopping season
As voting rights organizations have warned of poll worker shortages -- largely due to the coronavirus pandemic -- companies have banded together to bolster the recruiting process and make voting easier for employees across the country.
The retail giant partnered with Flytrex, an end-to-end drone delivery company, to deliver select grocery and household essential items.
Walmart announced it will install the pods at 100 locations by the end of the year.
Could eggless omelets be the next food to see an "eggs-plosion" of consumer interest?
The Indian e-commerce company Flipkart launched a wholesale service for small businesses on Wednesday.
The big-box retailer has given only a vague rationale for why it would want TikTok, but it appears to boil down to its vast audience of young people.
TikTok is in play with the Microsoft- Walmart bid still in the lead
Walmart and Microsoft are joining forces on a bid for TikTok's US assets.
Big-box retailers enjoying strong sales and profits over the last couple of weeks partially attribute their success to pre-COVID-19 pandemic efforts to take on e-commerce giant Amazon.
Americans have faced many stresses in the pandemic, of which paper-towel scarcity is hardly among the worst. Yet the forces behind the shortage nearly six months into the crisis help explain the broad lack of U.S. preparedness that has made the pandemic worse than it might have been.
Quarterly earnings released this week by major retailers revealed consumers are spending less on food and essentials and more on furniture, electronics and other big-ticket items.
Walmart CEO Doug McMillon said Wednesday he hopes the U.S. and China will build a "collaborative" relationship as the coronavirus pandemic threatens to blow up the countries' recent trade agreement.
Walmart profit surged 79% year-over-year in the three months through June as e-commerce sales increased by 97%.
More than 4,000 of Walmart's 4,700 locations will extend their closing time.
The Retail Industry Leaders Association (RILA), said on Friday it has joined over a dozen trade groups to form a coalition to fight counterfeit goods on online platforms such as Amazon.com Inc
The move helps Walmart, which is locked in an arms race with Amazon and others to expand fresh-food delivery, to further tap into one of the fastest-growing e-commerce sectors, one that has become even more vital during the coronavirus pandemic.