Express shares soar on Walmart Bonobos deal
Shares for Express are up on Friday after the fashion apparel brand and style community bought Walmart's menswear line Bonobos for $75 million. Walmart shares are flat.
Walmart closing 4 Chicago stores, blaming millions in annual losses
Walmart is closing half of its Chicago stores by this upcoming Sunday, saying collectively the stores there “have not been profitable since we opened the first one nearly 17 years ago."
Walmart pulls pro-environment T-shirt after customers find hidden swear word: report
Walmart is pulling a seemingly innocent, pro-environment shirt after customers pointed out a swear word in its text. The company said the mistake was not intentional.
Walmart sues Capital One in credit card brawl
Walmart has filed a lawsuit against credit card partner Capital One. The retailer did so in connection to the contract it has with Capital One for the bank to issue its cards.
Walmart says its electric vehicle charger network is in works
Walmart intends for thousands of its namesake and Sam's Club stores across America to have EV chargers installed as part of the retailer's own network that it plans to build.
Walmart sees high inflation sticking around this year
Walmart expects high inflation to continue to squeeze its business this year as the retail giant begins a push to automate 65% of its workforce by 2026.
Walmart plans for 65% of stores to be serviced by automated supply chains by 2026
Walmart said Tuesday about two-thirds of its stores will be serviced through automation in the retail giant's supply chains by the end of 2026.
Walmart expects 65% of stores to be serviced by automation in 2026
Walmart is forecasting that 65% of its stores will be service by automation by the end of the fiscal year 2026, following plans to lay off more than 2,000 people.
Walmart revamps digital site as demand for e-commerce continues
Walmart announced in a blog post Monday that it is rolling out a new website design that will be more engaging for customers to use as demand for e-commerce continues.
Walmart offers Easter baskets, meals at last year’s prices as high inflation weighs on households
Walmart said it will offer Easter meals and basket essentials for under $100 to its customers as persistingly high inflation weighs on consumers' wallets.
Hidden Valley Ranch ice cream made by Van Leeuwen to sell exclusively at Walmart
Van Leeuwen Ice Cream and Hidden Valley Ranch are bringing a ranch-inspired ice cream flavor to Walmart stores starting on March 20 — National Ranch Day.
SunnyD enters hard seltzer market with vodka seltzer: 'Best news ever'
Sunny D announced in a press release that it will soon be selling a hard seltzer version of its juice beverage that will be sold at Walmart stores.
Walmart to shutter Portland locations just months after CEO’s warnings on crime
Walmart is shutting down its only two locations in Portland, Oregon, citing financial reasons. Walmart CEO Doug McMillon previously warned rampant crime could lead to store closures.
Walmart CEO plans to stay in role at least three more years
With Doug McMillon, Walmart’s 56-year-old CEO, planning to stay in the role, the company has more time to name a successor at a complex time for the retail industry.
Walmart nearly doubles number of health care centers
Walmart announced that its nearly doubling the footprint of its health centers by next year. This includes expanding into two new states and deepening its investment in Texas.
Sam’s club adding distribution centers to speed up online fulfillment
To compete with Amazon and Costco in the fulfillment space, Walmart's Sam’s Club plans to open 30 more stores that will include space to handle more e-commerce orders.
AMC's Walmart-exclusive at-home popcorn deal diversifies from theaters
AMC Entertainment on Tuesday unveiled the Walmart-exclusive upcoming launch of its at-home popcorn products, a move that helps diversify it from movie theaters.
Walmart sells Moosejaw to Dick's Sporting Goods
Dick’s Sporting Goods will purchase outdoor outfitter Moosejaw from Walmart for an undisclosed amount.
Walmart CEO on food inflation: Some is 'stubborn, mid-double digit'
Executives at Walmart on Tuesday provided their observations on food inflation the company has been seeing as they discussed the retail giant's fourth-quarter earnings.
Walmart curbs losses despite company’s ‘cautious’ 2023 outlook
The worlds largest retailer, Walmart, lowered its economic outlook on concerns about margins as consumers shop for bargains in a high inflationary environment.
















