Walmart

A fake Walmart Facebook account posted a Walmart gift-bag giveaway Tuesday in order to celebrate going plastic-free by the end of the year.

According to data from Wells Fargo, Amazon's U.S. sales of clothing and shoes, including third-party sellers, grew 15% in 2020 to $41 billion. The increase represents 11-12% share of all apparel sold in the U.S. and 34-35% share of all apparel sold online. 

Walmart Canada has partnered with Ghost Kitchen Brands to open a restaurant where customers can order meals, but only for pickup or delivery.

Big box retailers have thrived during the coronavirus pandemic as they were deemed essential and allowed to remain open, but Sam's Club is winning against Costco and BJ's on the digital landscape, according to a new report from app intelligence firm Apptopia. 

The company will focus its investment on domestic manufacturers that produce plastics, textiles, small electrical appliances, food processing, and pharmaceutical and medical supplies.

Omer Ismail, a Goldman partner and the head of its Marcus consumer unit, is leaving the bank to run a recently announced Walmart financial-technology startup.

The company accelerated the development of this service to nearly 1,000 stores in early May when widespread lockdowns kept virus-weary consumers at home and out of stores. 

Walmart Inc. reported a disappointing fourth-quarter profit and warned that sales growth would slow in the current fiscal year. 

The Arkansas-based retailer, which also owns and operates Sam's Clubs, will assess the status of its facilities and will only continue to operate "as long as it is safe to do so," Walmart wrote. 

The Black is Beautiful initiative is aimed at raising awareness to the injustices that many people of color face daily.

The company took population density, customer demographics, infection rates and availability of local health care resources into consideration when identifying participating locations.

The TikTok deal—which had been driven by then-President Donald Trump—has languished since last fall in the midst of successful legal challenges to the U.S. government’s effort by TikTok’s owner, China’s ByteDance Ltd.

President Biden on Tuesday said he supported a proposal from House Democrats that would send $1,400 stimulus checks to Americans earning up to $75,000 annually.

President Biden and Treasury Secretary Janet Yellen will meet with some of the nation's top chief executives including JPMorgan Chase's Jamie Dimon and Walmart's Doug McMillon on Tuesday to drum up support for his nearly $2 trillion coronavirus relief package. 

As the nation gears up for expanded access to COVID-19 vaccines, pharmacies such as CVS and Walgreens are stepping up security efforts against so-called “scalper bots” eagerly waiting to stockpile vaccine appointment slots.

The report is urging U.S. regulators to set maximum levels permitted in baby foods and to require manufacturers to test finished products for heavy metals

Behind GameStop's stock surge is the grim reality of its prospects: The video game retailer is floundering even as the industry around it is booming.

The funds are part of a larger commitment by Walmart and the Walmart Foundation to donate $100 million through grants over five years through a Center for Racial Equity in an effort to advance racial equity.

The U.S. fell far short of its initial goal of inoculating 20 million people by the end of 2020, with health departments, hospital systems and long-term-care facilities beset by supply-chain bottlenecks, vaccine hesitancy and confusing, scattershot systems for making appointments.

Walmart Connect, formerly Walmart Media Group, will focus on three strategic areas that it hopes will position it to "become one of the top ten advertising platforms in the US over five years."