Walmart News
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Walmart Inc., wary of Amazon.com Inc.’s encroachment into the grocery space, is revamping the produce department in its U.S. stores.
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Walmart has agreed to drop a lawsuit against Tesla filed because of a rash of solar panel fires installed by SolarCIty a subsidiary of Tesla. The suit is dropped in a new filing with the New York State Supreme Court.
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Walmart is considering a sale of its video streaming service Vudu.according to a recent report. It is not known how much the company expects to sell the service for nor whether is has hired bankers to help with the sale.
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Citing regulatory complexity and uncertainty regarding the products an internal memo indicates the company will stop sales after they sell off their present inventory. The decision was confirmed by Walmart in a statement to the Verge.
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Walmart, the world's largest retailer, announced Friday that it will discontinue e-cigarette sales in its stores after a rash of vaping-related deaths and illnesses.
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Kroger followed Walmart’s lead Tuesday in banning customers from openly carrying weapons in its stores even in states that allow it, a spokeswoman said.
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Walmart has increased its full-year guidance after notifying the stock market of second-quarter earnings which exceeded market analysts’ expectations. Much of this was driven by a growth in online sales, signalling further transformation to come.
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By AFP
New York -
Despite two deadly shootings at its stores in less than a week, American retail giant Walmart has no plans to stop selling guns and ammunition, a spokesman said Sunday.
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A 21-year-old white man from Allen, Texas, is in police custody after a shooting at an El Paso shopping center that killed 20 people and left 26 others injured, according to El Paso Police Chief Greg Allen.
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Walmart has paid out $282 million to settle several allegations of overseas corruption. These include channeling more than $500,000 to an intermediary in Brazil in relation to construction projects.
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Some workers at Walmart are uncomfortable working alongside robots, due to the types of work tasks that the robots have taken away from the humans and the monotonous work environment the deployment of robots has created.
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It could be that Walmart is telling Amazon that "anything you can do, I can do better," after Amazon announced its one-day free delivery for Prime members. Walmart took to Twitter, teasing "one-day free shipping without a membership fee."
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New York -
Walmart has presented its vision for the retail store of the future, a space where the major commerce giant can test out various emerging technologies, including artificial intelligence and new displays.
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Walmart is doubling down on adding robots to its stores. These machines include autonomous floor cleaners, shelf-scanners, conveyor belts, and "pickup towers."
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Walmart has recently seen earnings growth, much of this fuelled by online growth and based on investments in its workforce. This means, according to Micah Rowland of Fountain, Walmart starting to challenge Amazon online.
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Walmart is preparing to launch a low-cost tablet, under its ONN brand, and equipped with Android technology. The tablet will be made by a Chinese manufacturer to be shipped to the U.S.
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Walmart Inc, the world's largest retailer, is taking on marketing titans Amazon.com Inc, Alphabet Inc’s Google and Facebook Inc by consolidating advertising sales for its stores and websites in a bid to increase profits.
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Brain Corp recently announced it will provide AI services to the world’s largest retailer, Walmart, by rolling out over 360 BrainOS-powered floor scrubbers in stores nationwide by the end of its fiscal year. Brain Corp explain more.
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Walmart has reported very strong fourth-quarter results. As well as showing sales success, Walmart is investing heavily in e-commerce to compete with Amazon. Digital Journal discusses the digital success behind Walmart's earnings with three experts.
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Walmart hare recently announced 43 percent increase in e-commerce sales that was fueled by increased investment in digital assets. This places Walmart in a stronger position to challenge Amazon. Keith Ryu, CEO of Fountain looks at what’s been happening.
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By AFP
Vilnius -
Members of the European Parliament on Friday called on Amazon CEO Jeff Bezos to stop selling Soviet-themed merchandise on the global online shopping platform insisting that it is offends victims of the regime, according to an open letter.
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Walmart, which has pioneered various forms of retail technology, is opening an experimenting store in Texas to test out different types of retail technology based on a mobile-first approach. If successful, the technology will be rolled out more widely.
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Amazon will raise the wages of over 250,000 minimum wage employees to $15 an hour. This is more than twice the present federal minimum wage of $7.25 an hour. The wage hike goes into effect on November 1.
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Walmart, Amazon's biggest rival in online shopping, increased its minimum wage back in 2016. That same year, the retailer saw a boost in sales, which the CEO attributed to the pay raise.
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Walmart and its membership-only retail warehouse Sam’s Club will require leafy greens suppliers to implement real-time, farm-to-store tracking systems using blockchain technology.
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About two weeks ago, Walmart Inc sent a letter to U.S. Trade Representative Robert Lighthizer. The company warned that American consumers will end up being the ones hurt by the $200 billion in new tariffs on Chinese goods.
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By AFP
Vilnius -
Lithuania on Friday urged American retail giant Walmart to stop selling T-shirts and hoodies with Soviet hammer and sickle symbols, insisting that the image insults victims of often deadly Soviet-era persecution.
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Will the adoption of technology from Microsoft mean the end of checkout lines at Walmart, not to mention the loss of cashier jobs? New technology has the potential to make this happen.
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Bangalore -
The board of Flipkart On Line Services has approved an agreement that will see it sell about three quarters of the company to Walmart Inc. for approximately $15 billion according to people familiar with what is happening.
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Atlanta -
Walmart will partner with delivery service DoorDash to provide its online grocery delivery service. The service will begin in Atlanta Georgia but the company hopes it will expand throughout the United States.
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Walmart Image
Walmart on Campus. University of Arkansas, Fayetteville, Ark.
WalMart is being criticized for sourcing bottled water in drought-hit California. — Photo shows WalMart's 35 bottle Value packs of purified drinking water, 16.9 fl oz, 35 count. Digital Journal
Sam Walton's office in Walmart Visitor Center. Bentonville, Ark.
Buses shuttled shareholders around Northwest Arkansas. In front of Benton County Courthouse, Bentonville, Ark.
Aftermath of May 22 tornado in Joplin, MO. Courtesy of Grant Deardorff
The Walmart in Caguas, Puerto Rico is one of five Walmart facilities on the island equipped with solar panels. Walmart Corporate
Protest at Walmart store Shannon Watson
Walmart Shareholders' Meeting shuttle bus at Walmart on Campus. Fayetteville, Ark.
"Either consumers will pay more, suppliers will receive less, retail margins will be lower, or consumers will buy fewer products or forego purchases altogether," Walmart said. Daniel Christensen (CC BY-SA 3.0)
2011 Walmart Shareholders' Meeting. Bud Walton Arena. University of Arkansas, Fayetteville, Ark.
Walmart store Wal-Mart Stores, Inc.
VEGAS: The casino-lined Las Vegas strip. Lasvegaslover/Wikimedia Commons
Walmart Visitor Center. Bentonville, Ark.
Walmart on Campus. University of Arkansas, Fayetteville, Ark.
You can't fix stupid. Bruce White
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