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Walmart Invests in GM’s Cruise Autonomous Vehicle Company

Rebecca Urena04/15/202104/15/2021

2602

Walmart (NYSE: WMT) announced it is investing in Cruise, a self-driving vehicle company primarily owned by General Motors’. Despite not detailing the size of the investment, the deal is...

Investing News Market News Retail Technology The Market Buzz

Walmart Poaches Two Goldman Sachs Bankers to Lead New Fintech Venture

Rebecca Urena03/01/2021

2926

Walmart (NYSE: WMT) has recruited two Goldman Sachs bankers to lead its new fintech start-up, as the company expands beyond retail and into the banking world as a means...

Investing News Market News Retail The Market Buzz

Walmart Shares Fall Amid Earnings Report

Rebecca Urena02/18/2021

3357

Walmart (NYSE:D WMT) reported positive fourth quarter earnings on Thursday. However, the company fell short of Wall Street’s adjusted earnings per share estimate. The retail giant cautioned investors that...

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Walmart to Build Automated Fulfillment Centers Within Stores

Rebecca Urena01/27/2021

3424

Walmart (NYSE: WMT) announced Wednesday that as a means to accelerate online sales delivery and curbside pickup, it will be creating small-automated warehouses within dozens of its locations. The...

Investing News Market News Technology The Market Buzz

Walmart’s E-Commerce Chief Marc Lore to Retire

Rebecca Urena01/15/2021

3482

Walmart’s (NYSE: WMT) current e-commerce chief Mac Lore has revealed he is leaving the retail giant almost five years after joining in an effort to hasten its online growth....

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Walmart Introduces New Smart Cooler Delivery Method

Rebecca Urena01/12/202101/12/2021

3087

Walmart (NYSE: WMT) revealed it is preparing to test another convenient delivery method which includes dropping groceries off to a smart cooler on customer’ front porch. Currently, the company...

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Walmart and Always® Work Together with Olympic Gold Medal Gymnast Laurie Hernandez to Support Girls in Sports

Nikita Medvedev01/05/2021

3334

Walmart and Always team up with Olympic gold medalist Laurie Hernandez to encourage girls to stay in sports as it will help shape who they become. Millions of girls...

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Walmart+ to Discontinue Minimum Charge on Orders

Rebecca Urena12/02/202012/02/2020

7239

Walmart’s (NYSE: WMT) CEO Doug McMillon revealed that the retailer intends to expand its membership program, Walmart+, however it is not willing to forfeit customer experience for growth. Starting...

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Walmart Reports Earnings Beat Amid Surge of Online Sales

Rebecca Urena11/17/2020

16216

Walmart (NYSE: WMT) reported better than expected third quarter earnings as U.S. online sales surged 79% amid the ongoing pandemic. Additionally, during the third quarter, Walmart launched its Walmart+...

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Walmart Scraps Contract with Robotics Company

Rebecca Urena11/03/202011/03/2020

3059

Walmart (NYSE: WMT) has ended its contract with Bossa Nova Robotics, which provided some locations with robots that scanned shelves for inventory. The multinational retail corporation opted to replace...

Tag: WMT

Walmart Invests in GM’s Cruise Autonomous Vehicle Company

Walmart Poaches Two Goldman Sachs Bankers to Lead New Fintech Venture

Walmart Shares Fall Amid Earnings Report

Walmart to Build Automated Fulfillment Centers Within Stores

Walmart’s E-Commerce Chief Marc Lore to Retire

Walmart Introduces New Smart Cooler Delivery Method

Walmart and Always® Work Together with Olympic Gold Medal Gymnast Laurie Hernandez to Support Girls in Sports

Walmart+ to Discontinue Minimum Charge on Orders

Walmart Reports Earnings Beat Amid Surge of Online Sales

Walmart Scraps Contract with Robotics Company

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