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Walmart Releases All-In-One Associate App and Gives 740,000 Associates a New Samsung Smartphone

Perry Boon06/03/2021

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Walmart Inc. (NYSE: WMT) has unveiled Me@Walmart, a new app by Walmart Global Tech for U.S. store associate that offers an exclusive destination with new features to simplify daily...

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Walmart Beats Earnings Estimates Amid Growth in Sales

Rebecca Urena05/18/2021

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Walmart (NYSE: WMT) reported its first-quarter earnings on Tuesday, topping Wall Street estimates. The company presented strong grocery sales as well as e-commerce growth and ultimately increased its outlook...

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Walmart to Acquire Virtual Fitting Room Start-Up Zeekit

Rebecca Urena05/13/202105/13/2021

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Walmart (NYSE: WMT) announced it is prepared to acquire Zeekit, a virtual fitting room start-up, as it expands its fashion division. The platform allows customers to virtually try-on clothing...

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Walmart Opposes Kanye West’s ‘Confusingly Similar’ Yeezy Logo

Rebecca Urena04/30/2021

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Walmart (NYSE: WMT) filed a complaint with the US Patent and Trademark office, regarding the potential logo for Kanye West’s “Yeezy” brand, which it claims resembles its symbol too...

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Walmart Invests in GM’s Cruise Autonomous Vehicle Company

Rebecca Urena04/15/202104/15/2021

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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...

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Walmart Poaches Two Goldman Sachs Bankers to Lead New Fintech Venture

Rebecca Urena03/01/2021

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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...

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Walmart Shares Fall Amid Earnings Report

Rebecca Urena02/18/2021

3398

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

3471

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...

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