Walmart and DroneUp Scale Back Drone Delivery Operations
Walmart (NYSE: WMT) and its partner DroneUp are significantly reducing their drone delivery operations, discontinuing services in Phoenix, Salt Lake
Read more
Walmart
Walmart Settles $45 Million Class-Action Lawsuit over Alleged Overcharging
Retail giant Walmart (NYSE: WMT) has agreed to pay $45 million to settle a class-action lawsuit that accused the company
Read more
Walmart Reveals Plans to Automate 65% Of Stores After Announcing Layoffs
American retail giant Walmart Inc (NYSE: WMT) said this week that it plans to equip about 65% of its stores
Read more
The Fun Is Over: Walmart Closes Office Locations, Ends Remote Work for Tech Staff
The tech sector expansion is no more: thanks to a looming recession, major US companies are cutting employee count, shuttering
Read more
Goodbye Discretionary Spending: Evidence of an Economic Slowdown From Walmart, Apple, and Amazon
It’s no secret that the days of discretionary spending are over. With consecutive declines in real wage growth, dried up
Read more
Watch Out, Walmart! Kroger Reportedly In Merger Talks With Albertsons
Kroger (NYSE: KR) is discussing a merger with rival Albertsons (NYSE: ACI) according to people familiar with the subject, in
Read more
Starting ‘Em Young: Walmart Joins The Metaverse Through Roblox, Kids Can Buy ‘Verch’
Walmart (NYSE: WMT) is joining the metaverse with two immersive experiences on Roblox (NYSE: RBLX), the online gaming platform. America’s
Read more
Pulling An(other) Amazon: Walmart Strikes Video-Streaming Deal To Offer Paramount+ To Walmart+ Members
Walmart (NYSE: WMT), America’s leading retailer, has reached an agreement with Paramount Global (NASDAQ: PARA) to offer its video streaming
Read more
Walmart Adjusts Grim Earnings Outlook Following Strong Q2 2023 Financials
Walmart Inc. (NYSE: WMT) reported Tuesday its financial results for fiscal Q2 2023 ended July 31, 2022. The report highlighted
Read more
Walmart Laying Off Corporate Employees Amid Dismal Profit Outlook
America’s bellwether retailer Walmart (NYSE: WMT) is downsizing its workforce, following a less-than-ideal profit outlook as surging inflation weathers away
Read more