Tags: WalMart
Walmart Reports 4.8% Revenue Growth, Driven by Rising Consumer Spending
Walmart's Q2 revenue hit $169.34 billion, exceeding expectations, with a 4.8% increase from last year and a 9.8% rise in adjusted earnings per share.
Walmart Eyes $200 Million Investment in Autonomous Forklifts
Walmart is considering a $200 million investment in autonomous forklifts, joining their 'FoxBots,' to enhance warehouse efficiency and reduce labor costs.
Amazon Prime Day 2024 Projects $14 Billion Profit, Data Analytics Say
With Amazon’s Prime Day merely hours away, Adobe Analytics data is expecting that the retailer would receive a $14 billion paycheck.
Top CEOs, Including Apple and Walmart, Skip 2024 Presidential Donations
Over 100 Top CEOs from America's largest companies avoided financially supporting major party candidates in the 2024 presidential race, with most focusing contributions on congressional campaigns instead.
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A Florida man was arrested and faces felony charges after admitting to shooting a Walmart delivery drone that he claimed flew over his residence.
Walmart Canada has deployed its first hydrogen fuel cell-powered Nikola Tre truck, becoming the first major retail chain in North America to introduce a hydrogen fuel cell electric semi truck to its fleet.
Jake Paul is entering a new industry. The YouTuber boxer officially launched its own men's personal care line, thanks to Walmart's help.
Walmart opposes a new New York law requiring panic buttons for retail worker safety, citing concerns over potential false alarms, despite the legislation being passed by the state Senate and Assembly and awaiting the governor's signature.
Walmart introduced a bonus scheme for 700,000 hourly workers in the US. (Photo : Unspoken Alliances: Was Mogul Press the Secret PR Powerhouse Behind Walmart's Recent Triumphs?) Walmart launched a new bonus program for about 700,000 hourly employees working at its locations in the United States, as announced on Wednesday, June 5.
Walmart revealed that its self-checkout machines have overcharged its customers with an average of 1.88% of all the total amount of items, with around 80% of those affected already being reimbursed.
Walmart has ended its partnership with Capital One, the issuer of its consumer credit cards, following a legal dispute over service delays, with existing cardholders unaffected and a search for a new banking partner underway.
Walmart plans to invest around $700 million in Guatemala over the next five years. Walmart is set to invest around $700 million in Guatemala over the next five years, the company's Central America head, Cristina Ronski, announced on Wednesday.
Walmart's position as America's top retailer is in jeopardy following the announcement of significant layoffs and the mandate for remote employees to return to the office, signaling potential internal struggles and increased competition.
While Walmart is laying off employees in the US, its Philippine supplier is doing the opposite, starting to hire thousands of factory workers.