walmart

Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in 1962 and incorporated on October 31, 1969.

(source: corporate.walmart.com)

Walmart CFO: Shoppers Replacing Fast Food With Groceries
Walmart CFO: Shoppers Replacing Fast Food With Groceries
May 16, 2024  |  Walmart

Walmart’s grocery business is reportedly benefiting from the high price of fast food. The retailer’s chief financial officer, John David Rainey, told CNBC Thursday (May 16) that it’s...

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Walmart’s Q1 Earnings Show Caution On Consumer Spending
Walmart’s Q1 Earnings Show Caution On Consumer Spending
May 16, 2024  |  Earnings

Walmart reported better than expected Q1 earnings Thursday (May 16) but that’s not the most important story. The earnings announcement and subsequent analyst call showed...

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Walmart’s Luminate Data Platform Goes International
Walmart’s Luminate Data Platform Goes International
May 16, 2024  |  Walmart

Three years after its launch in the United States, Walmart Luminate, the retailer’s insights solution, is being rolled out worldwide. Walmart’s data analytics product suite will be...

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Walmart Reportedly Slashing Jobs and Ending Remote Work
Walmart Reportedly Slashing Jobs and Ending Remote Work
May 14, 2024  |  Walmart

Walmart is reportedly eliminating hundreds of corporate jobs and ending most remote work. That’s according to a report late Monday (May 13) by the Wall...

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Small Retailers Struggle to Bounce Back From the Pandemic
Small Retailers Struggle to Bounce Back From the Pandemic
May 13, 2024  |  Retail

As many small- to medium-sized businesses (SMBs) have spent the last year recovering from the impact of the pandemic, mom-and-pop retailers have struggled to regain...

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CPG Subscriptions Eat Into Walmart’s Grocery Share
CPG Subscriptions Eat Into Walmart’s Grocery Share
May 13, 2024  |  Subscriptions

Increasingly, when consumers go to the grocery store, it is just to buy food, such that leading grocery retailers are losing share of center-aisle products to eCommerce...

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Walmart Teams With Disney in Race Against Amazon for Streamers’ Spending
Walmart Teams With Disney in Race Against Amazon for Streamers’ Spending
May 10, 2024  |  Retail

As retail behemoths Amazon and Walmart compete for consumers’ spending, both are turning to video streaming ads to open up new sales opportunities and drive...

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Affirm Credits Mid-Market With Q3 ’24 Earnings Gains
Affirm Credits Mid-Market With Q3 ’24 Earnings Gains
May 08, 2024  |  Earnings

Although it didn’t address two big elephants in the room, buy now, pay later company Affirm rode solid advancements in its debit card and gross...

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Walmart and Amazon Expand Private-Label Plays to Compete in Grocery
Walmart and Amazon Expand Private-Label Plays to Compete in Grocery
May 03, 2024  |  Retail

As Amazon looks to close the gap with Walmart in grocery, both retail giants are seeing the opportunity to win over shoppers with their private-label brands. Walmart announced Tuesday (April 30) the...

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