Walmart Inc. is big in almost every way — 4,755 stores, 1.5 million employees and $380 billion in revenue in the United States alone. But one part of the world’s largest retailer remains minuscule. “We have a tiny ad business,” CEO Doug McMillon told investors in October. “It could be bigger.”
February 11, 2019Latest News Updates From Matthew Boyle
Walmart Wants to Expand Reach in Online Advertising
Walmart Revamps Employee Sick-Leave Policy
Walmart Inc. is making sweeping changes to its employment policies this month, granting paid sick leave to hourly workers in the United States, and, at the same time, possibly making it easier to fire those who miss too many shifts.
February 1, 2019Amazon, Target Waive Minimum Purchase for Free Holiday Shipping
Amazon.com and Target Corp. have opened the floodgates on free shipping. Recent moves by the retailers to eliminate minimum-purchase amounts for free shipping have boosted the share of online orders that get delivered gratis, according to data from retail analytics company DynamicAction.
November 20, 2018Walmart Surpasses Amazon as Online Shoppers’ Most Popular Grocer
Look out, Amazon: Walmart is coming to steal your lunch — and maybe dinner too. The world’s largest retailer has surpassed the e-commerce giant in a survey of online food shoppers, more of whom said they most recently visited Walmart’s site for groceries.
November 6, 2018Target Expands Free Delivery to Seize Market Share Opportunity
Target Corp. is expanding perks like free two-day delivery to snag as much as possible of the $100 billion in sales the company sees up for grabs from retailers that have gone under.
October 23, 2018Walmart Unveils High-Tech Grocery Warehouse
Walmart Inc. is building a high-speed grocery warehouse to solidify its position as the nation’s biggest grocer.
October 18, 2018Walmart Gives Jet.com Facelift With Eye on Urban Shoppers
Walmart Inc. has refurbished its Jet.com site to cater even more to the city dwellers who make up the bulk of its shoppers.
September 13, 2018Walmart Doubles Spending in Battle for Truckers
Walmart Inc., pinched by the worsening shortage of truckers, plans to double its spending on attracting and retaining drivers by year-end.
September 10, 2018Walmart Bounces Back With Best Sales in More Than a Decade
Walmart Inc. bounced back from a lackluster start to the year with the strongest sales gain in more than a decade fueled by its grocery business, brightening the outlook for the overall retail sector. The stock jumped as much as 11%, the most intraday since October 2008.
August 16, 2018Walmart Relaxes Deadlines for Some Deliveries Amid Driver Crunch
Walmart Inc. has relaxed deadlines for some supplier deliveries just months after tightening them, easing pressure on manufacturers who are grappling with a driver shortage.
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