Walmart to Make $1.5B Investment in Mexico, Central America
March 9, 2023
Walmart is seeking to revitalize its business in Mexico and Central America with a $1.5 billion investment in its business. The investment would mark a
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Walmart Plans to Double Number of Health Clinics
March 3, 2023
Walmart plans to open 28 new healthcare centers in the U.S. in 2024, doubling its total number of locations to more than 75. The health
Walmart Raises Hourly Wage for US Workers
January 24, 2023
Walmart is raising the hourly wage of U.S. store workers amidst continued tight labor conditions in the retail sector. Starting next month, the retailer will
Walmart Launches Drone Delivery in Arizona, Florida and Texas
December 19, 2022
Walmart’s same-day drone delivery service is now live in parts of Arizona, Florida, and Texas. The service is currently accessible to customers within a one-mile
Walmart Rolls Out Text to Shop Feature
December 15, 2022
Walmart is launching its Text to Shop feature for iOS and Android users more than a year after its pilot test that focused on creating new conversational
Walmart to Roll Out Buy Now, Pay Later Solution in 2023
December 12, 2022
Walmart-backed fintech startup, One, is looking to launch its own buy now, pay later (BNPL) solution as soon as next year. The solution will provide
Walmart CEO Warns of Higher Prices, Store Closures if Shoplifting Problem Persists
December 6, 2022
Walmart CEO Doug McMillion warned that a rise in shoplifting across the company’s U.S. stores could lead to higher prices for customers and store closures.
Walmart Raises Forecast, Announces $20B Share Buyback Program
November 16, 2022
Retail giant Walmart has announced a $20 billion share buyback program and has lifted its annual forecast, with demand for grocery products holding up even
Walmart Taps Influencers For Driving Holiday Sales With Its Creator Program
October 19, 2022
Walmart has announced the launch of its beta creator program, Walmart Creator, which allows influencers and social media creators to monetize the promotion of the
Kroger To Acquire Rival Grocer Albertsons For $24.6 Billion
October 14, 2022
Kroger is planning to buy smaller rival Albertsons in a $24.6 billion deal that would see the formation of a grocery giant posing considerable competition