General Business

Walmart is quietly making ready to enter the metaverse

A shopper carries a bag in front of a Walmart store in San Leandro, California on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Walmart appears to be venturing into the Metaverse with plans to create its own cryptocurrency and collection of non-fungible tokens, or NFTs. The major retailer filed several […]

General Business

Walmart ought to be beneath tighter scrutiny due to firing of worker with Down syndrome, EEOC says

Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey. Walmart saw profits jump last quarter as e-commerce sales soared during the coronavirus pandemic. Press DISPLAY | Corbis News | Getty Images A jury found Walmart broken the law when it laid off a longtime employee with Down syndrome. Now […]

General Business

Walmart launches supply enterprise to attach different native retailers with shoppers

Walmart announced Tuesday the launch of a delivery service called GoLocal that will move goods from other local retailers to consumers. The company said it expects delivery to begin in late 2021 and that the delivery fleet will include newer technologies like self-driving vehicles and drones. “It’s about bringing the skills we at Walmart have […]

General Business

Walmart (WMT) earnings Q2 2022

A mask buyer makes a purchase at a Walmart store in Hallandale Beach, Florida on May 18, 2021. Joe Raedle | Getty Images WalmartSecond-quarter earnings exceeded Wall Street expectations on Tuesday as the retail giant gained ground in its grocery store and had a strong start to back-to-school sales. The discounter also tightened its forecast […]

General Business

Walmart to promote e-commerce know-how to smaller retailers

Just as Amazon Web Services is the profit center that serves a large part of Amazons other shops, Walmart CEO Doug McMillon became increasingly interested in expanding his company’s profit pools beyond the core business of retailing. Starting Wednesday, small and medium-sized retailers will be able to acquire technology developed by Walmart that enables shoppers […]

Style

Saweetie Redefines Errand-Operating Fashion in Lace Jumpsuit & Pumps for a Journey to Walmart

Saweetie is known for rocking bold looks on the red carpet and on stage, but the rap star has just taken her daring style to a new and funky place: Walmart. Over the weekend, Saweetie went on Instagram to promote the Kiss Colors Edge Fixer Glued product and shared a video of her driving around […]

Money

Cramer’s Mad Cash Recap: Walmart, Norwegian, Disney

The baton was passed down to the travel and leisure names from the holdings-at-home stocks, Jim Cramer told Mad Money viewers Tuesday. But it’s not too late to take advantage of the switch, added Cramer, as many of these stocks are just getting started. Tuesday we heard from a number of retailers, including Walmart ((WMT) […]

General Business

Walmart (WMT) earnings This autumn 2021 miss expectations

Walmart A fourth quarter result was reported on Thursday that fell short of Wall Street’s expectations as the retailer seeks to convert the strength of its e-commerce business into lasting momentum and higher profits through increased investments during the pandemic. Shares fell more than 5% in premarket trading as investors reacted to the retailer’s warning […]

Money

A Gainesville man hits girlfriend with automobile after spat over cash at Walmart

GAINESVILLE, Fla. (WCJB) – Police arrested a man for attempted murder after attempting to run over his child’s mother at a Walmart in Gainesville. Gainesville Police Department said Ricky Walker and his girlfriend fought for money at Walmart on SW 42nd St. Wednesday night. After the fight, the 58-year-old man got into his car, turned […]

General Business

Walmart donates $14 million as a part of pledge to advance racial fairness

Doug McMillon, CEO of Walmart. Adam Jeffery | CNBC After the protests by George Floyd Walmart Committed Increase diversity within our own ranks and contribute $ 100 million over five years to contribute to the fight against systemic racism across the country. On Monday, the company gave an update on these efforts. Walmart and its […]