How Walmart is Leveraging Choices to Challenge Supplier

Walmart is working to cut greenhouse gas emissions along its supply chain by 1 gigaton (1 billion metric tons) by 2030, and about 400 of its suppliers have signed on to help reach this goal. They are doing it through Walmart’s Project Gigaton, which calls...

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Microsoft Reportedly in Talks With Walmart to Build Checkout-Free Stores Like Amazon Go

Even though there’s only one Amazon Go location so far, it seems the existence of Amazon’s cashier-less, checkout-free convenience store has left some of the company’s biggest competitors wondering how they, too, can get in on futuristic retail....

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CCI may suggest changes to Walmart-Flipkart deal

The Competition Commission of India (CCI) might recommend structural changes to the proposed $16-billion Walmart-Flipkart deal to address possible competition concerns, according to officials. It might al...

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Price war intensifies between Costco, Target and Walmart

You're not imaging things. Stuff is a little bit cheaper at Costco, Target, Walmart and Kroger this year. All four companies have said in recent months that they lowered prices. Costco: "Price is at the top of our list," Costco chief financial officer Ri...

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Walmart sues to bar former tax executive from joining Amazon

Walmart Inc (WMT.N) has asked a court to block a former top tax executive from joining Amazon.com Inc (AMZN.O), saying the move would violate a non-compete agreement and irreparably harm Walmart by potentially tipping off its rival to strategic plans incl...

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Price war intensifies between Costco, Target and Walmart

You're not imaging things. Stuff is a little bit cheaper at Costco, Target, Walmart and Kroger this year. All four companies have said in recent months that they lowered prices. Costco: "Price is at the top of our list," Costco chief financial officer R...

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Walmart Takes A Swig Of The $62 Billion Wine Industry With Its Own Bottling

Following in the footsteps of rivals Target, Aldi and Trader Joe’s with hipper and tonier bona fides, Walmart is launching its Winemakers Selection of private label wine to 1,100 stores. The collection, which is sourced from California, France and Italy ...

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This one image keeps Walmart up at night. Here’s what the company is doing about it

A picture is truly worth a thousand words. Speaking at a media briefing at Walmart's annual shareholders meeting this week in Bentonville, Arkansas, Chief Marketing Officer Tony Rogers highlighted an image that depicts a stark contrast between the top re...

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Can Walmart Make Its Up-Market Move Work? - OPINION

Walmart is undergoing a massive corporate makeover. With $500.3 billion in total revenues worldwide in 2018, 11,700 stores and 2.3 million associates, it is a long-term project that will take place on many fronts...

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Walmart sells 80% of its Brazilian operation to Advent Intl, will record $4.5B loss as result

Walmart’s ongoing push to cut away unprofitable or slow-growing international operations, to shore up its resources to compete against Amazon at home and in Asia on digital fronts, had another development today. The world’s largest retailer today announce...

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Sam's Club will now match Walmart's prices after furious customers complain

John Davidowsky bought a $689 television at a Sam's Club store in Scranton, Pennsylvania on May 11, and the next day, he said he saw the exact same TV advertised at Walmart— which owns Sam's Club — for $579. Sam's Club refused to match Walmart's price, D...

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Here’s the list of 63 stores Sears is closing in the ‘near future,’ and there are more coming

Sears Holdings Corp. provided a list of the 63 Sears and Kmart stores that will begin store-closing sales “in the near future,” with others likely on tap to be shuttered down the road. Its stock SHLD, -18.86% plunged 18% in afternoon trade Friday, putti...

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Walmart Unveils a Concierge Shopping Service

Walmart Inc. wants to be your personal shopper -- if you’re lucky enough to be invited. The world’s biggest retailer unveiled Jetblack, a concierge shopping service for busy urban families. For $50 a month, members can text their requests and receive sam...

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Former Walmart CEO: Amazon 'Anti-Competitive' For Using AWS, Ad Profits To Sustain Retail Business

Walmart's former CEO accused Amazon of using its cloud and ad revenues to cushion its so-called "meager" retail profits, the retail giant's former c...

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Target and Shipt launch same-day delivery in Illinois, Ohio, Wisconsin and Michigan

Target Corp. and online delivery marketplace Shipt said Thrusday they are launching same-day delivery of groceries, essentials, home, electronics, toys and other goods to select areas of Illinois, Michigan, Ohio and Wisconsin. The company is a...

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Dollar General's stock tumbles and profit, revenue and same-store sales miss expectations

Shares of Dollar General Corp. DG, -7.44% tumbled 7.4% in premarket trade Thursday, after the discount retailer reported a fiscal first-quarter profit and sales that rose less than expected. Net income for the quarter to May 4 rose to $364.9 million, or $...

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Amazon Is Expanding Whole Foods Perks to More Areas. Here's Where

Amazon is quickly ramping up its efforts to bring more perks to Prime members shopping at Whole Foods stores. The tech giant on Wednesday announced that it was expanding its Whole Foods discounts to an additional 121 stores across 12 states, including Ca...

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Walmart's future may include in-store drone assistants and smart shopping carts

Walmart has been churning out a lot of ideas behind the scenes. The big box retailer recently published a slew of patent filings that could reshape the shopping experience as we know it. While there's no guarantee any of these ideas will actually be br...

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McDonald's CEO Elected to Walmart Board

No discussion needed in Arkansas. Shareholders of Walmart Inc. (WMT) rubber-stamped a slate of 11 nominated directors, electing them to its board at an annual meeting on Wednesday, May 30, in Rogers, Ark., including Stephen J. Easterbrook, president of C...

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Amazon expands 10% off discount deal at Whole Foods to 12 additional states

Amazon today expanded its new 10 percent discounts on sale items and other special deals for Prime members at Whole Foods to 12 additional states and all Whole Foods 365 stores. The company first announced the deal earlier this month at stores in Florida....

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