Walmart announces layoffs amid lower profit forecasts
Walmart confirmed Wednesday it is laying off corporate workers after lowering its profit forecasts as inflation takes its toll on the company's business.
Ohio man ditches teaching job in favor of higher pay at Walmart: 'Not using my degree'
Seth Goshorn abandoned his $43,000-per-year teaching job in favor of a $55,000-per-year manager gig at Walmart, the Ohio man announced in a now-viral TikTok video.
Walmart cuts apparel prices, says inflation forcing customers to spend on food, gas
Walmart has a surplus of apparel products due to shoppers switching focus to essentials like food and gasoline thanks to inflation, forcing the company to cut prices.
Walmart cuts Q2, full-year profit forecasts, citing inflation shares fall
Walmart lowered its profit outlook for both the second quarter and the full year, pointing to soaring costs for both food and fuel as inflation rages.
Inflation pushes consumers to consider private labels over name brands
With inflation impacting everyone, consumers are now re-thinking what products they are buying at the store and even reaching for more in-house brands, experts say.
New mom claims Walmart fired her after she complained they did not provide adequate space to pump breast milk
A woman is suing Walmart, claiming they did not give her proper accommodations to pump breast milk at work, and then fired her after she complained about it.
Walmart buying 4,500 electric vans from Arkansas startup Canoo
Walmart is buying at least 4,500 electric vans from Arkansas-based Canoo, which will build the vehicles at a new factory in Pryor Oklahoma next year.
Walmart faces lawsuit after employee allegedly hits woman with shopping carts
A Louisiana woman is suing Walmart after an employee allegedly struck her with a line of shopping carts last year, knocking her over and causing bruises and internal injuries.
Walmart blasts FTC for government overreach in money transfer suit
The FTC claims that Walmart turned a blind eye while criminals used its money transfer services to scam consumers out of hundreds of millions of dollars.
Retailers weigh cost of paying customers to keep unwanted items
Some retail chains like Target and Walmart are weighing the possibility of paying customers to keep their unwanted items instead of returning them amid a surplus of inventory.
CVS, Walmart, Rite Aid limiting purchases of Plan B pills following SCOTUS ruling
Some large retailers will be limiting purchases of emergency contraceptive pills amid increased demand because of the Supreme Court's overturning of Roe v. Wade last week.
Walmart, Sam's Club hike wages for pharmacy technicians
Walmart and Sam's Club's new "progressive wage model' will add up to $4 per hour to pharmacy technicians' starting base pay over four years as the retailers look to become major industry players.
Walmart struggles to solve consumer needs in China
Since its first opening of a retail store in 1996, Walmart has seen slow growth compared to its competition. They continue to find the best strategy going forward
Sam's Club to get 24/7 deliveries from fleet of self-driving trucks in Texas
Autonomous technology developer Gatik announced that a fleet of their self-driving box trucks will start making deliveries to a network of Sam's Clubs in Dallas, Texas.
Walmart drops Chaokoh coconut milk after PETA allegations about forced monkey labor
Reports of forced monkey labor has driven Walmart to drop a major coconut milk brand.
Walmart takes on Amazon with new fulfillment centers to speed up deliveries
Walmart's new high-tech facilities will leverage robotics, machine learning and more than 4,000 supply chain associates to provide 75% of the U.S. with next- and two-day shipping on millions of items.
Walmart expands drone delivery to 4 million households
Walmart customers can receive up to 10 pounds worth of eligible items in each drone order in as little as 30 minutes. Every drone order will be charged a $3.99 delivery fee.
Walmart pulling Juneteenth themed products from shelves after social media backlash
Social media outrage has caused Walmart to pull Juneteenth themed ice cream as well as other products from its shelves while also issuing an apology.
Target, Walmart’s inflation warning bad omen for stocks, economy
Walmart and Target, solid barometers of consumer spending, didn't mince words on sky-high inflation.
Walmart shares slide as inflation hits profits
Walmart attributed the profit miss to higher wage expenses as declining omicron cases led to overstaffing, higher inventory and higher costs for shipping, storage, food and fuel due to inflation, which is currently running near a 40-year-high.