Walmart Store

Walmart to roll back diversity policies amid pressure from conservatives

The retailer will scale back racial equity training, stop participating in rankings by an LGBTQ advocacy group and review its support for Pride and other events

Walmart expands snack sourcing from India for US market ahead of Diwali

US retail major Walmart on Thursday said it is increasing its food and snack products sourcing by adding new popular Indian brands like Bikano, Britannia and Jayanti Spices for the US market ahead of Diwali. Bentonville-based retail giant Walmart has also set a goal of sourcing goods worth USD 10 billion from India annually by 2027. The announced lineup of new food and snack products will cater to Diwali celebrations. "Together, they will supply a diverse range of well-loved snacks and food products to Walmart's US customers," a statement said, adding that "offerings include premium tea, ready-to-eat and frozen foods, traditional snacks, spices, and festive packs". Products by India's leading food companies like Britannia and Bikano will be available this Diwali, while brands, such as Regal Kitchen and VAHDAM, are already available to the Walmart US customer, it noted. Jayanti Spices and Hyfun Foods currently have products under Walmart's Great Value brand. Walmart, Executive Vic

Walmart joins hands with Burger King to offer discounted deals to members

Walmart's members can avail discounts at Burger King, including 25 per cent off on any digital order every day, the company said

Walmart seeks to raise $3.74 bn in sale of JD.com stake, term sheet shows

Walmart said in a statement that JD.com had been a valued partner over the past eight years, and the US retailer was committed to a continued commercial relationship with the Chinese e-commerce giant

US retailers rush holiday imports, fearing strikes & disruptions in Red Sea

Container imports and freight rates surged in July, signaling an earlier-than-usual peak season for the ocean shipping industry that handles about 80 per cent of global trade

Google, Amazon, Walmart seeks to join RBI'S digital currency project

Google Pay and Amazon Pay are payments applications offered by Alphabet Inc's Google and Amazon.com, respectively, that facilitate retail payments over India's widely used Unified Payments Interface

Nvidia's Huang now richer than every member of Walmart's founding family

Huang's net worth jumped to $91.3 billion Thursday, bumping him up three spots on the Bloomberg Billionaires Index to become the 17th-richest person in the world

Walmart shares surge, market value hits $500 billion as results impress

Its shares climbed 7 per cent, the most since March 2020, to close at an all-time high of $64

Retail giant Walmart to fire hundreds of corporate staff, relocate others

Walmart employed approximately 2.1 million associates as of Jan. 31, 2024, according to regulatory filings

Flipkart bets big on generative AI to improve customer, seller experience

Datar believes that, as the company builds scale, it will be able to improve on the returns on investment (ROI) it is witnessing from its AI bets

Walmart experiments with AI to enhance customers' shopping experiences

Walmart has unveiled plans to dive further into the world of artificial intelligence -- and drones -- to improve its customers' shopping experiences. In a Tuesday keynote at trade show CES in Las Vegas, the nation's largest retailer announced that it would be expanding its drone delivery to 1.8 million additional households in the Dallas-Fort Worth metropolitan area later this year. Drones aren't new to Walmart -- which has already completed 20,000 drone deliveries across seven states to date -- but company leaders say that this expansion displays growing demand and efficiency. Walmart executives said no other rival has gotten this close to this type of drone concentration of households in a big metro market. Among AI advances, Walmart announced a generative AI-powered search experience for iOS customers, which suggests relevant products for consumer queries ranging from football watch parties to bridal showers. The company also provided a glimpse into InHome Replenishment, which ...

AI, cloud services disrupting retail industry: Experts at Walmart event

Today's consumers expect options in products, pricing, payments and delivery, and technology powers transformations across each

Walmart shares seen gaining 30% in next year after $100 bn rally: Report

Walmart is expected to report fiscal second-quarter results before the market opens August 17

India can repeat UPI success in e-commerce: Walmart CEO Doug McMillon

'We talk about India in every board meeting'

Walmart laying off hundreds of employees to better prepare for future

Retail giant Walmart is laying off hundreds of employees at its e-commerce facilities across the US as part of an adjustment in staffing "to better prepare for the future needs of customers"

Flipkart key driver of 13% spike in Walmart's international revenue

Walmart management says early timing of Big Billion Sale, from Q4 last year to Q3 this year, benefited the company

Gatik's driverless B2B delivery service gains pace in US and Canada

The middle-mile segment, unlike long-haul transport or last-mile delivery to an end consumer, involves business-to-business (B2B) operations, mostly from a warehousing location to a retail centre

Walmart on a drive to attract Indian sellers to its Canadian marketplace

The US retail giant operates more than 400 stores and is one of the largest online retailers and fastest growing marketplace platforms in Canada

Walmart forecasts profit above expectations as demand holds firm

Net revenue in Walmart's fourth-quarter showed a surprise 0.5% increase to $152.87 billion

Walmart recalls 3,900 room sprays due to possible dangerous bacteria

The CDC has been investigating four confirmed cases of melioidosis, including two deaths, the CPSC said