This week, more than 1,100 businesses from across the country pitched their products made, grown or assembled in the U.S. to Walmart and Sam’s Club merchants at Walmart’s ninth annual Open Call. Preliminary results indicate that more than 330 of…
Wal-Mart
by Courtney Lanning In the age of digital shopping, the nation’s largest private employer is betting on e-commerce and using it to bring its various services and platforms together. Consumers have grown accustomed to click-and-order purchases; Walmart is working to…
JPMorgan Chase announced today that it will begin processing Chase Visa payments made at US Walmart and Sam’s Club stores. The expansion could mean lower prices for the Arkansas-based retailer’s future interchange payments and an increased revenue stream for Chase.…
U.S. District Judge Susan Hickey is granting class action status to Wal-Mart investors suing the company over allegations that it covered up a bribery scheme in Mexico. The investors said Wal-Mart knew about the scheme as early as 2005. Wal-Mart…
Wal-Mart Stores Inc said it has completed the $3 billion acquisition of internet retailer Jet.com. The deal will give Wal-Mart access to Jet.com’s pricing software and will help the Arkansas-based retailer to better compete with online rivals. The deal follows…
Heirs of the late business titan Sam Walton have given about $714,000 to fund Hillary Clinton’s presidential campaign. The Democratic Party candidate has longstanding ties with the Walton family, though they have been a major source of tension between Clinton…
Wal-Mart Stores Inc. announced Jan. 15 that it plans to close 269 stores in the U.S. and globally. In October 2015, the company said an active review of the portfolio was underway to ensure assets were aligned with strategy. The…
Wal-Mart U.S. has appointed Steve Bratspies to chief merchandising officer for U.S. stores, effective Oct. 19. Bratspies will oversee all merchandise categories across more than 4,500 stores in the U.S. He will continue to report to Greg Foran, Walmart U.S.…
Wal-Mart Stores Inc. announced today, Oct. 9, that Brett Biggs, 47, will become the company’s new chief financial officer. Biggs will succeed Charles Holley, who is retiring. The change is effective Dec. 31, 2015, and Holley will stay on until Jan. 31, 2016,…
Rockline Industries, a Sheboygan, Wisconsin-based manufacturer of consumer wet wipes and coffee filters, announced today, Oct. 1, that it will add additional facial wipe manufacturing capacity for Wal-Mart at its Springdale plant, moving production from Europe to the United States.…