walmart

Walmart is moving closer to inking a major digital media deal that could shift the balance of the social media sphere. The Bentonville retailer has tentatively agreed to purchase an approximately 7.5 percent stake in TikTok, the Chinese-owned video-sharing, social…

Walmart is introducing new leadership roles at its Supercenter location, increasing responsibilities and wages for these associates. In a corporate blog post, the Bentonville retailer announced its place to shift to a “team-based operating model” similar to models that have…

Starting Sept. 15, Walmart’s new subscription membership service is available for customers. The membership service, called Walmart+, allows individuals to pay a flat rate for unlimited free delivery, fuel discounts and more. “We can’t wait for customers to use Walmart+…

Walmart is increasing its delivery capacity with a new drone delivery service. The Bentonville retailer is partnering with Zipline to deliver items via drones. This pilot program will focus on the Northwest Arkansas region, operating from a Walmart store and…

Walmart is taking to the skies for its new delivery option. It will be piloting a new drone delivery initiative with Flytrex, an end-to-end drone delivery company. The new drone delivery project was launched on Sept. 9 in Fayetteville, North…

Walmart is taking the next step in growing its e-commerce presence, launching a new membership service. The new service, called Walmart+, will launch Sept. 15, 2020, and is likely designed as a competitor to Amazon Prime. Walmart+ will offer customers…

Walmart has appointed Deborah Vaughn as general counsel for the retailer’s international business. Vaughn currently serves as the vice president and chief legal counsel for Kimberly-Clark’s Asia-Pacific business region. Starting Nov. 2, she will be the senior vice president and…

Global demand caused by the COVID-19 pandemic has fueled strong growth for Walmart. The Bentonville retailer saw its second-quarter revenue and net sales rise across multiple sectors due to the health crisis. During the second quarter, Walmart pulled in $137.7…

Walmart is trimming its corporate back office in an effort to streamline its retail business. Bloomberg reported on Thursday morning that Walmart is laying off hundreds of corporate workers in a bid to increase productivity and efficiency. The departments that…

Walmart is rolling out more cash bonuses for full-time and part-time employees during the ongoing COVID-19 pandemic. The Bentonville-based retailer will be distributing roughly $428 million in cash bonuses to associates at Walmart stores, Sam’s Club stores, distribution centers and…