Walmart is pulling its first-quarter operating income outlook due in part to tariff-related concerns. “The range of outcomes for Q1 operating income growth has widened due to less favorable category mix, higher casualty claims expense and the desire to maintain flexibility to invest in price...
Walmart is reportedly pushing suppliers in China to reduce prices to mitigate new tariffs. The effort, the subject of a Bloomberg News report late Monday (April 1), is happening despite a recent summit between Walmart executives and the Chinese government to discuss the issue, and...
Walmart is reportedly expanding metaverse efforts by teaming with virtual gaming world Minecraft. The retail giant is now running a limited-time interactive gaming experience dubbed “Skyward” on a Minecraft Java server, Chain Store Age reported Friday (March 21). According to the report, Skyward lets players...
Walmart said Wednesday (March 19) that it will open or remodel more than 45 fuel stations this year. By the end of the year, the retailer will have more than 450 Walmart Fuel and Convenience stations operating across 34 states, according to an email sent...
Walmart has developed a generative artificial intelligence (AI)-powered assistant to help its merchants source items for its shelves and its online store. Dubbed “Wally,” the AI assistant generates insights from complex datasets, diagnoses why products are under- or overperforming, answers operational questions, raises tickets for...
Walmart reportedly wants Chinese suppliers to cut prices in the face of tariff-related pressures. However, the world’s largest retailer has thus far found few takers for this request, Bloomberg reported Thursday (March 6), citing unnamed sources. Some suppliers, such as kitchenware and apparel providers, have...
Gaming platform Spatial has launched a gamified miniseries called Walmart Unlimited that was developed by Walmart, Spatial and 40 artists. The miniseries brings together “interactive storytelling, immersive commerce and innovative gameplay,” Spatial said in a Wednesday (Feb. 26) post on LinkedIn. It allows players to...
Walmart is working with Indian AgriTech startup GreenPod Labs to pilot a solution that aims to keep produce fresh during as it moves through the supply chain. The solution may enable the retailer to source fresh produce from new countries of origin, Kyle Carlyle, vice president, sourcing and surety...
Walmart is reportedly eliminating hundreds of positions as it moves employees to its main hubs. The job cuts coincide with the closure of one of the retail giant’s offices in North Carolina, FOX Business reported Tuesday (Feb. 4), citing an internal memo sent to employees....
