Walmart has become the first official retail partner of health and wellness hospitality company Getaway and will launch The General Store by Walmart at select Getaway locations this fall, according to a joint press release Thursday (July 28). Getaway offers Outposts, or collections of small,...
Walmart has slashed its outlook for both the second quarter along with the fiscal year 2023 as the economy continues to see troubled times, per a company update Monday (July 25). The company’s operating income for both Q2 and the fiscal year is likely to...
Walmart has agreed to purchase at least 4,500 vans from electric vehicle startup Canoo as part of its ongoing effort to expand its delivery services. As CNBC reported Tuesday (July 12), the deal could see the retail giant purchase as many as 10,000 of Canoo’s...
One might expect that, in light of consumers’ rising inflationary concerns, Walmart’s grocery sales would spike, given the mega-retailer’s ability to price out competitors. The numbers tell a different story. By the Numbers Research from PYMNTS’ study “The Ongoing Battle for Consumer Retail Spend: Amazon...
Walmart has nixed an idea to offer its own version of rival Amazon’s Prime Day because it already has more discounted item sales than usual, according to a Thursday (July 7) CNBC report. The retail giant, which has seen fierce competition from the eCommerce company...
Throughout the pandemic, grocers have been taking advantage of delivery channels to offer consumers the opportunity to get foods brought right to their doorstep. Now, many grocers are looking to go that next step, establishing a presence inside of consumers’ homes. Walmart, the world’s largest...
Walmart’s “Open Call,” the company’s largest annual sourcing event, came to a close this week with more than 1,100 businesses pitching their products. As the retailer said in a news release Thursday (June 30), more than 330 of those pitches — for products made, grown,...
Walmart will partner with Roku to combine TV streaming and eCommerce, letting streamers buy Walmart products from streaming platform Roku, a press release said. The partnership will combine product discovery with a “seamless” checkout experience. William White, Walmart’s chief marketing officer, said the idea is...
Walmart wants U.K. retailers to join its online marketplace to give them another place to make their eCommerce revenue, touting the 120 million monthly visitors who make their way to Walmart.com, according to a Bloomberg report Monday (June 13). Approved British sellers will be able...
