Walmart

Walmart
Optiwise.ai Offers Olivia: AI Optimization Solution for Walmart Sellers
October 22, 2024

Optiwise.ai, a leading optimization solution provider for Walmart sellers, has secured $2.4 million in seed funding and launched a new AI-powered personal assistant called Olivia for sellers on the Walmart Marketplace. Olivia utilizes GenAI technology to identify product listings and ad opportunities, answer performance-related questions...

Walmart
Walmart Expands Pets Offering As Spending on Pets Jumps
October 08, 2024

Walmart has announced expansions to its pet care offerings, including several new Pet Services centers. The retail giant said Tuesday (Oct. 8) that it is widening access to its in-person and virtual veterinary care, grooming services, pet prescription delivery and food supplies. “The pet category...

Walmart
Will Walmart’s New Bank Payment Option Tip the Scales for Other Retailers?
September 19, 2024

Walmart’s scale and installed base of loyal customers may move the needle on instant payments in general, and instant bank payments specifically. PYMNTS Intelligence estimated earlier this year that as many as 30% of U.S. consumers have Walmart+ subscriptions, which means that they are arguably...

Walmart
Walmart Expands Omnichannel Experiences and Fulfillment Solutions for Third-Party Sellers
August 27, 2024

Walmart has added new product categories, omnichannel experiences and fulfillment solutions to its eCommerce platform for third-party sellers, Walmart Marketplace. “We’re bringing all the pieces together to be much more than a marketplace and investing in new ways for sellers to serve customers as we grow together,” Manish...

Walmart
Walmart Mexico ‘Not Only a Retailer’ Under New Boss
August 25, 2024

Walmart Mexico’s new boss is aiming to double its sales amid robust eCommerce competition. Ignacio Caride, who spent more than a decade with online retailer Mercado Libre before becoming CEO of Walmart Mexico — or Walmex — discussed his vision of the company Sunday (Aug....

Walmart
Walmart in Talks to Sell Medical Clinics Closed in April
July 02, 2024

Walmart has reportedly held talks with potential buyers of the medical clinics it closed in April. Health insurance companies have been among those potential buyers, but it is not clear if any talks are still ongoing, Reuters reported Tuesday (July 2), citing a paywalled article...

Walmart
Walmart CFO: Current Quarter’s Comparable Sales Growth Will Be Weaker
June 25, 2024

Walmart’s sales in the current quarter won’t be as strong as they were in the previous quarter, Walmart Chief Financial Officer John Rainey reportedly said Tuesday (June 25). Speaking at the Bank of America London Investor Conference, Rainey said the current quarter, the second quarter,...

Walmart
Walmart Doubles Down on Deal Days as Consumers Seek Sales Events
June 24, 2024

Walmart is following up its just-finished summer savings event with another one weeks later, as the retailer looks to compete with Amazon’s Prime Day to capture consumers’ increased demand for seasonal sales. Walmart announced Monday (June 24) an upcoming savings event, “Walmart Deals,” slated to...

Walmart
Walmart to Relaunch Private-Label Fashion Brand ‘No Boundaries’
June 13, 2024

Walmart will relaunch its private-label fashion brand No Boundaries in stores and online July 16. Aimed at young adults, the No Boundaries brand has been refreshed by a Generation Z-focused design team, the retailer said in a Thursday (June 13) press release. “Refreshing our private...