Shoppers can now order tires from third-party sellers on Walmart Marketplace and schedule an appointment to have those tires installed at a Walmart Auto Care Center at the same time. The tires will be shipped to the customer’s local Walmart store for installation, Michael Mosser, vice president and...
A federal judge ruled Tuesday (March 26) that Walmart can end its credit card partnership with Capital One early because the bank did not provide the level of service required by the companies’ 2018 agreement. The judge ruled that “repeated customer service failures” allowed Walmart to end the partnership,...
Last Saturday (March 23), legendary fashion designer Diane Von Furstenberg made her exclusive collection of 200 clothing, baby and household items available for shoppers to buy at Target. DVF, who will celebrate the 50th anniversary of her iconic wrap dress this year, said her interest...
Walmart concluded its inaugural Walmart Growth Summit in India, an event designed to strengthen its partnerships and support India’s economic growth. The event saw the participation of export-ready suppliers, innovators and entrepreneurs from 24 states and union territories in India, the company said in a...
Walmart will build, convert or remodel hundreds of stores over the next five years. The retail giant announced in a Wednesday (Jan. 31) press release plans to modernize and expand what U.S. CEO John Furner called “the facilities most core to our business: our stores.”...
With the race for retailers’ digital presences growing more competitive each year, demanding more resources, Walmart is reportedly axing its Store No. 8 innovation hub to cut costs. The retail giant is shuttering its technology and business innovation incubator, The Wall Street Journal reported Friday...
The impact of inflation on consumer spending has been a consistent concern throughout the year, and indications suggest that this trend is set to persist this holiday season. As Walmart CEO Doug McMillon noted during a Q3 earnings conference call with analysts on Thursday (Nov. 16), despite “pockets of...
Walmart earnings, slated for Thursday morning (Nov. 16) before the market opens, will likely offer the latest variations on several themes: Consumers seeking value, especially with consumables and groceries; a shift to digital channels to get at least part of the shopping done, where the...
Walmart’s shares reportedly reached an all-time high Friday (Nov. 3), with investors betting on its ability to thrive during the holiday season. This peak, at $166.30, is the highest point since Walmart’s inception on the New York Stock Exchange in 1972, CNBC reported Friday (Nov. 3). One...
