pymnts Profile:
Walmart (NYSE: WMT)
Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969.
Online Grocery Service JioMart Launches In India
May 25, 2020
Reliance Industries, aiming to compete in India with Walmart’s Flipkart and Amazon’s delivery services, has launched JioMart as a food delivery service for the country’s massive market.
The new service will ... Read moreAmazon Chides Biden On Tax-Dodging Accusation: ‘We Pay Every Cent’
May 25, 2020
eCommerce giant Amazon and presidential candidate Joe Biden have taken to Twitter in a squabble over taxes.
On Friday (May 22), Biden told CNBC that Amazon “should start paying their taxes.”
“I ... Read moreWhat Sticks? Five Data-Driven Behaviors That Will Define America’s Reopening
May 25, 2020
Pandemic aside, business in the digital era is still data driven.
Guesswork about the consumer and his or her behavior is not necessary or advisable. Fortunately, PYMNTS has populated the current ... Read moreRetailing 2020: Five Things To Watch
May 25, 2020
The pandemic was unprecedented when it showed up in February and March; the phases of its aftermath will also be without a reference point. While it’s clear that the digital ... Read moreBig-Box Retail CEOs Say Stimulus Checks Boosted Sales
May 22, 2020
If you want to know whether stimulus checks are working to rebuild the economy, just ask the world’s largest retailer. Walmart U.S. CEO John Furner, who oversees more than 4,700 stores, ... Read morePandemic’s Digital Shift, Credit Unions, Stimulus Funds Top This Week’s News
May 22, 2020
It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have ... Read moreGrocery Startup Missfresh To Close On $500M In Expansion Financing
May 22, 2020
Beijing’s Missfresh Ecommerce Co., a Chinese grocery delivery startup, is expected to receive more than $500 million in expansion financing as COVID-19 has fueled demand for fresh food at home, ... Read moreWhole Paycheck Tracker: Amazon, Walmart Shift To Accommodate An Increasingly Digital Retail World
May 22, 2020
As the nation faces gradual reopenings in all 50 states over the next few weeks, U.S. consumers coming out of the pandemic won’t be quite the same as they were ... Read moreHow Retail Is Preparing For Consumers’ Long-Term Shift To Digital
May 21, 2020
That consumers have relocated their lives online in response to the pandemic is an easily visible fact when you look at earnings reports that successful retailers are releasing. For example, Walmart ... Read moreMall Traffic Drops As Online Sales Jump During Pandemic
May 21, 2020
All eyes have been on the reopening of malls this week and shoppers’ reactions. Mall traffic at eight reopened shopping centers reached record lows, but Wall Street seems to think malls will ... Read more
Self-Driving Truck Hauls 40K Pounds Of Butter Across US
December 30, 2019
Silicon Valley startup Plus.ai is thought to be the first company to deploy a self-driving commercial truck to haul 40,000 pounds of butter roughly 42 hours cross-country from Tulare, California ... Read moreWaymo Returns Its Self-Driving Trucks To Arizona
May 30, 2019
Waymo‘s self-driving trucks are making a return to Arizona.
The company’s self-driving, Class 8, big-rig trucks haven’t been in the state for more than a year, though they were first tested ... Read moreDriverless Trucks Hog the Highway to an Autonomous Vehicle Future
October 2, 2018
Driverless cars are indeed coming to roads soon enough — the U.K.’s transport secretary, in fact, recently predicted that those vehicles would appear there within four years. Even so, it might ... Read moreEx-Uber, Otto Exec’s Autonomous Truck Startup Snags $40M
August 8, 2018
Kodiak Robotics, a self-driving vehicle startup, announced that it raised $40 million in Series A funding, led by global investment firm Battery Ventures. CRV, Lightspeed Venture Partners and Tusk Ventures ... Read moreDaimler Unveils eMobility Unit For Trucks And Buses
June 6, 2018
Combining its efforts from five divisions, Daimler Trucks is rolling out an eMobility unit. The idea behind the unit is to speed up the creation of battery-powered engines for use ... Read morePatent Applications Offer A Peek Into Walmart’s Possible Techy Future
June 1, 2018
And the award for “techiest” retailer goes to … Walmart?
The big-box retailer recently published a number of patent filings that would certainly make it a contender for “Most Futuristic Shopping ... Read moreUber Goes Autonomous For Uber Freight
March 7, 2018
Uber Freight is finally launching its autonomous truck deliveries, with the first hauls driven in tandem with both human drivers and self-driving trucks being completed in Arizona.
According to TechCrunch, Uber ... Read moreLarry Page Can Be Deposed In Uber Suit, Court Rules
July 11, 2017
Larry Page, the chief executive of Alphabet and co-founder of Google, has to answer questions by ridesharing app company Uber in its lawsuit over self-driving car trade secrets.
According to ... Read moreSelf-Driving Car Company Waymo Sues Autonomous Truck Startup Otto and Parent Uber
February 27, 2017
Waymo, the former self-driving vehicle unit of Google, is reportedly suing self-driving truck company Otto, which was co-founded by ex-Waymo worker Anthony Levandowski, over allegations Otto stole its proprietary design ... Read more
AI Robot Enforces Social Distancing At S. Korean Coffee Shop
May 25, 2020
A smart factory in South Korea has developed an artificial intelligence (AI) solution to help people stay socially distanced and keep the coronavirus contained as the country reopens.
A cafe in ... Read more‘Paging Dr. Spot’ – How Robots Are Helping Doctors Make The Rounds
April 25, 2020
Robotics adoption has had something of a rocky road in the U.S. market in the last several years. While the CES show in Las Vegas has in recent memory been rife ... Read moreThe Rise Of Online Grocery Shopping, Robots During The Coronavirus
April 15, 2020
Grocers contended with panic buying, supply chain challenges and safety issues while the public stocked up on essential items as the coronavirus crisis hit in March. And, with the panic ... Read moreRobots Take Center Stage In COVID-19 Crisis
April 14, 2020
COVID-19 could mark the true rise of the robots in retail. As warehouse workers strike for better protective equipment and consumers show increased sensitivity around handling food, several new examples ... Read moreATB Financial’s Front- And Back-End Data Analytics Initiatives
April 1, 2020
Use and analysis of customer data has become key to enabling a personalized and omnichannel digital banking experience. But it’s easy to cross the line from helpful to overbearing – ... Read moreWalking Omnichannel Banking’s Privacy Fine Line
March 31, 2020
Digital and mobile banking may be more popular than ever, but it would be a mistake to count out the power of in-branch services just yet.
Consumer surveys have found that ... Read moreDHL Supply Chain Expands Robotics Deployment
March 11, 2020
To further the use of autonomous mobile robots (AMR) across the country, DHL Supply Chain and Locus Robotics have unveiled an expanded partnership that encompasses 10 new deployments of Locus’ ... Read moreDHL: What Happens When Robots Run The Warehouse
March 3, 2020
Amazon Prime is shrinking delivery windows, and consumers now expect items to arrive in a day – or less – making supply chain management and the last mile more critical ... Read moreKraft Heinz Venture Arm Lends A Helping Hand To Fabric’s Series B Round
February 25, 2020
U.S.-Israeli startup Fabric has a new investor in Evolv Ventures for its Series B round.
Evolv Ventures is most known as the venture arm of Kraft Heinz.
Kraft Heinz, one of the ... Read moreNike Teams With Geek+ For Robotic Same-Day Delivery In Japan
February 7, 2020
Smart logistics provider Geek+ announced a same-day delivery partnership with Nike, which will provide advanced robotics solutions for the athletics company’s new distribution center in Japan, according to reports on ... Read more
Reopening Trends: Consumers Spending More On Gas, Kids Still Home From School
May 25, 2020
As the U.S. begins procedures to tentatively reopen, the entire country has seen only a few across-the-board trends: namely, that people are filling up their gas tanks more and are ... Read moreHow The Stage Was Set For The Pandemic’s Great Digital Shift
May 25, 2020
It may feel like the pandemic has always been here.
That there was no “before” this — before the worry about microbes, social distancing and sheltering in place.
And it may seem ... Read moreRetailing 2020: Five Things To Watch
May 25, 2020The pandemic was unprecedented when it showed up in February and March; the phases of its aftermath will also be without a reference point. While it’s clear that the digital ... Read moreBig-Box Retail CEOs Say Stimulus Checks Boosted Sales
May 22, 2020If you want to know whether stimulus checks are working to rebuild the economy, just ask the world’s largest retailer. Walmart U.S. CEO John Furner, who oversees more than 4,700 stores, ... Read moreGrocery Startup Missfresh To Close On $500M In Expansion Financing
May 22, 2020Beijing’s Missfresh Ecommerce Co., a Chinese grocery delivery startup, is expected to receive more than $500 million in expansion financing as COVID-19 has fueled demand for fresh food at home, ... Read moreWhole Paycheck Tracker: Amazon, Walmart Shift To Accommodate An Increasingly Digital Retail World
May 22, 2020As the nation faces gradual reopenings in all 50 states over the next few weeks, U.S. consumers coming out of the pandemic won’t be quite the same as they were ... Read moreInstacart Adds Shopper Safety Feature To App
May 22, 2020
Instacart, the online grocery marketplace, has added a safety app to ensure its shoppers are protected amid the COVID-19 pandemic, the San Francisco-based company announced on Friday (May 22).
Instacart has ... Read moreAlibaba’s GMV Tops $1T As Mobile Orders Surge
May 22, 2020
Alibaba Group Holding Co. reported results on Friday (May 22) that showed continued pivots to online commerce and mobile shopping, amid lockdowns that have shuttered brick-and-mortar retailers.
The company said that ... Read moreNRF Cautions On Treasure Hunt Shopping
May 22, 2020
The reopening of retail is bound to portend changes for businesses as well as consumers. The National Retail Federation (NRF) and other groups have released guidelines for store operation and ... Read moreEx-Stitch Fix COO Says Yes To AI-Powered Fashion
May 22, 2020
Former Stitch Fix COO Julie Bornstein is behind a new startup announced earlier this week called The Yes. Launched with ex-Google technical guru Amit Aggarwal, the women’s fashion site is billed with ... Read more
New Data: 95 Pct. Of Consumers Don’t Use Mobile Wallets For In-Store Purchases
April 6, 2020
Among its many profound impacts, the COVID-19 pandemic has dramatically altered how consumers shop. Even before large-scale stay-at-home policies went into effect, most consumers sought to limit direct contact with ... Read moreREPORT: What Apple Pay At Five Says About The Future Of Mobile POS Payments
October 21, 2019
Apple Pay went live five years ago yesterday, on Oct. 20, 2014.
When Tim Cook took the stage a month beforehand to announce this mobile payments innovation, he shared Apple’s vision ... Read moreCuring Medicine’s Epidemic Of Noncompliance
March 22, 2018
The New York Times wrote in April 2017 that the U.S. was in the throes of an epidemic for which there was not only a cure, but one that would ... Read moreMobile Wallets: Where’s The S-Curve?
February 26, 2018
The classic product lifecycle that all of us had drilled into our heads in business school tells us that at the three-year mark for any new product, it’s top of ... Read moreWhat Payments Innovators Can Learn From Monkeys
January 15, 2018
About 30 days from now, most of you reading this who made a New Year’s resolution will have broken it.
Don’t feel too bad – you won’t be alone.
By the middle ... Read moreMotivating Mobile In 2018
January 4, 2018
Another year, another chance for mobile wallet players to convince consumers to give up their plastic cards and utilize the phone as a payments form factor.
It hasn’t been easy. Despite ... Read moreMobile Payments 2.0: Building Better Retail Experiences
December 28, 2017
Payments has by and large been a growth business for the last half decade or so, and that fact has been mappable in scores of innovations around the world. But, as ... Read moreTarget: Another Day, A New “Pay” Joins The Party
December 7, 2017
For a minute, it seemed as though the proliferation of “Pays” was slowing down. Until recently, there was a tidal wave of Pays out to conquer digital with the power of mobile payments. Apple Pay, ... Read moreWhat Walmart’s Resurgence Means For Retail And The “Pays”
November 20, 2017
Accomplished public intellectual and post-Keynesian economist John Kenneth Galbraith was well-known for four things.
He didn’t think much of math and science — rather unusual given his choice of a profession that ... Read moreWhy Walmart Pay Is Leaving Apple Pay In The Dust
November 7, 2017
Though Walmart’s mobile wallet, Walmart Pay, has not quite gotten the same level of coverage as its rivals in the field, particularly Apple Pay, it seems possible the QR code-based ... Read more