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.
Why Pets Are Pulling Retail Innovation’s Leash
June 18, 2019
Pet retail is having a moment, with innovation and other efforts helping merchants better reach owners of dogs, cats and other household animals. The new developments show, among other things, ... Read moreToday In Data: Challenges And Advancements In Smart Technology
June 17, 2019
The smart technology field continues to be hampered by security issues even as solutions in the space are put to use in many cases. In pet technology news, Pawscout is ... Read moreBeyond Registers — What’s Next For Retail Store Payments?
June 17, 2019
Is the store register on its way out in favor of other retail and payments innovation?
That’s probably a bridge too far when thinking about the recent register outage suffered by ... Read moreWalmart Adds ‘Delivery Unlimited’ Grocery Offering
June 17, 2019
Walmart is making the latest entry into the grocery delivery wars — now an active battleground between Walmart, Amazon and Target for who can get the groceries to consumers door, ... Read moreTarget Says Weekend Outage Due To NCR Glitch
June 17, 2019
Target faced a register outage that lasted for about 90 minutes on Sunday (June 16), which meant it couldn’t process cards or other forms of payment.
The complication caused long ... Read moreTarget Back To Normal After Saturday System Outage
June 16, 2019
It wasn’t the best weekend for Target. The retail chain suffered through a register outage, but things apparently were getting back to normal as of Sunday evening (June 16). As ... Read moreThe Amazon/Walmart Whole Paycheck Tracker: Rethinking And Realigning
June 14, 2019
While this tracker normally focuses entirely on the moves and counter-moves of Walmart and Amazon as they race for the greater share of the consumer’s whole paycheck, every once in ... Read moreRetailers See An eCommerce Boom
June 14, 2019
A number of retailers have recently seen a surge in eCommerce sales.
Lululemon revealed this week that online sales this past quarter increased 35 percent, while Target’s online sales rose 42 ... Read moreLost Pet Posters Get A Digital Upgrade
June 14, 2019
The traditional method of finding a lost pet worked well enough.
A distraught owner might tape or staple some homemade signs around the neighborhood, knock on doors, put out some favorite ... Read moreBitcoin Daily: FDA Pegs Walmart, IBM For Blockchain Pilot; Wyoming State Embraces Blockchain
June 14, 2019
IBM, KPMG, Merck, and Walmart announced that they have been selected by the United States Food and Drug Administration (FDA) for a pilot program that addresses requirements to identify, track ... Read more
Waymo 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
Why Robotization Is Critical To Amazon’s One-Day Shipping Vision
June 10, 2019
Cathryn Kachura is a a “flow control specialist” at Amazon’s Denver, Colorado sortation center, an extra-large warehouse that is informally known as the “robot highway.” Flow control specialists are the ... Read moreAmazon Walmart Whole Paycheck Tracker: Better Delivery By Any (And Every) Means
June 7, 2019
There are full weeks in the race to control the consumer’s whole paycheck — and then there are very full weeks. This week was one of the latter, as Walmart ... Read moreAmazon Has Used Over 200,000 Robotic Drives Around The World
June 5, 2019
Amazon said it has deployed 200,000 robotic drives around the globe, according to a report by TechCrunch.
The remarks were made at the company’s re:MARS conference in Las Vegas by Robotics ... Read moreIKEA Partners With Ori On Robotic Furniture
June 5, 2019
The era of robotic furniture is upon us, or it will be in 2020, if IKEA’s partnership with Ori to bring robotic furniture to the market pans out as planned. ... Read moreOnline Retail Pumps New Fuel Into Warehouse Growth
June 3, 2019
The rise of eCommerce has done much more than change the way consumers shop (which, in turn, has helped to change the way consumers think about payments). Online retail has ... Read more5G Starts To Power Better Robots
May 28, 2019
So much starts with coffee – mornings, political ads, artistic movements, advances in QSR retail – and that dictum could hold true with robots, at least the next generation of ... Read moreHave Consumers Fallen Out Of Love With Robots?
May 11, 2019
We confess: We hate doing household chores, cooking and running errands – and we suspect you do, too. And the promise of a modern-day version of Rosie from the Jetsons to do all of ... Read moreToyota AI Ventures Launches $100M Fund For Tech Startups
May 2, 2019
Toyota AI Ventures, the venture capital arm of Toyota, has announced the launch of Fund II, a $100 million fund that will invest in early-stage startups that are developing disruptive ... Read moreCanvas Technology Acquired By Amazon
April 11, 2019
Amid its endeavors in robotic technology, Amazon has reportedly bought Canvas Technology. The Colorado-based startup, which was started in 2015, has offered such devices as a fully autonomous cart system, ... Read moreSmoothie Order-Ahead Via Robotics
April 3, 2019
Food preparation is going to the robotic overlords, with entrepreneurs tackling the tasks of making products such as smoothies with the help of automation. Take Blendid, which Co-Founder Vipin Jain ... Read more
Making Everyday Function Luxurious
June 18, 2019
How many handbags the average woman owns is a matter of some debate. On the low end the estimates are around five, and upper-end estimate seem to fall at 11. ... Read moreWhy Pets Are Pulling Retail Innovation’s Leash
June 18, 2019Pet retail is having a moment, with innovation and other efforts helping merchants better reach owners of dogs, cats and other household animals. The new developments show, among other things, ... Read moreeCommerce Box Companies Aim To Enhance Hotel Stays
June 18, 2019
Some entrepreneurs are inspired to start companies to solve a problem they have experienced in their own lives: GuestBox Founder and CEO Shuchi Vyas, for instance, was an Airbnb host ... Read moreHow To Build High Performance Via Digital — and Humans
June 18, 2019
Fraud is a two-headed beast, but the beast can be defeated as more consumers flock to marketplaces and other eCommerce destinations. Meanwhile, there are fresh ideas about how to scale ... Read moreLululemon Introduces Personal Care Line
June 18, 2019
As it moves into new categories for growth, athletic apparel company Lululemon has started to sell products for personal care through eCommerce and in 50 stores. The personal care selections ... Read moreVolvo Teams With NVIDIA For Autonomous Tech
June 18, 2019
To create artificial intelligence (AI) for autonomous trucks, Sweden’s AB Volvo is teaming with NVIDIA. The tie-up will make a scalable and flexible system for self-driving, Reuters reported.
Volvo said in ... Read moreRiverPay’s China UnionPay Mobile Initiative Gains Traction
June 18, 2019
Integrated payments and marketing platform RiverPay revealed that its staged merchant acquisition initiative with China UnionPay is growing in the North American retail industry.
Since the launch of the partnership earlier ... Read moreRussia Joins The Faster Payments Revolution
June 17, 2019
The rise of faster payment systems has become a global phenomenon. In the past few years, several global markets have invested resources into developing payment systems and infrastructure that enable ... Read moreToday In Data: Challenges And Advancements In Smart Technology
June 17, 2019The smart technology field continues to be hampered by security issues even as solutions in the space are put to use in many cases. In pet technology news, Pawscout is ... Read moreHow To Introduce The World To AI-Assisted Cooking
June 17, 2019
The wonders of AI and learning algorithms are often touted at length in the payments and commerce industry. With the transformative power of smart machines, the pitch goes, commerce can ... Read more
Curing 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 moreWhat Walmart Pay Knows That Apple Pay Doesn’t
August 7, 2017
A lot of exciting things have happened in payments — and commerce, more broadly — over the last three years.
PayPal became pals with the card networks and their issuers.
India demonetized its currency ... Read moreWalmart Pay Now Offers Faster Access To Walmart Credit Cards
June 8, 2017
Walmart Pay has been out in wide release for a little over a year — and in that time, it has made some pretty notable strides. According the PYMNTS/Infoscout data, ... Read more