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.
Gen Z Likes Ordering Food Online. Baby Boomers Not So Much
July 16, 2025
A recent report challenges the conventional wisdom surrounding online shopping, revealing that the digital divide among age groups is narrowing, with older generations engaging in eCommerce at rates comparable to ...Read moreJudge Dismisses Antitrust Case Against NFL Over Merchandise Licensing
July 15, 2025
A federal judge has thrown out an antitrust lawsuit brought by a Nebraska-based retailer against the National Football League and its 32 teams, ruling that the claims lacked sufficient legal ...Read moreShopify Lays Out New Rules Governing AI Agents
July 15, 2025
Shopify has reportedly introduced rules governing merchants’ use of agentic artificial intelligence (AI). As Modern Retail reported Monday (July 14), the eCommerce platform has begun including a warning in the code powering merchant storefronts, ...Read moreBLCK to Launch Live Shopping Channel Built for Streaming TV
July 14, 2025
BLCK said Monday (July 14) that it is set to launch its live shopping channel built for streaming TV by the fourth quarter, in time for Cyber Week, Black Friday ...Read moreCE 100 Index Loses 1.9% as BNPL Names Lead Payments Pillar Lower
July 14, 2025
Most of the CE 100 Index components traded lower this past week, sending the overall index 1.9% lower as seven of the 11 pillars lost ground, ahead of the earnings ...Read moreInflation’s Spies: The Labor of Surveillance Pricing
July 14, 2025
This paper examines price surveillance practices through a critical analysis of the retail price monitoring industry. Also known as “pricing intelligence,” price monitoring firms are brokers that traffic in information ...Read moreAmazon Reportedly Mulling New Multibillion-Dollar Anthropic Investment
July 10, 2025
Amazon is reportedly considering adding to its $8 billion investment in Anthropic. The tech giant has discussed the idea of a new, multibillion dollar injection into the artificial intelligence (AI) model builder, the ...Read morePrime Day First-Day Sales Dive 41%, Retail Consultant Reports
July 9, 2025
Amazon’s sales reportedly dropped 41% on the first day of its four-day Prime Day sales event compared to the first day of last year’s two-day event. Momentum Commerce reported that figure ...Read moreFrom Kitchen to Front of House, Restaurants Deploy AI-Powered Robots
July 9, 2025
Restaurants are integrating artificial intelligence (AI)-powered robots end-to-end in their operations, doing tasks such as serving food to diners, cooking meals, delivering food and even mixing cocktails. Robots are taking more ...Read moreShoppers Embrace Embedded Payments in Shift From Prime Day Splurging to Savings
July 9, 2025
Amazon Prime Day generated nearly $15 billion last year. The sales event, extended to four days for the first time ever this year, has long been the eCommerce juggernaut’s crown ...Read more
Uber Launches Exchangeable Bond Deal Featuring Rare Structure
May 20, 2025
A $1.2 billion exchangeable bond deal announced last week by Uber Technologies reportedly features a rare structure that is appealing to investors and to Uber. The deal is tied to Uber’s ...Read moreAutonomous Transport Could Drive Trucking Into Digital Transformation’s Fast Lane
May 15, 2024
In America, we move most of our goods by road. This makes trucks and 18-wheelers a crucial, even definitive, part of any supply chain. It also highlights the compounding impact of ...Read moreUber Eats and Waymo Roll Out Autonomous Delivery in Phoenix
April 3, 2024
Uber is expanding its Phoenix-based partnership with autonomous vehicle company Waymo. The company announced Wednesday (April 3) that it is now offering Uber Eats deliveries in the Arizona capital via Waymo vehicles. “Starting today in Phoenix, ...Read moreContinental and Aurora Finalize Autonomous Trucking System Design
January 5, 2024
Mobility technology firm Continental and self-driving technology company Aurora Innovation have finalized the design of a scalable autonomous trucking system and plan to start production in 2027. Finalizing the design and ...Read moreWaymo Via, Uber Freight Sign Partnership on Self-Driving Trucks
June 7, 2022
Waymo Via, Alphabet’s self-driving trucking unit, has signed a deal with Uber’s Freight business to help future customers deploy autonomous trucks more easily, Reuters wrote Tuesday (June 7). The partnership could ...Read moreSelf-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 more
From Kitchen to Front of House, Restaurants Deploy AI-Powered Robots
July 9, 2025Restaurants are integrating artificial intelligence (AI)-powered robots end-to-end in their operations, doing tasks such as serving food to diners, cooking meals, delivering food and even mixing cocktails. Robots are taking more ...Read moreAI Models and Tools: OpenAI Enables Creation of Shopify AI Assistants
July 3, 2025
OpenAI unveiled a way for retailers to create artificial intelligence (AI) shopping assistants in Shopify, according to a post on X. With a few clicks, developers can now connect the Storefront ...Read moreAmazon Nearing Equal Number of Human and Robot Warehouse Workers
July 1, 2025
Amazon reportedly has a record 1 million-plus robots working in its warehouses. That’s according to a report Tuesday (July 1) by The Wall Street Journal (WSJ), which points out that the eCommerce giant is ...Read moreNvidia and Foxconn Aim to Use Humanoid Robots in AI Server Factory
June 20, 2025
Humanoid robots could reportedly begin helping assemble Nvidia artificial intelligence servers at a factory in Houston by the first quarter of 2026. That is the goal of Nvidia and Foxconn, Reuters ...Read moreSoftBank Seeks Support for Proposed $1 Trillion Complex to Build Robots and AI
June 20, 2025
SoftBank is reportedly seeking support from partners and the U.S. government to build a $1 trillion manufacturing complex in Arizona that would focus on robots and artificial intelligence. The company’s founder, ...Read moreAmazon Aims to Use AI to Help Robots Understand Natural Language Commands
June 4, 2025
Amazon said Wednesday (June 4) that its latest artificial intelligence (AI) projects are related to robots, last-mile delivery and supply chain optimization. The company highlighted these efforts in a Wednesday post ...Read moreABB Reportedly Exploring $3.5 Billion Sale of Robotics Business
May 27, 2025
Automation company ABB is reportedly preparing a possible deal for its robotics unit. The company is working with Bank of America and UBS on a spinoff or sale of the robotics business, Bloomberg ...Read moreWalgreens Ups Use of Robotics With New Micro-Fulfillment Center
May 20, 2025
Walgreens says it is boosting its investment in robotics with its new Minnesota-based micro-fulfillment center. The center, announced Tuesday (May 20), is based in the town of Brooklyn Park and will ...Read moreWalgreens Reportedly Upping Use of Robot-Powered Pharmacies
May 12, 2025
Walgreens is reportedly increasing its use of robots to fill prescriptions for its retail locations. Company officials told CNBC in a report Sunday (May 11) that the pharmacy hopes to have its 11 micro-fulfillment ...Read moreThis Week in AI: S&P, Etsy Leverage AI, Instacart CEO Joins OpenAI, Amazon and Walmart Go Robotic
May 9, 2025
In an exclusive interview with PYMNTS, S&P Global Chief AI Officer Bhavesh Dayalji said he sees agentic artificial intelligence (AI) as the next transformational wave for business analysis and workflows. The financial ...Read more
Albertsons Says New AI and Interactive Features Boost Digital Sales
July 16, 2025
Albertsons Companies saw growing engagement with its digital platforms during the last quarter. The food and drug retailer’s digital sales increased 25% during the quarter ended June 14, outpacing its 2.8% increase ...Read moreEstée Lauder Targets Younger Consumers in New Digital Push
July 16, 2025
Estée Lauder is reportedly embarking on a new online retail push to reinvigorate slumping sales. That’s according to a report Wednesday (July 16) by The Wall Street Journal (WSJ), which includes an interview with ...Read moreAmazon Says Customers Saved ‘Billions’ During Extended Prime Day
July 13, 2025
Amazon says its longest Prime Day sale was also its biggest. The eCommerce giant announced Saturday (July 12) that its yearly summer sale produced record sales and savings in its newly ...Read moreAmazon Prime Day Average Household Spend Reaches $156, Numerator Says
July 11, 2025
Market research company Numerator said Friday (July 11) that the average household spend during Amazon’s first four-day Prime Day sales event reached $156.37. The average order size during the event was $53.34, and nearly ...Read moreCostco Sales Rise 5.8%, Driven by Fresh Food and Non-Food Categories
July 11, 2025
Costco’s total company comparable sales increased 5.8% in June, driven by demand for fresh foods and non-food categories like jewelry, major appliances and gift cards. By region, the retailer’s sales were ...Read moreHow Brands Can Deepen Customer Connections in the Metaverse
July 10, 2025
A new study sheds light on how brands can deepen their engagement with consumers in the metaverse through interactions with their “digital doppelgängers.” Unlike 2D avatars, digital doppelgängers are 3D versions ...Read morePrime Day First-Day Sales Dive 41%, Retail Consultant Reports
July 9, 2025Amazon’s sales reportedly dropped 41% on the first day of its four-day Prime Day sales event compared to the first day of last year’s two-day event. Momentum Commerce reported that figure ...Read moreAdobe Says Retailers’ AI-Driven Traffic Will Leap 3,200% During Prime Day
July 8, 2025
Adobe said Monday (July 7) that during Amazon’s Prime Day sales event that runs from Tuesday (July 8) through Friday (July 11), it expects the amount of traffic to all ...Read moreAmazon, Walmart Summer Sales Become Stress Test for Consumer Spending
July 8, 2025
For the world’s biggest retailers, summer means two things: sales events, and more sales events. Amazon kicked off its annual summer sale on Tuesday (July 8), and the eCommerce giant announced that its ...Read morePrime Day Could Be ‘Quite a Test’ for Tariff-Rattled Consumers
July 8, 2025
Will U.S. tariffs cause shoppers to sit out this year’s Prime Day? Amazon kicked off its annual summer sale on Tuesday (July 8), but as Bloomberg News reported, the trade war has caused some ...Read more
Walmart Teams With Fiserv on Instant Bank Payments
September 19, 2024
Walmart is reportedly enhancing its pay-by-bank offering via a partnership with Fiserv. The retailer began offering pay-by-bank with Walmart Pay earlier this year, Bloomberg reported Thursday (Sept. 19). But those transactions, ...Read moreNew 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 more