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.
Walmart Adds Two Global Governance Leaders To Support Financial Services
August 23, 2019
To help advise its financial services business as one global team, Walmart has added two new global governance leaders. Emma Waddell will join the company as vice president of financial ... Read moreAmazon Walmart Whole Paycheck Tracker: Beauty, Fashion And Food
August 23, 2019
There was something of an “everything-but-the-kitchen-sink” feel to the race for the consumer’s whole paycheck this week, as both Amazon and Walmart were throwing a lot of ideas at a ... Read moreWalmart Debuts Earth To Skin Product Line
August 23, 2019
With only products that cost less than $10, Walmart debuted its new Earth to Skin skincare line. The products are made with more natural ingredients and don’t have ingredients such ... Read moreThe Big Winners (And Losers) Of Retail Earnings Season
August 23, 2019
As the results from the nation’s most prominent names in retail came rolling in for Q2, one could not help but think back to high school and recall what is ... Read moreAmazon Fresh Expands To India
August 22, 2019
Amazon announced on Thursday (Aug 22) that it’s bringing its online grocery business, Amazon Fresh, to India, according to a report by CNBC.
The news comes on the heels of Amazon’s ... Read moreMobile Checkout Finds Fresh Fuel From 7-Eleven
August 22, 2019
Mobile checkout is getting a boost from one of the largest retailers, further evidence of the technology’s continuous move deeper into the consumer mainstream.
According to a report from Chain Store Age, ... Read moreAmazon Fresh Deliveries Flop In Germany
August 21, 2019
Deutsche Post DHL has stopped making Amazon Fresh deliveries in Germany due to low demand.
A spokeswoman confirmed to Reuters that DHL was ending its partnership with Amazon Fresh, but she ... Read moreAmazon Launches Hebrew-Language Site To Draw Israeli Sellers
August 21, 2019
Amazon launched a Hebrew-language site on Wednesday (Aug. 21) in a bid to get Israeli companies to sell through the company in the country, according to a report by Reuters.
The ... Read moreAmazon’s Biggest Campus In The World Opens In India
August 21, 2019
Amazon opened its biggest campus in the world on Wednesday (Aug 21) in Hyderabad, India, according to a report by Reuters.
The move illustrates Amazon’s aggressive push to expand in the ... Read moreThe Grocery Report: New Products, New Partnerships And New Channels
August 21, 2019
Once upon a time, mothers everywhere told their daughters that the way to a man’s heart was through his stomach. Modern-day research even proves that point — preparing a home-cooked ... 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
Toyota To Conduct Joint Robotic Research With Preferred Networks
August 7, 2019
To help fuel efforts to create robot helpers for homes, Toyota Motor Corp is turning to Preferred Networks Inc to conduct joint research. The idea is to create service robots ... Read moreAttabotics Secures $25M For Supply Chain Robotics
July 31, 2019
Supply chain technology company Attabotics has announced $25 million in funding, according to a press release issued Tuesday (July 30).
Based in Canada, Attabotics revealed the Series B investment round was ... Read moreDeep Dive: Can Automation Solve Grocers’ Inventory Management Challenges?
July 30, 2019
Brick-and-mortar retailers have one key advantage in the competition against eCommerce: Only they can immediately provide physical products. That advantage evaporates if consumers arrive at stores only to find the ... Read moreWhy 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 more
Walmart Adds Two Global Governance Leaders To Support Financial Services
August 23, 2019To help advise its financial services business as one global team, Walmart has added two new global governance leaders. Emma Waddell will join the company as vice president of financial ... Read moreAmazon Walmart Whole Paycheck Tracker: Beauty, Fashion And Food
August 23, 2019There was something of an “everything-but-the-kitchen-sink” feel to the race for the consumer’s whole paycheck this week, as both Amazon and Walmart were throwing a lot of ideas at a ... Read moreApple’s Shiny (Possibly Damaging) Card Offers Design Lessons
August 23, 2019
In the drive for luxury, for exclusivity, how far is too far before high-end goods risk alienating – well, everybody?
Let’s start with the mantra that “form follows function.”
It’s one of ... Read moreWSJ Investigation Finds Thousands Of Unsafe Products On Amazon
August 23, 2019
The Wall Street Journal did an investigation of thousands of Amazon’s third-party items and found a large amount were unsafe, mislabeled or banned in the U.S.
The WSJ found that approximately ... Read moreRetail Pulse: Wayfair Opens Mall Store; Banana Republic Unveils Style Passport
August 23, 2019
Online furniture retailers are stepping further into the world of physical retail with permanent brick-and-mortar stores. Wayfair, for instance, opened a store at the Natick Mall in suburban Boston, where ... Read moreQSRs Provide Fresh Look At Retail Innovation Trends
August 23, 2019
For a glimpse at how innovation is playing out in the retail world, it always helps to take a look at recent developments in the world of quick-service restaurants, or ... Read moreHasbro To Acquire Entertainment One For About $4B
August 23, 2019
In an all-cash deal, Hasbro will purchase Entertainment One for 3.27 billion pounds or roughly $4 billion in cash. The deal is said to offer new exposure to the Power ... Read moreWalmart Debuts Earth To Skin Product Line
August 23, 2019With only products that cost less than $10, Walmart debuted its new Earth to Skin skincare line. The products are made with more natural ingredients and don’t have ingredients such ... Read moreHow Sports Stadiums Are Undergoing Digital Transformations
August 23, 2019
No industry is immune to digital transformation. Sure, activities like shopping online, getting food delivered, catching a cab or finding a gig are some of the most front-and-center examples. But ... Read moreReport: YTD India FinTech Investments Top $722M
August 23, 2019
Alt lending, and, of course, digital payments, were top of mind for investors targeting India FinTechs these past few weeks. We take stock of two quarters and the YTD — ... 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