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Walmart
Walmart is a U.S. multinational retail corporation that operates a chain of hypermarkets, discount department stores and grocery stores. It is headquartered in Bentonville, Arkansas.
Roblox, Digital-First Shopping, QR Codes Top This Week’s News
January 15, 2021
In this week’s news, we saw Roblox’s plans to go public through a direct listing, consumers’ preferences for a digital-first shopping experience and the rising popularity of quick-response (QR) codes. ...Marc Lore Retiring From Walmart To Create City Of The Future
January 15, 2021
Serial entrepreneur and Jet.com Founder Marc Lore is retiring as Walmart’s CEO of eCommerce to help startups and write a book while pursuing his passion of developing a city of ...Whole Paycheck Tracker: Amazon, Walmart Gain Q3 eCommerce Sales, But Lose Share Of Total Spend
January 15, 2021
PYMNTS’ latest Walmart vs. Amazon Whole Paycheck Tracker found that the two retail giants did something unusual during the third quarter: They either remained flat or lost ground in the ...Grocery Roundup: Walmart, Tesco Meet The New Digital Consumers
January 14, 2021
Grocery shopping has become a very different animal in the last year as consumers have radically altered their shopping preferences. Once a weekly physical activity relegated to weekends by the ...Today In Payments: Visa Opts Out Of Plaid Acquisition, Cites Complex Litigation; BillTrust To Make NASDAQ Debut Today Trading As BTRS
January 13, 2021
In today’s top news, Visa opted out of its acquisition of Plaid after the DOJ sued over antitrust concerns, and Billtrust is expected to start trading today after completing its ...Walmart Partners With HomeValet On Smart Box Technology For Fresh Deliveries
January 12, 2021
Retail giant Walmart is teaming up with delivery solutions startup HomeValet to launch a test pilot that would bring fresh groceries to people’s homes even if they’re not there.
“If there’s ...Walmart Eyes FinTech Expansion With Ribbit Capital Partnership
January 12, 2021
For Walmart, FinTechs are in sight — but where to from here?
As reported, Walmart is working with Ribbit Capital to create an as-yet unnamed FinTech that would, the companies said ...Walmart Creates FinTech Startup
January 11, 2021
From big box retailer to payments provider — from consumer-focused behemoth to financial services juggernaut?
Perhaps.
Walmart announced Monday (Jan. 11) in a press release that it is creating a FinTech startup.
The ...Trying To Reason With Returns Season: 51 Percent Of Consumers Would Keep Goods For Discounts
January 11, 2021
While early to mid-January is always the return season, this year has long been forecast to be a spot more active than its predecessors given the volume of gifts bought online during ...Amazon Prime, Walmart+ See Post-Holiday Declines As Free Trials Expire
January 11, 2021
Amazon Prime and the recently launched Walmart+ both saw drop-offs in U.S. paid subscribers in late December, but Walmart+ fell further — showing the newcomer has a fight on its ...Skip It: Amazon, Walmart Tell Consumers To Keep Unwanted Gifts
January 10, 2021
Amazon and Walmart are among the big retailers trying out a new way of handling refunds, according to a report from The Wall Street Journal (WSJ). Customers can ask for ...Today In Retail: CarLotz Gets Green Light From Its Investors For Merger; PriceSmart’s Net Merchandise Sales Climb 7.7 Pct
January 8, 2021
In today’s top retail news, CarLotz, Inc. says it has received the necessary approval from its investors to complete a potential merger with a blank-check company, while PriceSmart, Inc. reported a ...Whole Paycheck: Amazon And Walmart Use Drones, Self-Driving Trucks And 767s to Beat Each Other At Delivery
January 8, 2021
Winning the battle for the consumer’s whole paycheck requires winning the battle for delivery, and Amazon and Walmart are throwing everything from driverless trucks to drones to a new Amazon ...Kroger, CVS, Walmart Ready For Their Role As COVID Vaccinators
January 6, 2021
In the closing weeks of 2020, we learned that the distribution of COVID-19 vaccines will involve a mass retail mobilization. As gifting holidays shifted into high gear after Thanksgiving, The ...Walmart Talks Up Its Advertising Platform In Bid To Challenge Amazon
December 30, 2020
The Walmart Media Group is looking to take on Amazon’s advertising division by touting what the retail giant can do for online sellers.
Walmart Media Group said it has increased “net new advertisers ...Flipkart Wholesale Business Growing Rapidly After App's Launch
December 28, 2020
India-based Flipkart said its new wholesale operation, a business-to-business (B2B) marketplace, has surged in popularity as the pandemic has pushed more sales online.
Flipkart Wholesale has seen a “75 percent month-on-month ...Digital-First Economy Redefines Retail And Consumer Behavior
December 24, 2020
When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. The numbers speak ...Justice Department Sues Walmart Over Opioid Sales
December 22, 2020
The U.S. government sued Walmart Tuesday (Dec. 22), claiming that the retail giant exacerbated the country’s opioid crisis by not sufficiently keeping watch for suspect prescriptions despite warnings by its ...Today In Retail: Walmart Unveils Carrier Pickup Service For Returns; Dick’s Sporting Goods Teams With Instacart For Same-Day Delivery
December 21, 2020
In today’s top retail news, Walmart shoppers can return items that are bought through the web and are shipped and sold by Walmart.com without needing to leave their residences, while ...eCommerce Delivery And Shopping In The Pandemic Era
December 21, 2020
Nordstrom is rolling out a same-day gift delivery service in New York City that will be available for orders placed by late afternoon. Meanwhile, Walmart and Amazon are jousting to the end in an effort to win ...Target, Walmart Adjust Holiday Delivery Processes As Shipping Crisis Peaks
December 21, 2020
Ten million packages. Gridlocked. These are some of the numbers and terms being used to describe the state of holiday shipping as the last week of the holiday shopping season ...Walmart Introduces Carrier Pickup Service For Customer Returns
December 21, 2020Walmart shoppers can return merchandise bought through the web that is shipped and sold by Walmart.com without having to leave their residences. Shoppers can now set up a time for ...From The Final Week To The Final Mile: Amazon And Walmart Battle To The End
December 18, 2020
As they finish up a year of massive disruption and exponential sales increases, Amazon and Walmart are taking their battle for the U.S. consumer’s whole paycheck into the last week ...Walmart Plans First Social Commerce Livestream On TikTok
December 17, 2020
Retail giant Walmart is teaming up with the social media platform TikTok to offer shoppable product offerings directly within the app’s chat window.
During a Walmart livestream scheduled for Friday (Dec. ...Walmart Joins Livestreaming Trend With TikTok; New 'Shop Party' App Debuts
December 17, 2020
At a time when the coronavirus has sent record numbers of consumers online instead of to the mall, livestreaming is filling the social vacuum. There’s no better example of the ...Walmart, Gatik Expand Self-Driving Truck Test To Louisiana; Arkansas Test Will Now Be Driverless
December 16, 2020
Walmart announced Tuesday (Dec. 15) that Gatik, the autonomous delivery network, will operate a driverless box truck on one route in Arkansas, a press release says.
The route will run between ...Vaccine Now Available, Grocery Category Continues Digital Transformation
December 15, 2020
At long last a Covid-19 vaccine is officially being distributed in the United States. Getting it out, however, will be a long-term, multi-phase process. Mass distribution, if everything goes according ...Whole Paycheck Tracker: Amazon, Walmart Play Different Roles In Vaccine Distribution
December 11, 2020
After a year in which both Walmart and Amazon prospered in their share of the digital-first economy, the two retailers who lay claim to the U.S. consumer’s whole paycheck are ...CVS, Walmart To Provide COVID Vaccinations
December 10, 2020
Major U.S. retailers CVS and Walmart are readying to begin distributing COVID-19 vaccines, according to published reports.
CNBC reported that CVS is ready to begin doling out the vaccines to the ...Walmart Mexico Eyes App Enhancement To Keep Money Transfers In-House
December 8, 2020
At a time when the pandemic has seen a massive shift toward digital commerce, the Mexican arm of Walmart – the world’s largest retailer – is looking to leverage the ...Today In Payments Around The World: Google Pay Teams With India’s Qwikcilver; New EU Guidelines Request Search Ranking Criteria Disclosure
December 8, 2020
In today’s top payments news around the world, Qwikcilver has launched its Woohoo digital gift card store on the Google Pay Spot Platform, while new European Union (EU) guidelines ask ...Walmart’s Flipkart Reportedly Edging Closer To Launching An IPO
December 7, 2020
Talk of Walmart-controlled Flipkart Group going public is heating up as the Indian company continues to expand. Flipkart is an eCommerce marketplace site competing against the likes of Amazon and ...Walgreens Follows Amazon And Walmart Into The Retailer-as-Ad-Agency Trend
December 4, 2020
The hot new thing in “Big Retail” is offering in-house advertising on your website to your vendors – because why get paid only once on a purchase if you can ...Today In Payments: Stripe To Offer Banking As A Service To Merchants; Affirm Expands Canadian Presence With PayBright Buy
December 4, 2020
In today’s top news, Stripe will offer financial services to merchants on its platform, Affirm acquired BNPL firm PayBright, and J.P. Morgan analysts predict merger and acquisition deals to continue ...sticky.io CEO Says Walmart Among Those Building Stronger Customer Relationships Through Subscriptions
December 4, 2020
This year’s holiday shopping season is going to be very different — and very digital — than what’s come before, sticky.io CEO Brian Bogosian told Karen Webster in a recent ...Today In Payments: Walmart's Flipkart Planning To Spin Out PhonePe; Starboard Urges ACI To Put Itself Up For Sale
December 3, 2020
In today’s top news, Flipkart is planning to sell a percentage of its payments arm PhonePe, and Starboard wants to see ACI Worldwide put itself up for sale. Plus, Ant ...Walmart Laying Off More Than 1,200 Workers Even As Digital Shopping Booms
December 3, 2020
Walmart is reportedly laying off an additional 1,200 workers as part of a reorganization that encompasses the big consumer shift to online shopping.
In July, Walmart cut its workforce by laying off ...Walmart's Flipkart Planning To Spin Out Mobile Payments Arm PhonePe
December 3, 2020
Walmart-owned Indian eCommerce business Flipkart is planning to sell off a percentage of its digital payments division PhonePe in an effort to facilitate funding for expansion.
Chief executive officer of PhonePe Sameer ...Digital-First App Usage Spells Future Of The Connected Economy
December 3, 2020
The pandemic has significantly altered the way consumers of all age groups and income levels shop and pay, with many turning to online and mobile channels to reduce health risks. ...Walmart Adds Free Shipping To Walmart+ Subscription Program
December 2, 2020
Another day, another move to capture consumer spend as the holiday shopping season enters into its second half in 2020. This time around it’s an announcement of a new perk for ...