Walmart has finally made it official: As of October, it will directly offer federally-insured checking accounts, albeit through an arrangement with longtime partner Green Dot. The service will be called Go Bank and its raison d’etre is to waive fees for bounced checks, overdrafts and...
Walmart and Best Buy have both said that they will not initially accept Apple Pay transactions, the Wall Street Journal reported on Wednesday (Sept. 10). Due to contractual obligations with a competing mobile wallet, MCX (which Walmart founded and still dominates), neither retailer may have...
Global sales are a huge priority for Walmart, but of its largest non-U.S. markets, the world’s largest retailer struggles with China the most. For its most recent quarter, for example, Walmart’s top five non-U.S. markets (those with more than $10 billion in annual sales: Mexico,...
December 09, 2014
Walmart’s China operations are running into internal resistance as the chain tries to embrace very Web- and mobile-friendly shoppers in China. “As E-commerce spreads in China, Wal-Mart faces mounting pressure to adjust its business approach as well as update attitudes. So far, though, the company appears more committed to the physical store business than cyber […]
September 24, 2014
Walmart has finally made it official: As of October, it will directly offer federally-insured checking accounts, albeit through an arrangement with longtime partner Green Dot. The service will be called...
September 11, 2014
Walmart and Best Buy have both said that they will not initially accept Apple Pay transactions, the Wall Street Journal reported on Wednesday (Sept. 10). Due to contractual obligations with...
August 29, 2014
Global sales are a huge priority for Walmart, but of its largest non-U.S. markets, the world’s largest retailer struggles with China the most. For its most recent quarter, for example,...
