Wal-Mart

Walmart to Buy TV Maker Vizio for $2.3B
February 20, 2024 at 5:40 pm

Walmart has agreed to buy TV maker Vizio, the companies announced Tuesday, as the largest U.S. retailer grows its high-profit ad business, reports CNBC. Walmart will acquire Vizio for $2.3 billion, or $11.50 per share, in cash. The big-box retailer announced the acquisition as it reported its fourth-quarter earnings. Walmart and its Samโ€™s Club warehouseโ€ฆ

Reports: Walmart to Enter Buy Now, Pay Later Payment Space
December 12, 2022 at 4:28 pm

A Walmart-backed fintech startup called One plans to launch a buy now, pay later (BNPL) payment service as soon as next year, according to three people familiar with the matter. The news could put the worldโ€™s largest retailer in competition with other fintech lenders. One, which Walmart hopes will morph into an all-in-one app where consumers canโ€ฆ

Walmart Launches Healthcare Research Institute, Increasing Provider Offerings
October 11, 2022 at 8:54 pm

Walmart announced on Tuesday the launch of the Walmart Healthcare Research InstituteSM (WHRI) to increase community access to healthcare research that may help lead to safer, higher quality and more equitable healthcare. WHRI will be focused on innovative interventions and medications that can make a difference in underrepresented communities, including older adults, rural residents, and women andโ€ฆ

Walmart Unveils Virtual Try-On Tool
September 19, 2022 at 6:35 pm

Walmart has rolled out a virtual try-on tool that helps shoppers see how a shirt or another piece of clothing would look on their own bodies. It's the latest feature the company has added to its website, and it comes following the acquisition of Zeekit, a virtual fitting room startup. Walmart launched its first iteration of the toolโ€ฆ

Walmart Launches College2Career Program
May 16, 2022 at 8:13 pm

This summer Walmart is piloting a new College2Career program, which will give young professionals the chance to fast-track their careers by helping to run a multi-million-dollar business: one of its Walmart stores. According to a blog post on Walmart.com, the program is for recent college graduates and current college students within 12 months of graduating,โ€ฆ

Walmart to Open 2 New Tech Hubs, Hire 5,000 Tech Workers
March 15, 2022 at 7:12 pm

Walmart announced Tuesday it's making a significant commitment to expanding its global technology operation. The Walmart Global Tech (WGT) division is adding hubs in Toronto and Atlanta, and also plans to hire more than 5,000 technology associates globally during fiscal 2022. According to the company, Atlanta and Toronto have been chosen as its newest techโ€ฆ

Reports: Amazon, Walmart No Longer Requiring Masks for Vaccinated Employees
February 14, 2022 at 6:16 pm

Walmart and Amazon.com both said last week that it will not will no longer require vaccinated employees to wear masks while working in their facilities. In an internal memo to employees, Amazon said vaccinated employees in the U.S. have the option to work without masks beginning Feb. 11 where permitted by local regulations, Reuters reported last week. Amazonโ€ฆ

Walmart Plans to Enter the Metaverse With Cryptocurrency and NFTs
January 19, 2022 at 7:16 pm

Walmart appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of non-fungible tokens, or NFTs, reports CNBC. The big-box retailer filed seven new trademarks late last month that indicate its intent to make and sell virtual goods, including electronics, home decorations, toys, sporting goods and personal care products.โ€ฆ

Report: More Than Half of U.S. Consumers to Shop Online Cyber Weekend
November 22, 2021 at 8:56 pm

For the first time in history, more than half of U.S. consumers will shop online between Thanksgiving and Cyber Monday, with online retail sales approaching one-third of all Cyber weekend sales, according to a report from Numerator, a data and tech company serving the market research space. Last year, 47 percent of households shopped onlineโ€ฆ

Report: Walmart Corporate Employees to Return to Office in November
October 25, 2021 at 4:36 pm

Walmartโ€™s corporate employees will begin to return to the retailer's Arkansas headquarters and other offices across the country in early November, according to a companywide memo obtained by CNBC. In a memo sent to employees Oct. 22, the big-box retailer said employees will โ€œtransition to working together in our campus offices on a more regular basisโ€โ€ฆ