Wal-Mart

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.…

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 online…

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

Walmart’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 “transition to working together in our campus offices on a more regular basis”…

Walmart to Offer Bonuses to Keep Warehouse Workers on the Job Through the Holidays
August 9, 2021 at 6:53 pm

Walmart is offering special bonuses to many warehouse employees to work every hour they're scheduled and, in some cases giving temporary pay raises, as the country’s biggest retailer ramps up for the holiday shopping season with a tight labor market and stretched supply chains. According to The Wall Street Journal, the majority of Walmart’s 190 U.S. warehouses are offering…

Walmart and Gap Partner to Create Home Goods Brand
June 1, 2021 at 6:06 pm

Walmart and Gap have inked a multiyear deal to create a home goods brand, as the discounter looks to drive more online sales and the apparel retailer hopes to strengthen its brand among shoppers, reports CNBC. The brand, Gap Home, will launch exclusively on Walmart’s website on June 24, and eventually bring the most popular…

Walmart Says More Women, People of Color in Leadership Roles
April 26, 2021 at 7:42 pm

Walmart has increased the number of women and people of color in its officer roles in an effort to better reflect the country’s diversity among its top leadership. According to the retailer's annual diversity and inclusion report, which was published on Monday, Walmart’s representation of women and of people of color at the officer level…

Walmart Accelerates Renewable Energy Adoption With New Partnership
November 9, 2020 at 4:56 pm

In episode 272 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Zach Freeze, senior director of sustainability at Walmart. Listen in as Freeze discusses Walmart's Project Gigaton, its recent partnership with Schneider Electric to launch the Gigaton PPA (GPPA) Program, and how the initiative educates Walmart suppliers about renewable energy purchases and accelerates renewable energy adoption by participating…

Walmart Ends Robotics Contract, Betting On Human Workers Instead
November 3, 2020 at 6:45 pm

Walmart has cut ties with Bossa Nova Robotics, which made robots that scanned shelves for inventory, reports CNBC. The retailer has come up with other simple and cost-effective ways to manage the products on its shelves with its human workers rather than robots. A Walmart spokesperson noted that about 500 robots were in the company's…

Walmart+ Subscription Service to Launch This Month, Will Rival Amazon Prime
September 1, 2020 at 2:37 pm

Walmart on Tuesday unveiled a subscription service that will go toe-to-toe with Amazon Prime, reports CNN. The Walmart+ membership plan includes free shipping on items $35 and over, including same-day deliveries on certain items from stores, such as groceries. It will cost $98 a year or $12.95 a month, and includes a 15-day free trial period. Members…

Walmart and Instacart Partner for Same-Day U.S. Delivery
August 11, 2020 at 3:59 pm

Walmart is partnering with Instacart to offer same-day grocery delivery starting in a few U.S. markets, making it the latest major retail chain to team up with the grocery delivery service in the fight against Amazon.com and Whole Foods. The partnership between Walmart and Instacart is currently in a pilot phase in three California markets — Los…