Trend Results : Wal-Mart Stores Inc


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Wal-Mart in talks to sell China e-commerce platform to JD.com: WSJ

(Reuters) - Wal-Mart Stores Inc is in talks to sell its Chinese e-commerce platform, Yihaodian, to JD.com Inc, the Wall Street Journal reported, citing people familiar with the situation. The exact terms of the proposed deal are unclear...Show More Summary

Wal-Mart looks to drones for warehouse management

MEMPHIS—Wal-Mart Stores Inc. (NYSE: WMT) is testing drones for use at its warehouses. During a media tour of a distribution center, the Bentonville, Arkansas, retailer said recently it is testing warehouse drones and could roll themShow More Summary

Wal-Mart names Sean Clarke as Asda head

(Reuters) - Wal-Mart Stores Inc said on Monday that Asda chief executive Andy Clarke has decided to leave the company and will be replaced by Sean Clarke. The company also said that Roger Burnley will become the deputy CEO of Asda and Dirk Van De Berghe, CEO of Wal-Mart Canada, will take over leadership of Walmart's China business. Show More Summary

Wal-Mart wage hike to $15 an hour would cost it $4.95 billion: study

CHICAGO (Reuters) - Wal-Mart Stores Inc would have to spend an additional $4.95 billion if it were to raise the minimum wage for its hourly employees in the United States to $15 per hour from the current $10 per hour, according to an estimate by the UC Berkeley Center for Labor Research. Show More Summary

China commerce ministry removes curbs on Wal-Mart's Yihaodian deal

HONG KONG (Reuters) - China's Ministry of Commerce has removed restrictions on Wal-Mart Stores Inc's deal in 2012 to raise its stake in online supermarket Yihaodian, and said the move would not impact the already competitive market.Show More Summary

Wal-Mart says tech investments will boost online sales

By Nandita Bose FAYETTEVILLE, Ark. (Reuters) - Wal-Mart Stores Inc executives touted the technology investments the world's No. 1 retailer is making to boost online sales, during the annual shareholder meeting on Friday. Chief Executive...Show More Summary

Uber and Lyft team up to deliver for Wal-Mart

Wal-Mart Stores Inc. has enlisted ride-hailing companies Uber and Lyft to help it battle rising grocery competitor Amazon.com Inc. The two San Francisco firms will partner with Wal-Mart to get last-mile grocery deliveries to customers as part of a test program starting in two weeks. Uber will deliver...

Uber and Lyft team up to deliver for Wal-Mart

Wal-Mart Stores Inc. has enlisted ride-hailing companies Uber and Lyft to help it battle rising grocery competitor Amazon.com Inc. The two San Francisco firms will partner with Wal-Mart to get last-mile grocery deliveries to customers as part of a test program starting in two weeks. Uber will deliver...

Walmart takes aim at Amazon with help from Uber and Lyft

BENTONVILLE, Ark. (AP) — Wal-Mart Stores Inc. says it will be testing its grocery delivery service with ride-hailing companies Uber and Lyft in the next two weeks in Denver and Phoenix. That's in addition to a quiet pilot program that...Show More Summary

Wal-Mart to test grocery delivery using Uber and Lyft

3 weeks agoNews : The Raw Story

Wal-Mart Stores Inc will partner with ride hailing services Uber and Lyft to trial online grocery deliveries, as it looks to speed up shipment times and better compete with rivals like Amazon.com Inc The world’s largest retailer said it would begin test deliveries within the next two weeks in...

Wal-Mart says it's six-nine months from using drones to check warehouse inventory

BENTONVILLE, Arkansas (Reuters) - Wal-Mart Stores Inc said Thursday it was six to nine months from beginning to use drones to check warehouse inventories in the United States, taking a step closer to using the technology to compete better with rivals. Show More Summary

Wal-Mart profit beats expectations; U.S. sales up

(Reuters) - Wal-Mart Stores Inc on Thursday reported a higher-than-expected quarterly profit as sales in the U.S. market rose and the retailer kept a lid on costs. Excluding special items, earnings per share came to 98 cents in the first...Show More Summary

Wal-Mart shrinks board to 12, founder's son to retire

(Reuters) - Wal-Mart Stores Inc said on Wednesday it will shrink its board by three members to 12, bringing it closer to U.S. corporate norms in a move the largest U.S. retailer hopes would allow it to respond more nimbly to rapid market changes. Show More Summary

Wal-Mart CEO pay rises slightly to $19.8 million: filing

(Reuters) - Wal-Mart Stores Inc Chief Executive Doug McMillon's pay rose slightly to $19.8 million in the year ended Jan. 31, a regulatory filing on Wednesday showed, even as profit at the largest U.S. retailer fell on higher costs.Show More Summary

Exclusive: Wal-Mart expands online grocery pickup to eight more cities

By Nathan Layne (Reuters) - Wal-Mart Stores Inc is expanding free curbside pickup of groceries into eight new cities this month including Kansas City and Austin as the retailer gains confidence it can make the strategy work on a larger scale, a senior executive told Reuters. Show More Summary

Wal-Mart: Cage Free Eggs by 2025

Bloomberg writer Nick Turner reported yesterday that, “Wal-Mart Stores Inc., the world’s largest retail chain, will sell 100 percent cage-free eggs in the U.S. by 2025, joining an industrywide shift toward a practice that’s seen as more humane. “As part of the transition, Wal-Mart and its Sam’s Club warehouse chain will require that its egg suppliers […]

Wal-Mart aims to switch to cage-free egg supply chain by 2025

(Reuters) - Wal-Mart Stores Inc said it was aiming to switch to a cage-free egg supply chain in the United States by 2025, joining a host of companies that have committed to stop using eggs laid by caged hens. The United States' biggest...Show More Summary

U.S. Supreme Court declines to take up Wal-Mart class action appeal

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday rejected Wal-Mart Stores Inc's bid to throw out a more than $150 million class action judgment over the retailers’ treatment of workers in Pennsylvania. The justices declined to...Show More Summary

Wal-Mart jumps into milk processing, hits Dean Foods' stock

(Reuters) - Wal-Mart Stores Inc said it will build a dairy processing plant in Indiana to supply private-label milk to about 600 stores, curtailing business with some suppliers in the retailer's sole foray into food processing in the United States. Show More Summary

AP Has Falsely Cited 'Perked Up' Sales at Wal-Mart Since Last Summer

Retail giant Wal-Mart Stores Inc. apparently got on the good side of the Associated Press a year ago when it announced that would be raising entry-level wages. Since that announcement, AP, in particular wire service reporter Anne D'Innocenzio,...Show More Summary

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