By Matt Day Source: Bloomberg People shopping online for groceries at Amazon.com Inc. or Walmart Inc. are more likely to encounter big differences in prices based on their location -- even down to the ZIP code -- than shoppers who venture into physical stores, researchers found. Software that adjusts an [...]
By Karen Weise and Michael Corkery Source: The New York Times Amazon has eclipsed Walmart to become the world’s largest retail seller outside China, according to corporate and industry data, a milestone in the shift from brick-and-mortar to online shopping that has changed how people buy everything from Teddy Grahams [...]
By Sam Silverstein Source: Grocery Dive The decision by Walmart to compel many of its employees to wear masks on the job, which reverses its declaration in mid-May that workers could shed face coverings as long as they were fully vaccinated, is a highly visible indication that the pandemic is [...]
By Russell Redman Source: Supermarket News CVS Health, Target and Walmart plan to test options to the single-use plastic shopping bag through the Consortium to Reinvent the Retail Bag’s Beyond the Bag Initiative. The three-year Beyond the Bag Initiative calls on retailers to “think outside the box” to address the [...]
By Ben Unglesbee Source: Health Care Dive Walmart's membership service drew comparisons to Amazon's Prime before Walmart+ was made public. But for Walmart, any contrasts it can draw are likely more important than similarities, such as free shipping. With Amazon offering drug discounts of its own through Prime in a [...]
By Bill Bishop Source: Supermarket News Thinking you know what to expect from the competition can get you in trouble, especially when things are changing fast, and that is exactly what is happening at Walmart. “It’s time for us to accelerate...our investment in micro-fulfillment centers,” Walmart CFO told analysts earlier [...]
By William J. Barber II And Cynthia Murray Source: Fortune This week at its annual shareholders meeting, Walmart celebrated the record profits it raked in during the pandemic. It certainly was a good year for the company and its owners. The Walton family saw their personal wealth increase by over $48 [...]
By Jeff Wells Source: Grocery Dive Walmart is taking another significant step to enhancing on-the-job smartphone use among its employees. The company introduced a “bring your own device” (BYOD) policy in 2018 that invited workers to use various workplace apps on their personal phones to manage their schedules and to [...]
By Charley Grant Source: The Wall Street Journal Corporate America has four trillion reasons to get into, and perhaps upend, the business of healthcare, but even a tech genius will find the system puzzling. Google parent Alphabet and hospital chain HCA Healthcare struck a deal this week to develop algorithms [...]
By Mike Troy Source: Progressive Grocer A first-quarter same-store sales increase of 6%, aided by federal stimulus payments and the continued strength of digitally enabled sales, has enabled Walmart to blow past analysts’ profit forecasts. Walmart said that sales at its U.S. stores division increased 5% to $93.1 billion, while [...]