The Justice Department sued Walmart on Tuesday for what it said was the company’s role in fueling the nation’s opioid crisis by allowing its network of pharmacies to fill millions of prescriptions for opioids, thousands of which authorities said were suspicious. The 160-page civil complaint alleges that the retail giant [...]
The U.S. Supreme Court turned away a bid by Walmart Inc. to start selling liquor at its Texas stores, leaving intact for now a state law that bars such retail sales by publicly-owned companies. The rebuff, which came without comment, sends Walmart’s challenge back to a federal trial court, where [...]
Labour activists in the US say big retailers like Amazon and Walmart must do more to protect workers as surging coronavirus cases coincide with the holiday shopping rush. They are calling for hazard pay, paid sick leave and better communication about outbreaks, among other things. The campaign comes as workers [...]
Workers at Walmart, Amazon, Kroger and other major retailers are calling on their employers to reinstate hazard pay and strengthen safety protocols ahead of the busy holiday shopping season as coronavirus infection rates skyrocket. The United Food and Commercial Workers Union (UFCW), which represents 900,000 grocery employees at chains such [...]
A sizable number of the recipients of federal aid programs such as Medicaid and food stamps are employed by some of the biggest and more profitable companies in the United States, chief among them Walmart and McDonald’s, according to a new report from Congress’s nonpartisan watchdog. The Government Accountability Office [...]
Walmart is cruising into a new self-driving car delivery pilot. Starting early in 2021, shoppers in the Scottsdale, Arizona, area will be able to opt in for contact-free deliveries via self-driving Cruise cars. Cruise, now owned by General Motors, features an all-electric fleet and was founded in 2013. Walmart's Senior [...]
COVID-19 has changed the way we shop. Even with much of the U.S. back open for business, online sales were still up 40% in August versus the year prior. And Americans have spent $107 billion more online than they had last year by this point. The days of lazily strolling through [...]
Walmart’s planned investment in TikTok is being called “transformative.” Another analyst predicted the deal could “redefine retail” across the industry. “It is a bigger-picture opportunity,” said Oliver Chen, a retail analyst at Cowen. Known for its homogeneous big-box stores in rural and suburban America, Walmart has turned more than a [...]
Kroger Co. was downgraded to neutral from buy at Bank of America with analysts citing intensifying competition with other mass grocers. Bank of America moved its price objective to $40 from $42. Grocers have seen sales soar during the coronavirus pandemic as more customers, who are working, schooling and spending [...]
Walmart is rolling out its newest and much-anticipated attempt to compete with Amazon Prime: a membership service that will give customers free shipping on tens of thousands of items, including produce and groceries. The service, Walmart+, will cost $98 a year. That is lower than the $119 charged for Amazon [...]