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Tag Archives: walmart

Walmart CEO Talks Technology, Training and Embracing Change

Walmart CEO

Attendees of the National Retail Federation’s (NRF) industry event, NRF 2018: Retail’s Big Show, were able to network with peers, scout out new trends and learn from the top talent in the industry. One of the biggest benefits of attending ... Read More »

Walmart to Cut 1,000 Corporate Jobs

Walmart

Walmart is planning to slash more than 1,000 corporate jobs this month, The Wall Street Journal reports. The news comes shortly after the big-box retailer announced plans to raise its hourly minimum wage and close 63 Sam’s Club locations. “We’ve ... Read More »

Walmart to Close 63 Sam’s Club Locations, Lay Off Thousands

Sam's Club

Walmart unexpectedly announced it is closing 63 Sam’s Club locations across the U.S., potentially impacting up to 11,000 workers, Business Insider reports. According to Business Insider, many employees were unaware of the store closures until showing up for shifts to ... Read More »

Walmart Raises Its Minimum Wage, Gives Bonuses

minimum wage

Walmart has announced plans to raise its starting wage for hourly associates to $11. In many states, that boost in the starting wage will be higher than the legally required minimum wage. The retailer is also offering a one-time bonus ... Read More »

Amazon, Walmart Online Prices Closer Than Ever

acquisitions

A new study from financial data firm Market Watch finds that Walmart and Amazon’s online prices are closer than ever, Business Insider reports. The study, which tracked prices on Amazon and Walmart’s website, spanned 700 days. Walmart’s online prices were ... Read More »

Walmart Makes Official Name Change to Reflect Modern Retail

name change

As Walmart continues to compete with omnichannel retailers, the company has made a legal name change to reflect how modern customers shop the brand. On Dec. 6, Walmart announced plans to change the company’s legal name from Wal-Mart Stores, Inc. to ... Read More »

Walmart Tests New Pricing Strategy to Boost Online Margins, In-Store Sales

pricing

Walmart is testing a pricing strategy to boost margins for online purchases and drive in-store sales, reports The Wall Street Journal. The big-box retailer is selling products online at slightly higher prices than the same product in its stores as ... Read More »

Amazon Cash Expands to 8,000 7-Eleven Locations

amazon cash

Amazon Cash, a service that lets customers instantly add money to their Amazon.com accounts at brick-and-mortar retail locations, is now available at approximately 8,000 7-Eleven locations, technology blog TechCrunch reports. The service launched in April 2017 “as a way to ... Read More »