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Tag Archives: Doug McMillon

Walmart Q1 2021 Revenue Reaches $138.3B

Walmart Q1

Big-box retailer Walmart posted its first-quarter sales, which saw the retail giant reporting $138.3 billion in total revenue, an increase of $3.7 billion, or 2.7 percent, from the same quarter last year. Walmart follows a nontraditional fiscal year, with the …

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Consumer Electronics Show Highlights New Retail Possibilities

retail technology

At the 2021 Consumer Electronics Show® (CES), the ways technology will impact the future of retail were on full display. Featuring presentations from global retail brands, tech entrepreneurs and industry analysts, CES 2021 was a look into the future of …

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Walmart, Target Have Diverging Plans for Retail Robots

retail robots

Walmart and Target are both using artificial intelligence to streamline their operations, but how each company is making use of retail robots underscores the possibilities and pitfalls of in-store robotic technology, an article from CNN reveals. Walmart is investing heavily …

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Walmart Invests $16B in E-Commerce With Flipkart Deal

Walmart has confirmed a $16 billion deal to buy a controlling stake in Flipkart, an Indian e-commerce company. The acquisition “is the largest acquisition yet by the world’s largest retailer,” according to an article from the Associated Press. Within the …

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