Walmart News Now

03/06/2014 - 18:15

Walmart’s tepid sales performance in the fourth quarter is water under the bridge, so when Walmart U.S. CEO Bill Simon spoke this week at an investor conference he quickly focused on the growth potential of smaller stores, which are being expanded at a more rapid pace.

03/06/2014 - 17:19

Walmart didn’t mention competitive issues as a source of sales weakness during its fourth quarter, but reports this week from Kroger and Costco indicate they were at least a contributing factor.

02/27/2014 - 18:35

Walmart’s release of a “sustainable chemistry implementation guide” may not sound like the biggest news to come out of Bentonville, but the directives contained in the document are sure to have wide-ranging implications for suppliers’ products.

02/27/2014 - 18:06

WalmartLabs, Walmart’s online and digital development division, has acquired Seattle-based recipe technology startup Yumprint to expand its online grocery delivery services.

02/27/2014 - 17:13

Walmart honored more than a dozen trucking and transportation partners this week as “Carriers of the Year,” and the list includes many of the supply chain world’s biggest companies along with some lesser known firms.

02/24/2014 - 19:03

Walmart is awarding $1.75 million in grants from the Walmart Foundation to three of the nation’s leading nonprofit organizations: National Association for the Advancement of Colored People (NAACP), National Urban League (NUL) and United Negro College Fund (UNCF).

02/21/2014 - 12:42

Sam's Club has named David Badeen as VP health care. Badeen will be responsible for pharmacy, OTC, optical and hearing centers, as well as third party contracting and pricing. In this new role, he will report directly to Jill Turner-Mitchael, SVP health and wellness.

02/20/2014 - 18:29

One of the bright spots in Walmart’s otherwise dismal fourth quarter was an online business that grew 30% to $10 billion and is forecast to exceed $13 billion this year.

02/20/2014 - 15:56

Walmart shareholders have gotten spoiled by some hefty dividend increases in recent years, but that won’t be the case in 2014 when the annual payout rises a meager 2%.

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