Sam’s Club has entered into an agreement with Visa to begin accepting Visa credit cards starting Feb. 1.
Walmart said it will close 269 stores worldwide this year, including many of its smallest stores, in an unprecedented move CEO Doug McMillon characterized as being more disciplined about growth.
The Fresh Market is turning to a veteran of Walmart and Ahold USA to help the struggling food retailer boost sales.
Walmart may be planning to release its proprietary Walmart Pay mobile wallet application this year, but at least online is preparing for a varied digital payment landscape.
Shoppers at Walmart stores will soon be able to pay with their smartphones as the retailer has developed a unique solution to become the newest entrant in the crowded world of mobile wallets.
Walmart has recalled marketing executive Tony Rogers from his post in China to lead the retailer’s domestic marketing efforts strategy along with input from a former Target executive.
Unconfirmed media reports indicate Target is in the early stages of developing its own mobile payment solution. If true, Target would join other major retailers like Walmart and Starbucks in making mobile payment a proprietary proposition.
Walmart and the Walmart Foundation is out with its annual Giving Report which puts a monetary value on all the ways the retailer and its charitable arm sought to make a difference during the 2015 fiscal year.
As Walmart prepares to launch its Walmart Pay mobile pay solution, the discounter should study Starbucks’ success in the mobile payments area, according to a report by TheStreet.