Walmart is providing insights into how it will apply technology to enable the company to pursue a new type of commerce, one that is customer-centric, interconnected, frictionless, and consistently exceeds expectations. In so doing, Walmart outlined a plan for ongoing...
Sam’s Club plans to open two new distribution centers in early 2024, one each outside St. Louis and Minneapolis. The Walmart warehouse club division announced that the distribution centers are part of a multi-year growth plan to transform the supply chain at...
Walmart surpassed third-quarter Wall Street estimates as earnings and revenue gained while some product costs, including in general merchandise, moderated. The company posted net income of $453 million, or 17 cents per diluted share, versus a loss of $1.8 billion, or...
Joining in retail’s October holiday promotional festivities, Sam’s Club is offering discounts on memberships at $55 for Plus, normally $110, and $15 for Standard, down from $50. The lowered prices are for new members, and consumers can sign up for the discounted...
Walmart corporate leadership recently appeared at a pair of annual analyst meetings and provided a fresh perspective on recent activity and the direction of the Walmart and Sam’s Club businesses. The executives outlined a plan to boost general merchandise, including...
