Walmart has developed a system of platforms as the basis of a combined proprietary artificial intelligence, GenAI, augmented reality and immersive commerce function that the company maintains will allow it to accelerate its entry into a new retail era. The company...
The Walmart Holiday Deals event runs October 8-13 with bargains on gifts and early access for the company loyalty program members. Walmart reported almost 50% of consumers had begun their holiday shopping by August and September. As seasonal shopping rolls along,...
Sam’s Club is establishing new workforce compensation and career mapping programs designed to strengthen staffing at a time when getting and keeping employees has been a challenge for retailers. Sam’s Club stated that, in an increasingly competitive retail landscape,...
Walmart lined up initiatives for participants at its Let’s Grow! 2024 Walmart Marketplace Seller Summit covering category expansion, multichannel fulfillment and new features that simplify selling across markets, as well as new efforts in beauty and recommerce....
Walmart posted second-quarter comparable sales gains highlighting marketplace and advertising growth, beating Wall Street revenue and earnings estimates in the process. Company net income was $4.5 billion, or 56 cents per diluted share, versus $7.89 billion, or 97...