Content about Walmart News Now

August 28, 2014

China is known for some of the worst air pollution in the world and to help improve the situation Walmart has launched a new initiative focused on helping suppliers reduced greenhouse gas emissions.

China is known for some of the worst air pollution in the world and to help improve the situation Walmart has launched a new initiative focused on helping suppliers reduced greenhouse gas emissions.

August 28, 2014

Walmart’s senior director for payment strategy Reed Luhtanen is among a group of notable speakers scheduled to gather in Washington, D.C. September 10 to explore vulnerabilities and challenges faced by merchants and payment industry professionals.

Walmart’s senior director for payment strategy Reed Luhtanen is among a group of notable speakers scheduled to gather in Washington, D.C. September 10 to explore vulnerabilities and challenges faced by merchants and payment industry professionals.

August 28, 2014

Walmart’s seemingly endless Foreign Corrupt Practices Act investigation and mounting expenses drew the attention of the New York Times again this week which explored arcane legal issues that have muzzled a former Walmart lawyer.

Walmart’s seemingly endless Foreign Corrupt Practices Act investigation and mounting expenses drew the attention of the New York Times again this week which explored arcane legal issues that have muzzled a former Walmart lawyer.

August 21, 2014

Walmart will be opening two Walmart Care Clinics in Columbus, Ga., and in Carrollton, Ga., on Aug. 29, according to a report in the Columbus Ledger-Enquirer published Wednesday.

Walmart will be opening two Walmart Care Clinics in Columbus, Ga., and in Carrollton, Ga., on Aug. 29, according to a report in the Columbus Ledger-Enquirer published Wednesday.

August 21, 2014

Walmart plans to launch its opening price point private label, Price First, nationwide in late third quarter.

Walmart plans to launch its opening price point private label, Price First, nationwide in late third quarter.
 
The Price First line has focused primarily on consumables, as peanut butter, baking mixes and condiments are among the items being offered on the first tier of a good, better, best marketing strategy. Walmart has piloted the Price First line across 400 stores in the Southeast since last fall and will now be expanding distribution across its entire store base.
 

August 15, 2014

Walmart held its second U.S. Manufacturing Summit in Denver on Thursday and used the occasion to dole out the first of $10 million in grants designed to stimulate innovation and the creation of U.S. jobs.

Walmart held its second U.S. Manufacturing Summit in Denver on Thursday and used the occasion to dole out the first of $10 million in grants designed to stimulate innovation and the creation of U.S. jobs.
 
The initial grants presented this week were given to organizations focused on reducing the cost of textiles manufacturing, including home textiles and apparel, in the U.S. by addressing obstacles throughout production and improving common manufacturing processes with broad application to many types of consumer products.
 

August 14, 2014

Walmart U.S. president and CEO Greg Foran, just six days into his new job when Walmart reported second quarter results, shared some general and familiar insights on driving growth.

Walmart U.S. president and CEO Greg Foran, just six days into his new job when Walmart reported second quarter results, shared some general and familiar insights on driving growth.

August 14, 2014

Walmart’s opponents employed a new tactic this week by launching a repository of negativity under the auspices of The Center for Media and Democracy.

Walmart’s opponents employed a new tactic this week by launching a repository of negativity under the auspices of The Center for Media and Democracy.

August 14, 2014

In the alternative universe where Amazon resides, surging expenses that eat into the company’s profitability are viewed favorably. If Walmart were afforded the same treatment its stock would have surged after it was revealed increased labor, health care and e-commerce costs eroded second quarter profits.

In the alternative universe where Amazon resides, surging expenses that eat into the company’s profitability are viewed favorably. If Walmart were afforded the same treatment its stock would have surged after it was revealed increased labor, health care and e-commerce costs eroded second quarter profits.

August 14, 2014

Walmart met low second quarter sales and profit expectations it set for itself but significantly lowered its full year outlook due to a tepid third quarter sales forecast and increased e-commerce and health care costs.

Walmart met low second quarter sales and profit expectations it set for itself but significantly lowered its full year outlook due to a tepid third quarter sales forecast and increased e-commerce and health care costs.

August 7, 2014

The retail industry and many of those who work at Walmart are going to get a double shot of Greg Foran next week. The former international executive assumes his new role as CEO of the Walmart U.S. division as the retailer prepares to release second quarter results and host a major U.S. manufacturing summit.

The retail industry and many of those who work at Walmart are going to get a double shot of Greg Foran next week. The former international executive assumes his new role as CEO of the Walmart U.S. division as the retailer prepares to release second quarter results and host a major U.S. manufacturing summit.

August 6, 2014

Discount grocer Aldi, Costco and Walmart were recognized as the nation’s low price grocery leaders in a recent study conducted by Market Force Information.

Discount grocer Aldi, Costco and Walmart were recognized as the nation’s low price grocery leaders in a recent study conducted by Market Force Information.

It was the fourth consecutive year Aldi has received the low price distinction in the survey conducted by Market Force, a leading customer intelligence solutions firm. When asked to rank the top grocers offering low prices, the 6,200 consumers who participated in the study ranked Aldi first, Costco second and Walmart third. Aldi president Jason Hart was quick to take a victory lap.

August 4, 2014

Listening to Walmart describe enhancements to its online shopping experience – improved navigation, increased localization, simplified checkout – it sounds like the retailer is talking about its physical stores.

Listening to Walmart describe enhancements to its online shopping experience — improved navigation, increased localization, simplified checkout — it sounds like the retailer is talking about its physical stores.

Whether online or in stores, the touch points the shopper experiences on their path to purchase have much in common. No surprise then that the range of enhancements Walmart said it made to its site this week are focused on the same things all retailers focus on to create a positive physical experience.

August 4, 2014

Recent enhancements to Walmart’s website ensure that Andy Murray, the company’s SVP of creative, will have plenty to talk about later this year when he addresses the topic of “Evolving with the omnichannel shopper,” at the Shopper Marketing Conference & Expo.

Recent enhancements to Walmart’s website ensure that Andy Murray, the company’s SVP of creative, will have plenty to talk about later this year when he addresses the topic of “Evolving with the omnichannel shopper,” at the Shopper Marketing Conference & Expo.
 

July 31, 2014

Retail and consumer products veteran Brian Cornell was named chairman and CEO at Target to fill two of the three roles previously held by the company’s former top executive Gregg Steinhafel.

Retail and consumer products veteran Brian Cornell was named chairman and CEO at Target to fill two of the three roles previously held by the company’s former top executive Gregg Steinhafel.

July 31, 2014

Fingerprinting and DNA sampling are on back-to-school lists at Sam’s Club this year where the warehouse club operator is using the allure of free services to expose would-be members to its value proposition.

Fingerprinting and DNA sampling are on back-to-school lists at Sam’s Club this year where the warehouse club operator is using the allure of free services to expose would-be members to its value proposition.

On Saturday, August 9 from 11 a.m. to 3 p.m. at clubs nationwide Sam’s is offering DNA testing and fingerprint kits as part of an annual free children’s health screening program. The screenings, which combine health and child safety information are available at the 596 Sam’s locations with a pharmacy.

July 31, 2014

Walmart kicked off its back-to-school promotional effort the way it does every seasonal selling initiative – with a big emphasis on low prices – but added a stronger digital component this year.

Walmart kicked off its back-to-school promotional effort the way it does every seasonal selling initiative – with a big emphasis on low prices – but added a stronger digital component this year.

The retailer sought to bring a bit of Black Friday and Cyber Monday magic to its back-to-school efforts with a series of price cuts and limited duration offerings designed to generate sales and drive traffic to its stores and Web site.

July 29, 2014

Walmart’s sustainability efforts are benefitting fuel cell provider Plug Power Inc., which said a contract it secured with the retailer earlier this year has already been expanded.

Walmart’s sustainability efforts are benefitting fuel cell provider Plug Power Inc., which said a contract it secured with the retailer earlier this year has already been expanded.

Plug Power said it received an order from Walmart for a seventh on site hydrogen fuel cell power solution branded as GenKey.

Plug Power entered into a contract with Walmart back in February for six of its GenKey solutions consisting of GenDrive fuel cells, GenFuel infrastructure construction and hydrogen fuel supply and GenCare on-site maintenance.

July 29, 2014

The @WalmartLabs unit of the retailer’s Global eCommerce division has done another deal in Silicon Valley, acquiring the social shopping site Luvocracy.

The @WalmartLabs unit of the retailer’s Global eCommerce division has done another deal in Silicon Valley, acquiring the social shopping site Luvocracy.

July 24, 2014

Walmart named Greg Foran president and CEO of its U.S. stores division to replace Bill Simon, who is leaving the company after an eight-year run.

Walmart named Greg Foran president and CEO of its U.S. stores division to replace Bill Simon, who is leaving the company after an eight-year run.
 

July 24, 2014

Channeling his inner Sam Walton this week, Walmart CEO Doug McMillon rattled the company with the unexpected appointment of a relatively unknown newcomer to replace Bill Simon as CEO of its largest and most profitable division.

Channeling his inner Sam Walton this week, Walmart CEO Doug McMillon rattled the company with the unexpected appointment of a relatively unknown newcomer to replace Bill Simon as CEO of its largest and most profitable division.

July 23, 2014

A $500,000 grant from the Sam’s Club Giving Program will help fund an innovative program to provide technical assistance to small child care operators in low income communities.

A $500,000 grant from the Sam’s Club Giving Program will help fund an innovative program to provide technical assistance to small child care operators in low income communities.

July 21, 2014

Many teachers spend some of their own money on back-to-school supplies and to capitalize on the trend Walmart has introduced a 10% rebate program.

Many teachers spend some of their own money on back-to-school supplies and to capitalize on the trend Walmart has introduced a 10% rebate program.

July 17, 2014

Sam’s Club opened three new locations this month including locations near Chicago, Fort Worth and Wichita, Kan., that pushed its club count to 630 units.

Sam’s Club opened three new locations this month including locations near Chicago, Fort Worth and Wichita, Kan., that pushed its club count to 630 units.

July 17, 2014

Seven hundred and fifty tons of plastic wrap – the equivalent of 1.5 million pounds – have been saved by Walmart China as a result of a simple change to warehouse operations.

Seven hundred and fifty tons of plastic wrap — the equivalent of 1.5 million pounds — have been saved by Walmart China as a result of a simple change to warehouse operations.

The plastic savings were realized after Walmart developed a new system that involved reusable canvas belts to secure merchandise on pallets, thereby eliminating the need for one-time use plastic wrap. The canvas belt system is now in use at nine of Walmart’s distribution centers in China.