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Walmart

Health care deal eyed by Walmart

NEW YORK — Walmart and Humana are discussing ways to forge a closer health care partnership, including a possible acquisition of the health insurer. The potential deal, which was first reported by The Wall Street Journal, comes on the heels of other brewing mega-mergers, including CVS Health’s planned acquisition of Aetna Inc., as well as

Walmart CEO Doug McMillon honored

Walmart CEO Doug McMillon honored

BENTONVILLE, Ark. — Since Doug McMillon took over as president and chief executive officer of Walmart, the pace of change within the world’s largest retailer has accelerated dramatically. And the pace of transformation is not quick enough for the CEO, who began his career at Walmart as an hourly associate in a distribution center. “It’s

Walmart launches global money transfer service

Walmart launches global money transfer service

BENTONVILLE, Ark. — Walmart announced on Tuesday the launch of Walmart2World, a global money transfer service featuring money orders from MoneyGram International Inc., the nation’s largest provider of money orders. Walmart is MoneyGram’s money transfer and money order agent, accounting for more than 20% of its business. The move builds on the retailer’s domestic money transfer

Tesco vet Belsham to lead Walmart’s Jet.com

Tesco vet Belsham to lead Walmart’s Jet.com

BENTONVILLE, Ark. — Walmart has tapped Tesco PLC veteran Simon Belsham to serve as president of Jet.com, effective immediately. Belsham will oversee all operations, including the unit’s online grocery and general merchandise business, Marc Lore, president and chief executive officer of Walmart eCommerce U.S., said in a memo to employees. “With Jet Grocery being an

Online grocery delivery boom

BENTONVILLE, Ark. — Wal­mart announced that it is expanding its online grocery delivery service to 100 metropolitan areas by the end of the year, making the service available to more than 40% of U.S. ­households. The move represents an escalation of the competition among some of the nation’s largest retailers to develop a viable online

U.S. retailers urge Trump not to impose tariffs

U.S. retailers urge Trump not to impose tariffs

WASHINGTON — More than two dozen retail companies — including Walmart, Costco Wholesale Corp., Dollar Tree Inc. and Target Corp. — sent a letter on Monday to President Trump urging him to refrain from imposing tariffs on China and alleging that American families would be hurt by such a move. In a separate letter to

Walmart gaining in online grocery wars

BOSTON — According to a new study by global e-commerce analytics firm Profitero, Walmart’s online grocery prices are edging closer to Amazon’s, with only a slim gap separating prices between the two retailers. In the report, “Price Wars: Grocery, Household and Beauty,” Profitero analyzed pricing for 21,000 products in grocery, beauty and household supplies, and

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