DALLAS, Ga. — When Sam Walton opened the first Walmart store in Rogers, Ark., in 1962, he set in motion an enterprise that fundamentally transformed the way Americans shop, giving them convenient access to high-quality consumer products at the lowest possible price. Now, 57 years later, the company has embarked on a pilot test to
BENTONVILLE, Ark. — Walmart has appointed Nuala O’Connor to a new role as senior vice president and chief counsel of digital citizenship. In that role, O’Connor will focus on Walmart’s use of data and technology to advance the retailer’s goals, the company said. “This digital citizenship function will counsel the company on issues related to
BENTONVILLE, Ark. — Walmart said Tuesday that it will stop selling certain kinds of guns and ammunition, and will discourage customers in “open carry” states from openly bringing their firearms into Walmart stores. The move comes a month after a gunman entered a Walmart store in El Paso, Texas, shooting 48 people and killing 22
CLEVELAND — The federal judge overseeing the landmark opioid suit Thursday severed CVS Health entities, Rite Aid and Walmart from the main bellwether trial scheduled for October. Judge Dan Aaron Polster of the United States District Court for the Northern District of Ohio granted the order to simplify the trial and make it more manageable.
BENTONVILLE, Ark. — Walmart reported on Thursday a second-quarter net income of $3.6 billion compared with a net loss of $861 million a year earlier. Revenue rose 1.8% to nearly $130.4 billion. Operating income, on a constant currency basis, declined 2.4% to $5.6 billion. “Customers are responding to the improvements we’re making, the productivity loop
NEW YORK — Food retailers continue to bolster their grocery pickup and delivery capabilities as a growing proportion of shoppers buy at least some of their food online. Kroger Co., Walmart, Giant Food, Wakefern Food Corp. and Weis Markets Inc. were among the food retailers announcing grocery fulfillment-related developments in July. Kroger chief executive officer
BENTONVILLE, Ark. — Walmart is merging its store and digital supply chain teams in the United States. The retailer says the move is a next step in its effort to create a seamless omnichannel shopping experience for its customers. Greg Smith, executive vice president of supply chain at Walmart U.S., will lead the combined team,
CINCINNATI — Kroger Co. said Tuesday that it has tapped Walmart veteran Sonya Hostetler to serve as president of its Nashville division, which comprises 91 stores across middle and eastern Tennessee, northern Alabama and southern Kentucky. Her appointment is effective August 1. She succeeds Zane Day, who previously announced his plans to retire from the
BENTONVILLE, Ark. — Walmart is merging its U.S. store and digital supply chain teams in what the company calls a next step in its efforts to create a seamless omnichannel shopping experience for its customers. Greg Smith, executive vice president, supply chain at Walmart U.S., will lead the combined team, and will report jointly to
FAYETTEVILLE, Ark. — Walmart is launching a new service this fall that will allow customers to get groceries delivered right into their refrigerators. Walmart president and chief executive officer Doug McMillon announced the service, called InHome Delivery, during the company’s annual shareholders meeting here. “What’s the one thing busy families can’t buy at Walmart?” McMillon
BENTONVILLE, Ark. — Just over two years after Walmart acquired Jet.com, the retailer is now taking steps to more fully integrate the e-commerce platform into its own business. As part of the planned changes, Simon Belsham’s role as Jet president will be eliminated, and Jet team leaders will now report to Kieran Shanahan, who has
BENTONVILLE, Ark. — Walmart in recent weeks announced the hiring of two technology executives, including Suresh Kumar, a former Google vice president who is set to become chief technology officer and chief development officer on July 8. Walmart also said it had hired Scott Eckert to run its investment arm and startup incubator known as