BENTONVILLE, Ark. — Walmart wrapped up its 2022 fiscal year on a resoundingly strong note, beating Wall Street’s expectations for fourth quarter adjusted earnings, revenues and same-store sales. The flagship Walmart U.S. division, moreover, topped $100 billion in quarterly sales for the first time. “We had another strong quarter to finish off a strong year,”
BENTONVILLE, Ark. — Walmart has been adding new on-trend brands at a fever pitch. As part of its quest to find what’s new and in demand, the company recently announced Walmart Start, a new accelerator program designed to help up-and-coming beauty brands succeed and scale at mass. In just the last year Walmart added about
BENTONVILLE, Ark. — Walmart has released its COVID-19 One-Year Vaccine report outlining its all-hands-on-deck approach to fighting the pandemic and keeping communities safe and healthy. Dr. Cheryl Pegus “The past year has been incredibly challenging for all Americans, and we’re proud to have done our part help fight the pandemic and keep our communities’ self and healthy,”
BENTONVILLE, Ark. — Walmart wrapped up its 2022 fiscal year on a resoundingly strong note, beating Wall Street’s expectations for fourth-quarter adjusted earnings, revenues and same-store sales. The flagship Walmart U.S. division, moreover, topped $100 billion in quarterly sales for the first time. “We had another strong quarter to finish off a strong year,” said
SECAUCUS, N.J. — Quest Diagnostics announced that it will now offer consumer-initiated laboratory testing powered by QuestDirect in collaboration with Walmart. The new solution allows people to take control of their health care and purchase the same high-quality laboratory tests ordered by healthcare providers through a consumer-friendly website. This collaboration builds upon a long-standing relationship
BENTONVILLE, Ark. — Walmart U.S. president and chief executive officer John Furner this month announced a number of personnel moves, including the promotion of Tom Ward to executive vice president and chief e-commerce officer. Ward will succeed Casey Carl, who recently announced he was leaving the company. Furner announced Ward’s promotion in an internal memo
It’s a time of transition at Walmart. In recent weeks, a series of high-level executive changes has occurred that will influence the trajectory of the company as it continues to play a leading role in the evolution of omnichannel retailing. Casey Carl, chief omni strategy and e-commerce officer, plans to leave at the end of
BENTONVILLE, Ark. — Walmart is testing a new store format designed to make the shopping experience more engaging and enjoyable for consumers. Unveiled at the retailer’s incubator location, Store 4108 in Springdale, Ark., the concept is called “Time Well Spent.” It aims to make Walmart’s physical stores into destinations where customers want to spend their
NEW YORK — CVS Health, Food Lion, Kroger, Meijer, Target, Walgreens and Walmart were among the 842 U.S. companies that received a top score of 100% on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index (CEI), a benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. The CEI rates
BENTONVILLE, Ark. — Walmart has agreed to invest in Plenty Unlimited Inc., an indoor vertical farming company, the companies said on Tuesday. The move is part of a broader strategic partnership to utilize Plenty’s indoor vertical farming technology platform to deliver fresh produce to Walmart retail stores. As part of the investment, at closing, Walmart
SANTA MONICA, Calif. — Betr Remedies’ full line of O-T-C products are now available in 2,000 Walmart stores across the United States, marking the first-time the items are available on store shelves. The over-the-counter medicine brand co-founded by Ellen Pompeo includes a buy-one, give-one program, design-forward packaging and focuses on making medication accessible across the
BENTONVILLE, Ark. — Walmart recruited Janey Whiteside three and a half years ago to fill the newly created position of chief customer officer, a title that came with a mandate to build innovative services and solutions that help customers live better. For Whiteside and her team, that meant getting to know customers better. “Customer needs