Walmart

Walmart comp sales rise 10% in Q1

Walmart comp sales rise 10% in Q1

BENTONVILLE, Ark. — Walmart posted strong sales gains across its businesses in the first quarter, with demand driven by the COVID-19 outbreak. Unprecedented demand for products across multiple categories led to strong top-line results. But certain incremental costs negatively affected operating income, including costs associated with enhanced wages and benefits as well as safety and

Amazon tops Kantar, WPP ranking of retail brands

Amazon tops Kantar, WPP ranking of retail brands

LONDON — Internet giants Amazon.com and Alibaba top the this year’s BrandZ ranking of the “75 Most Valuable Global Retail Brands,” which was released Thursday by Kantar and WPP. The report, which was launched in conjuction with the World Retail Congress, found that the value of the world’s top 75 retail brands has grown 12% —

Walmart and Nextdoor launch new program

Walmart and Nextdoor launch new program

BENTONVILLE, Ark. – Walmart is partnering with Nextdoor, a social network for neighborhoods, to make it easier for neighbors to help one another during the coronavirus pandemic. The partners on Thursday announced the launch of Neighbors Helping Neighbors, a program that facilitates Nextdoor members in either asking for help or offering help in shopping for

Walmart beauty exec retires

BENTONVILLE, Ark. — Jody Pinson, one of the most respected faces in mass market beauty retailing, has retired after 30 years at Walmart. Pinson held myriad positions through the years at Walmart, from tagging apparel in a warehouse to participation in the management training program. She was promoted to a buyer role in 1999 and

Walmart commits $25 million to global COVID-19 response effort

Walmart commits $25 million to global COVID-19 response effort

BENTONVILLE, Ark. — To help meet the critical needs resulting from the global COVID-19 pandemic, Walmart and the Walmart Foundation have committed $25 million to support organizations on the front lines responding to the outbreak. “In times of need, we see communities come together to do extraordinary things. This pandemic is no different,” said Kathleen McLaughlin,

Walmart+ being tested as rival to Amazon Prime

Walmart+ being tested as rival to Amazon Prime

BENTONVILLE, Ark. — Walmart has been testing its own membership program to compete with Amazon Prime, according to published reports. Called Walmart+, the program could launch as soon as next month. The move is seen as a recognition of how effective the Amazon Prime membership program, which debuted in 2005, has been in fueling customer