Walmart

The Latest

  • Macy's Pulls The Plug On 125 Stores Due To Falling Sales
    People wait to enter Macy's Herald Square ahead of early opening for the Black Friday sales in Manhattan, New York City
    Macy’s has lost $5.1 billion in total market value in last five years due to low mall profits
  • Renowned US Restaurant Chains Announce Temporary Shutdown On Wuhan Branches
    Starbucks
    KFC, Pizza Hut, McDonald's, Starbucks, and several other restaurant chains operating in Wuhan have announced their temporary shutdowns while equity markets in Asia have started to fall due to the coronavirus epidemic.
  • India Minister Publicly Scoffs At Amazon's $1 Billion Pledge
    Amazon India
    Indian trade minister Piyush Goyal mentioned that Amazon's $1 billion investment isn't doing the country any favors given how much it has managed to disrupt its retail industry.
  • Walmart To Expand In Chinese Market With 500 New Stores
    Walmart China
    Walmart revealed on Thursday its aggressive expansion plan in China, which will include the opening of more than 500 stores over the next five years.
  • Walmart Confirms Plan To Double China Store Count
    Walmart China
    Walmart will double its store count in China within the next five to seven years.
  • Mass Shootings Force Walmart to Join Dick’s in Semi-Auto Rifle Ban
    Mass Shootings in the U.S.: From Columbine to Dayton
    Walmart no longer sells ammunition for handguns and automatic rifles.
  • Walmart Launches Cheap Private-Label Skincare Line
    Walmart China
    Walmart has launched a cheap and natural skincare line named 'Earth to Skin.'
  • Walmart Is Done With Tesla’s Solar Energy Systems
    Walmart logo
    Walmart lodged a lawsuit against Tesla that could put their partnership on shaky ground.
  • Major US Retailers Sued Over Edison-Style Bulb Patent
    University of California Santa Barbara
    Walmart, Target, Ikea, Amazon, and Bed Bath & Beyond were sued by the University of California Santa Barbara for violating its "filament" LED light bulb patents.
  • Walmart May Sell Several E-Commerce Assets To Cut Projected Losses
    Walmart E-Commerce
    Walmart is expected to lose more than $1 billion this year due to several unprofitable assets under its e-commerce division.
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