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Walmart

U.S.-based multinational discount retailer based in Arkansas

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Walmart: U.S.-based multinational discount retailer based in Arkansas
Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. It also owns and operates Sam's Club retail warehouses. As of April 30, 2020, Walmart has 11,484 stores and clubs in 27 countries, operating under 56 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, as Asda in the United Kingdom, as the Seiyu Group in Japan, and as Best Price in India. It has wholly owned operations in Argentina, Chile, Canada, and South Africa. Since August 2018, Walmart only holds a minority stake in Walmart Brasil, which was renamed Grupo Big in August 2019, with 20 percent of the company's shares, and private equity firm Advent International holding 80 percent ownership of the company.

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Wall Street drops as investors lose confidence [Video]

Wall Street drops as investors lose confidence

A wave of late-day jitters hit the stock market on Tuesday, as investors focused on a report questioning early-stage trial results for a possible coronavirus vaccine. Conway G. Gittens has the market..

Credit: Reuters Studio     Duration: 02:08Published
Home-growers scramble for scarce seed [Video]

Home-growers scramble for scarce seed

Stores and online outlets such as Whole Foods and Walmart temporarily sold out of seeds once the coronavirus pandemic began mid-March, and many Americans made a run on seed sellers to grow their own..

Credit: Reuters Studio     Duration: 01:53Published
Walmart sales surge as shoppers stockpile [Video]

Walmart sales surge as shoppers stockpile

Walmart posted record U.S. online sales as stockpiling drove consumers to its stores and website during the coronavirus pandemic, sending its shares up 3%. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:16Published
Walmart Announced Second Bonus To Employees [Video]

Walmart Announced Second Bonus To Employees

Walmart announced another cash bonus to its hourly workers, happening June 25. Full-time employees will receive $300 and part-time and temporary employees will receive $150. According to Business..

Credit: Wochit News     Duration: 00:32Published
U.S. job losses in April worst since Great Depression [Video]

U.S. job losses in April worst since Great Depression

The latest figures from the Labor Department released on Friday showed the U.S. economy losing 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression. Colette Luke has..

Credit: Reuters Studio     Duration: 01:07Published
Walmart temporarily closes after 23 workers test positive [Video]

Walmart temporarily closes after 23 workers test positive

The Walmart in Worcester, Massachusetts was temporarily closed on Thursday after 23 of its workers tested positive. Colette Luke has more.

Credit: Reuters Studio     Duration: 01:22Published
Back to work protests spread to Texas [Video]

Back to work protests spread to Texas

Texas became the latest U.S. state Saturday hit by a protest largely from supporters of President Donald Trump anxious to get back to work, while the governor of New York said his coronavirus-battered..

Credit: Reuters Studio     Duration: 02:04Published
Walmart To Open Coronavirus Test Sites In Parking Lots [Video]

Walmart To Open Coronavirus Test Sites In Parking Lots

Walmart says it will soon have more than 20 coronavirus testing sites in 10 states. The goal is to have these sites built by the end of April, according to Business Insider. The retailer has been..

Credit: Wochit News     Duration: 00:34Published
Walmart CEO Says Americans Shift Spending Habits During COVID-19 Pandemic [Video]

Walmart CEO Says Americans Shift Spending Habits During COVID-19 Pandemic

Walmart CEO Doug McMillon talked about the spending habits of people at home. He said that as people’s grooming needs rise, so does their shopping for beauty supplies. McMillion said more people are..

Credit: Wochit News     Duration: 00:32Published
How Walmart Is Embracing Social Distancing [Video]

How Walmart Is Embracing Social Distancing

In the face of the growing coronavirus pandemic, retail giant Walmart is amping up its efforts to help customers socially distance. According to Business Insider, Walmart is making aisles in some of..

Credit: Wochit News     Duration: 00:36Published
Michigan Forcing Super Stores To Stop Selling "Nonessential" Items [Video]

Michigan Forcing Super Stores To Stop Selling "Nonessential" Items

Super Stores in Michigan will soon be forced to stop selling "nonessential" items. Stores effected are large stores such as Walmart, Costco, and Target. They will be forced to close areas dedicated to..

Credit: Wochit News     Duration: 00:29Published
Big Box Stores Banned From Selling Certain Items [Video]

Big Box Stores Banned From Selling Certain Items

According to Business Insider, some big box retailers and grocery chains in the US are being told they can no longer sell non-essential items. This includes stores like Walmart, Costco, and Target in..

Credit: Wochit News     Duration: 00:39Published
Walgreens to launch 15 mobile coronavirus testing sites [Video]

Walgreens to launch 15 mobile coronavirus testing sites

Walgreens Boots Alliance is launching 15 'drive thru' coronavirus testing sites in the U.S. The tests are able to produce results in a matter of minutes. Conway G. Gittens has the details.

Credit: Reuters Studio     Duration: 01:10Published

Walmart removes firearms, ammunition from floor display as protests rage in U.S

Walmart Inc said on Wednesday it shifted firearms and ammunition out of sales floors of some U.S. stores amid nationwide protests over the death of an unarmed black man at the hands of police last..
Reuters - Published

S&P 500 edges higher after mixed retail earnings

The S&P 500 edged up on Tuesday, taking a breather a day after its best one-day performance in six weeks, as investors attempted to glean information from a mixed bag of results from major retailers..
Reuters - Published

Wall Street set to open flat; Walmart jumps on results

U.S. stock index futures were trading flat on Tuesday, handing back some gains from the S&P 500's best day in six weeks in the previous session, as investors digested a mixed set of quarterly results..
Reuters - Published

Walmart trailed supermarkets amid peak panic-buying: data

Americans increased their visits to supermarkets far more than to Walmart Inc stores as panic-buying peaked in mid-March, a Reuters analysis of foot traffic to retailers in the United States shows.
Reuters - Published

Still hiring! Walmart, other superstores buck U.S. employment trend

Amid the carnage of the U.S. employment report for April was one bright spot: superstores led by Walmart Inc , the world's largest retailer, added more than 90,000 jobs.
Reuters - Published

Death toll reaches 23 from last year's mass shooting in El Paso, Texas

The death toll from a mass shooting last August at an El Paso, Texas, Walmart store has climbed to 23 after the last victim left hospitalized from the rampage succumbed to his injuries over the..
Reuters - Published

Estate of Walmart worker who died from COVID-19 sues for wrongful death

The family of a Walmart Inc employee in Illinois who died after contracting COVID-19, the illness caused by the novel coronavirus, has filed a lawsuit accusing the retail giant of failing to adequately..
Reuters - Published

Do more to stop coronavirus price gouging, U.S. states tell Amazon, Walmart, Facebook

A group of 32 U.S. states have a message for the nation's leading online platforms: You are not doing enough to stop price gouging amid the coronavirus crisis.
Reuters - Published

Walmart ups minimum wage in e-commerce warehouses by $2 as orders surge on virus worries

Walmart Inc said on Monday it has temporarily raised entry wages for workers in its e-commerce warehouses by $2, following similar moves by rivals, as it attempts to manage a shopping surge brought..
Reuters - Published

Two coronavirus testing sites open in Illinois Walmart parking lots

Walmart Inc said on Sunday that federal drive-thru coronavirus testing sites have been set up in parking lots of its stores in Northlake and Joliet, Illinois to test first responders and healthcare..
Reuters - Published

Walmart to hire 150,000 workers as shoppers surge on coronavirus fears

Big-box retailer Walmart Inc said on Thursday it would hire more than 150,000 hourly workers in the United States, citing a jump in shoppers due to the coronavirus pandemic.
Reuters - Published

Google, Walmart join U.S. effort to speed up coronavirus testing

Corporate America joined the fight against the spread of coronavirus on Friday, as President Donald Trump and executives announced that Google would offer a website to help people determine whether..
Reuters - Published

Quick-thinking customer knocks shoplifter off his feet

A man in Georgia helped police stop a fleeing Walmart shoplifter.
BBC News - Published

Accused El Paso shooter pleads not guilty to hate crime charges

A Texas man pleaded not guilty to 90 federal hate crime charges on Wednesday after he was accused of deliberately targeting people of Mexican heritage in the shooting rampage that killed 22 people at a..
Reuters - Published

Accused El Paso shooter make first appearance in federal court

A Texas man accused of deliberately targeting people of Mexican heritage in a shooting rampage that killed 22 at a Walmart store in El Paso last year made his first court appearance on Wednesday for..
Reuters - Published

El Paso Walmart gunman hit with 90 federal hate charges

He could face the death penalty under the new charges if found guilty of the mass murder.
BBC News - Published

Accused El Paso mass shooter charged with 90 counts of federal hate crimes

A Texas man accused of deliberately targeting people of Mexican heritage in a shooting rampage that killed 22 people at an El Paso Walmart store last year was charged on Thursday on 90 counts of..
Reuters - Published

Walmart testing higher minimum wage for some employees

Walmart Inc is testing a higher starting wage for certain newly created jobs in about 500 U.S. stores, as it looks to improve in-store experience for customers amid intense competition.
Reuters - Published

Walmart sacks 56 executives in India as part of restructuring

Walmart Inc, the world's largest retailer, has fired 56 of its executives in India as it restructures in the country.
Reuters - Published

Bedbugs 'deliberately released' at Walmart in Pennsylvania

Police investigate after the blood-sucking pests are found inside clothing and a men's fitting room.
BBC News - Published

'Do Not Sell My Info': U.S. retailers rush to comply with California privacy law

U.S. retailers including Walmart Inc will add "Do Not Sell My Info" links to their websites and signage in stores starting Jan. 1, allowing California shoppers to understand for the first time what..
Reuters - Published

Lafayette: Plane crashes near Walmart supermarket

The small plane crashed west of Lafayette airport in Louisiana on Saturday morning.
BBC News - Published

Mexicans sue Walmart over Texas shooting that left victims on both sides of border

Ten Mexican citizens have sued Walmart over the shooting at a store in the U.S. border town of El Paso, Texas, that killed eight Mexicans and left eight more injured, saying that Walmart did not do..
Reuters - Published

Shooting in Walmart parking lot leaves three dead in Oklahoma

Three people died in a shooting outside a Walmart store in Oklahoma on Monday morning, law enforcement officials said, the third fatal shooting at the retailer in five months and the latest in a string..
Reuters - Published

Three killed at shooting at Walmart in Oklahoma: media

Three people were shot and killed at an Oklahoma Walmart on Monday, according to local media.
Reuters - Published

U.S. companies say consumer still strong even as broader outlook dims

Walmart became the latest company to point to a strong U.S. consumer, adding to a raft of firms in recent weeks citing healthy demand at a time when spending is seen as an increasingly key support for..
Reuters - Published

S&P 500 notches record, shakes off Cisco's gloomy outlook

The benchmark S&P 500 stock index posted a slim gain to end with a record closing high on Thursday, as a dour forecast from tech stalwart Cisco Systems was offset by a strong report from big box..
Reuters - Published

Wall Street slips after Cisco's gloomy outlook

Wall Street's main indexes slipped from near record levels on Thursday, as a dour forecast from tech stalwart Cisco Systems raised fresh questions about the global economy's health and overshadowed a..
Reuters - Published

Cisco's dour outlook weighs on Wall Street

U.S. stocks dipped on Thursday, weighed down by technology shares after Cisco's weak forecast raised worries of a slowdown in global economic growth, overshadowing strong results from big box retailer..
Reuters - Published

S&P 500, Dow flat as Cisco losses offset Walmart gains

The S&P 500 and the Dow Jones Industrial Average were unchanged on Thursday, but still hovered near record levels as a dour forecast from Cisco offset gains in Walmart after its strong outlook.
Reuters - Published

Walmart posts strong results ahead of holidays, earns praise from Trump

Walmart Inc posted strong results on Thursday as a strong economy boosted purchases at its stores and website and the retailer picked up market share in food and other groceries, earning praise from..
Reuters - Published

Walmart raises earnings outlook, expects strong holiday sales

Walmart Inc reported better-than-expected third quarter U.S. comparable sales on Thursday and raised its full-year outlook as a strong economy boosted purchases at its stores and website and the..
Reuters - Published

Walmart's third-quarter results beat estimates, shares rise

Walmart Inc reported better-than-expected third quarter U.S. comparable sales on Thursday as people spent more at its stores and website and the retailer picked up market share in food and other..
Reuters - Published

Walmart's third-quarter comparable sales beat expectations

Walmart Inc reported better-than-expected third quarter U.S. comparable sales on Thursday as people spent more at its stores and website, and the retailer raised its earnings outlook for the year.
Reuters - Published

Big U.S. retailers pull 22-ounce J&J baby powder off shelves after recall

Four major U.S. retailers, including Walmart and Target Corp, are removing all 22-ounce bottles of Johnson & Johnson's baby powder from their stores, following the healthcare conglomerate's recall last..
Reuters - Published

Amazon's faster shipping dents profits, more pain to come

Amazon.com Inc's chief financial officer on Thursday said costs for its one-day shipping program will spike to around $1.5 billion during the holiday season as the online retailer speeds up free..
Reuters - Published

Walmart pulls 22-ounce J&J baby powder from shelves - CNBC

Walmart Inc has removed and blocked sales of Johnson & Johnson's 22-ounce baby powder bottles from its stores, CNBC reported on Thursday, making it the third large retailer to pull the product.
Reuters - Published



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