Walmart Stores

Not in a hurry to get GenAI agent to India: Walmart's Vinod Bidarkoppa

Walmart Global Tech in India has centres in Bengaluru, Chennai and Gurugram. Walmart earlier this year had also signed a deal to lease an area of 465,000 sq.ft in Chennai for five years

Walmart to cut hundreds of store-support, training roles in latest revamp

The company cut corporate jobs earlier this year and asked other workers to relocate to its headquarters in Bentonville, Arkansas, or to Sunnyvale, California

Walmart backs annual forecasts, vows to keep prices low amid tariff woes

The company's shares, which have fallen nearly 9 per cent since the announcement of a raft of tariffs on April 2, rose about 5 per cent in early trading

Walmart forecast profit, sales below Wall Street estimates, shares fall

The company forecast adjusted earnings per share for the fiscal year ending January 2026 in the range of $2.50 to $2.60, below analysts' expectations of $2.76

US lawsuit accuses Pepsi of favouring Walmart over smaller stores

The Federal Trade Commission sued PepsiCo on Friday, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to one big-box retailer at the expense of other vendors and consumers. The benefiting customer wasn't named in an FTC statement about the lawsuit. But a source familiar with the case, who asked not to be named because they were not authorised to it, said the retailer was Walmart. PepsiCo said the lawsuit is wrong on the facts and the law and misunderstands the way consumer product companies help retailers provide lower prices. PepsiCo strongly disputes the FTC's allegations, and the partisan manner in which the suit was filed. We will vigorously present our case in court, the company said in a statement. The FTC said PepsiCo's practices included making promotional payments to Walmart but not to large grocery chains or independent convenience stores. The FTC said that allows Walmart to lower its prices, but forces Americans to pay inflat

Walmart's diversity policies rollback an acute shift post Trump's victory

Walmart's sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at US companies that are re-evaluating the legal and political risks associated with bold programmes to bolster historically under-represented groups. The changes announced by the world's biggest retailer on Monday followed a string of legal victories by conservative groups that have filed an onslaught of lawsuits challenging corporate and federal programmes aimed at elevating minority and women-owned businesses and employees. The retreat from such programmes crystalised with the election of former President Donald Trump, whose administration is certain to make dismantling diversity, equity and inclusion (DEI) programmes a priority. Trump's incoming deputy chief of policy will be his former adviser Stephen Miller, who leads a group called America First Legal that has aggressively challenged corporate DEI policies. There has been a lot of reassessment of risk looking

Flipkart's 'Big Billion Days' lifts Walmart's International Q3 sales number

US-based retail giant Walmart on Tuesday said its international sales in the third quarter got a boost from the 'Big Billion Days' sales event by its Indian e-commerce arm Flipkart. Walmart, which follows a February-January financial calendar, reported USD 31.5 billion in sales from its international business, a growth of 12.4 per cent on constant currency terms. "Timing of Flipkart's The Big Billion Days (BBD) event benefited growth in Q3 and will impact growth in Q4," Walmart said in its earnings statement. Sales growth of Walmart International, which operates in 18 countries outside the US including India, was "led by Flipkart, Walmex (Mexico), and China", it added. In the third quarter, Walmart International's e-commerce sales grew 43 per cent led by marketplace and store-fulfilled pickup and delivery, it added. Moreover, "advertising business (Walmart International) grew 50 per cent, led by Flipkart," it added. Flipkart's Big Billion Days sales event for the 2024 festive sea

Walmart raises annual sales forecast, bets on strong holiday shopping

The retailer is among the first major US chains to provide insight into the all-important holiday quarter and how consumers are planning to spend as inflation ebbs

Walmart raises annual profit forecast on steady demand, shares jump

Shares of the Bentonville, Arkansas-based company rose more than 7 per cent in premarket trading

Walmart shares surge, market value hits $500 billion as results impress

Its shares climbed 7 per cent, the most since March 2020, to close at an all-time high of $64

Walmart shares surge, market value hits $500 billion as results impress

Its shares climbed 7 per cent, the most since March 2020, to close at an all-time high of $64

Walmart readies 'Open Call' in India on way to $10 bn a year export target

'The category expansion over the last 15 years has been incredible …The ingenuity, the grit, the education of the labour force are a strategic advantage in India'

Walmart to pay college, book costs for full and part-time employees

By Hilary Russ

Covid-19: Walmart to hire 50000 more workers as people continue stockpiling

Walmart said it will now require its US staff to wear masks or other face coverings at work

Walmart to keep selling guns despite recent shootings at its stores

A man opened fire with an assault rifle at a Walmart in Texas on Saturday, killing 20 people, just 4 days after a disgruntled employee shot dead two coworkers and wounded a responding police officer

Walmart to start offering prepared meals at its stores for the first time

Walmart also is looking to ward off competitors on multiple fronts, including Amazon.com Inc., German discounter Aldi and meal-kit purveyor Blue Apron Holdings Inc

Walmart to sell major stake in Brazil unit to Advent, other funds: Sources

Walmart is being advised by Goldman Sachs & Co, according to one of the sources

Walmart Stores to shake up management, remove 3,500 co-managers

Stores will now be allocated a certain number of co-managers depending on their sales volume

Walmart drops 'Stores' from name to shed brick and mortar image

The name change highlights the company's online, pickup and delivery and mobile shopping capabilities