Wal-Mart
Wal-Mart is taking a big step toward fulfilling its long-term ambition of being wholly supplied by renewable energy with a new deal to buy more than half of the electricity generated by a new wind power facility in Texas for the next 10 years. The worldโs largest company will buy 58 percent of the expected outputโฆ
It's almost Halloween, which means it's time for retailers to roll out their offensive Halloween costumes. This year, Wal-Mart's "Little Amigo," noticed by Complex, is kicking things off. It's everything you'd expect. The costume includes a serape shirt, sombrero and mustache that you can put on your probably-not-Hispanic kindergartner. The costume was taken off Wal-Mart's websiteโฆ
Wal-Mart Storesโ technology arm, @WalmartLabs, on Tuesday said it's acquired Silicon Valley software company PunchTab, with intentions of using the companyโs technology to tailor offers to its Samโs Club shoppers. PunchTab marks WalmartLabsโ 15th acquisition in the last four years.
Wal-Mart has launched Wal-Mart Simple Text, a text messaging-based assistant for shopping at the retailer's stores. You simply text โhiโ to 415-214-8445, thanks to Twilio, and youโre ready to ask Wal-Mart about the item(s) youโre interested in.
Wal-Mart said it would reopen in late October to early November five U.S. stores whose closure had prompted a union to file a complaint with the National Labor Relations Board, claiming the retailer was retaliating against workers for organizing. Wal-Mart will start hiring for the stores in Texas, Oklahoma, Florida and California, and will encourage previousโฆ
Wal-Mart, in the midst of spending $1 billion to raise employeesโ wages and give them extra training, has been cutting the number of hours some of them work in a bid to keep costs in check. Regional executives told store managers at the retailerโs annual holiday planning meeting last month to rein in expenses by cuttingโฆ
The calendar may still say summer, but retail giant Wal-Mart is encouraging consumers to get in the Christmas spirit now. With Labor Day more than a week away, the world's largest retailer is scheduled to launch its holiday season layaway plan four months before Dec. 25. Starting today, two weeks earlier than it did last season, Wal-Martโฆ
Wal-Mart said on Wednesday that it would no longer sell high-powered rifles in its stores in the United States. The decision followed years of public pressure on the retailer to stop selling some of the most lethal weapons associated with many of the nationโs mass shootings. The move predated the fatal shootings of two TV journalistsโฆ
One of the biggest problems Wal-Mart identified in its latest profit warning was what it calls โshrinkage.โ Greg Foran, president and CEO for Wal-Mart U.S. said on the earnings call that โaccelerating pressures in shrinkโ were one of three major factors that contributed to the companyโs underperformance. The others were an overall decline in grossโฆ
Samโs Club wants to move beyond its parentโs DNA. The warehouse-club retailer, owned by Wal-Mart Stores Inc., for years has struggled to turn around sluggish sales. Now it's pursuing a more fundamental fix: breaking away from the low-income consumers who shop at Wal-Mart.