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Tag Archives: walmart

Walmart Q1 2021 Revenue Reaches $138.3B

Walmart Q1

Big-box retailer Walmart posted its first-quarter sales, which saw the retail giant reporting $138.3 billion in total revenue, an increase of $3.7 billion, or 2.7 percent, from the same quarter last year. Walmart follows a nontraditional fiscal year, with the …

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Major Retail Chains Increase Starting Wages

retail starting wages

Major retail chains are raising their starting wages for hourly workers in the U.S., CNN reports. Costco will raise its minimum wage this week to $16 for hourly workers. The company employs roughly 180,000 people in the U.S., and about …

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Walmart U.S. CEO on Meeting New Shopper Needs

Walmart Q3

The National Retail Federation (NRF) recently hosted a webinar with Walmart U.S. president and CEO John Furner to learn how the company had pivoted during COVID-19 to ensure staff and shopper safety. In August, the company announced its second-quarter financial …

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Walmart to Eliminate Hundreds of Corporate Jobs

Walmart Q3

Walmart is cutting hundreds of corporate positions as it merges its online and store businesses in the U.S., reports CNBC. The big-box retail chain has not disclosed how many corporate positions will be affected by the cuts, but the eliminated …

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Big Boxes Change Policies Amid COVID-19

covid-19

The COVID-19 pandemic has brought changes to home improvement stores across North America, but big boxes are also finding it necessary to adopt new operations policies to protect employees and customers. Learn what Home Depot, Lowe’s, Menards and Walmart are …

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COVID-19 Prompts Major Shift in Retail Operations

covid-19

On March 11, the World Health Organization declared COVID-19 a pandemic, the first in more than a decade. As the number of confirmed cases surpassed 3,100 people in 49 states, governments, communities and businesses of all sizes have been forced …

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