Home Depot and Walmart have both recently installed in-store pickup options for online orders, USA Today reports. Customers who make online purchases from Home Depot can come to participating locations, unlock one of the pickup lockers and retrieve their merchandise …
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Walmart to Fund College Degrees for Employees
Walmart is offering to pay for employees’ college tuition, books and fees if they pursue degrees in business or supply chain management, according to the company. “Investing in the personal and professional success of our associates is vital to Walmart’s …
Read More »Walmart Sees Sales Growth, Popularity of ‘Converged Experience’ in Q1
Walmart reported sales and revenue increases for its first quarter of 2018, with growth in its U.S., international and e-commerce segments. U.S. sales were $77.7 billion during the quarter, an increase of 3.1 percent above the same time period in …
Read More »Walmart Invests $16B in E-Commerce With Flipkart Deal
Walmart has confirmed a $16 billion deal to buy a controlling stake in Flipkart, an Indian e-commerce company. The acquisition “is the largest acquisition yet by the world’s largest retailer,” according to an article from the Associated Press. Within the …
Read More »Walmart Labs and Home Depot Invest in Technology Workers
Walmart’s technology division, Walmart Labs, is following the same steps as Home Depot as both big-box companies are searching for technology workers to add to their ranks, CNBC and Silicon Valley-based The Mercury News report. The Mercury News says Walmart Labs …
Read More »Walmart to Remodel 500 Stores, Open 20 New Locations
Walmart plans to spend $11 billion to remodel 500 existing stores and open 20 new locations, Business Insider reports. The store remodels will provide shoppers with “wider aisles, shorter shelving, new signs and flooring,” along with additional self-checkout lanes, the …
Read More »Walmart and Amazon May Spar Over Online Retailer Flipkart
Walmart is nearing a deal to buy a majority stake in Indian e-commerce company Flipkart, Reuters reports. The purchase would be Walmart’s largest acquisition of an online company, but Amazon may attempt to step in and present a counteroffer, Reuters …
Read More »Walmart Considers New Opportunities With Insurer Humana
Big-box retailer Walmart is in early discussions with health insurer Humana “about developing closer ties,” including new partnerships and a possible acquisition of Humana, according to a report from Reuters. This news comes shortly after other U.S. retailers and health …
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