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 …
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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 …
Read More »Home Depot Selling Products From American Cannabis Co.
The Home Depot, Walmart and Amazon have all agreed to grow individual relationships with a company that has its roots firmly planted in the cannabis industry. Both of the big box retailers and the e-commerce giant have begun selling products …
Read More »Walmart and FedEx Office Join Forces
As the competition between Walmart and Amazon continues to intensify, the big-box chain now has a new partner against the e-commerce giant—FedEx Office. Walmart and FedEx have tested a store-within-a-store concept in about 50 locations across North Carolina, South Carolina, …
Read More »LED Lighting Helps Walmart Save $100M
Walmart has saved more than $100 million in energy costs after installing more than 1.5 million LED light fixtures at its stores, industry publication Electric Light & Power reports. The company announced its energy savings at the National Retail Federation’s …
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