Category: Walmart

Walmart Employee Fatally Shoots Customer, Investigators Say

An off-duty Walmart employee fatally shot a customer who tried to help a female employee who had gotten into a fight with the gunman, Florida law enforcement officials said Wednesday. Tironie Sterling, 22, is charged with first-degree murder for Tuesday afternoon’s shooting at a suburban Fort Lauderdale Walmart, the Broward County Sheriff’s Office said. According…


Major Retailer to Invest $2.2 Billion in US, Add Over 2,000 Jobs

IKEA announced on Thursday that it will invest more than $2.2 billion in the U.S. market over the next three years to further expand its omnichannel fulfillment network. In a statement, Ingka Group, which owns most IKEA stores, said it plans to bring eight new big stores and add nine “plan and order points”—smaller stores…


Walmart Announces Its Shutting Down Unprofitable Chicago Stores After Investing ‘Hundreds of Millions’

Retail giant Walmart announced Tuesday that it is closing down of its stores in the Chicago area because none of the stores have been profitable and “lose tens of millions of dollars” annually, according to a news release. After about two decades of continual losses, Walmart said that it also invested “hundreds of millions” of…


Walmart Sees Sustained Pressure From Inflation as It Begins Automation Push

Walmart said on Wednesday that inflation would continue to pressure its business this year, and that it would slow its pace of hiring as it builds out automation technology. “We believe, over time, the number of associates will grow, but at a slower pace than in the past as we complement people growth with technology…


EV Charging Stations Coming to Thousands of Walmart Stores Nationwide

Walmart is planning to add thousands of electric vehicle-charging stations at its stores by the end of the decade even as EV adoption faces multiple challenges like the high cost of acquisition. “By 2030, we intend to build our own EV fast-charging network at thousands of Walmart and Sam’s Club locations coast to coast,” Walmart…


Walmart Aims for Automation in 65 Percent of Its Stores by 2026

Walmart Inc. said in a press release on Tuesday that it aims for 65 percent of its stores to be served by automation by 2026. The letter said that an “omnichannel” network will be used, which includes greater use of data, more intelligent software, and automation. “Walmart showcased its supply-chain innovation Tuesday at its Brooksville,…


Walmart Canada CEO Says Retailer Not Trying to Profit From Inflation

Walmart Canada is not trying to profit from food inflation, president and CEO Gonzalo Gebara told a parliamentary committee studying the issue Monday evening. Gebara told MPs that Walmart Canada’s gross profit rate for its food business declined last year, as did the company’s total operating profit in dollars. However, he declined to provide specific numbers for the private business,…


Walmart to Lay Off Hundreds of Workers at Five US E-Commerce Centers

Hundreds of workers at five U.S. Walmart facilities that process online orders have been given 90 days to find a job at other company locations, a spokesperson confirmed to Reuters. About 200 workers at Pedricktown, New Jersey, and hundreds of others at Fort Worth, Texas; Chino, California; Davenport, Florida; and Bethlehem, Pennsylvania, were let go…


Walmart to Lay Off Hundreds of Workers at 5 US E-Commerce Centers

Hundreds of workers at five U.S. Walmart facilities that process online orders have been given 90 days to find a job at other company locations, a spokesperson confirmed to Reuters. About 200 workers at Pedricktown, New Jersey, and hundreds of others at Fort Worth, Texas; Chino, California; Davenport, Florida; and Bethlehem, Pennsylvania, were let go…


Walmart Offers Affordable Easter Meals to Lure Thrifty Shoppers

Walmart Inc. said on Monday it would offer Easter meals and bundles at affordable prices, a move aimed at drawing more customers to its stores at a time when egg prices have surged and consumers are keeping a tight grip on their wallets. The price of eggs, a staple of Easter baskets, has been near…