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Walmart has acquired the lingerie site Bare Necessities for an undisclosed amount, the company announced Friday. The site sells bras, underwear, swimsuits, and sleepwear from more than 160 brands.
Walmart and PayPal are joining forces to help some of the most vulnerable Americans manage their money
PayPal customers will be able to withdraw cash from their account at all Walmart stores across the United States starting in early November. This is the first time that PayPal customers have been able to withdraw money from their account at a brick-and-mortar store.
Walmart is helping launch original shows, claiming that Netflix and Amazon don’t make enough content aimed at its core Middle America shoppers
Walmart has struck deals to back original TV shows and other programming, that will air on its streaming service Vudu. Walmart's emphasis on creating video content to boost existing customers' loyalty has the potential to result in the proliferation of a distinct new wave of original programming.
Wal-Mart's Canadian division is exploring the sale of marijuana products in its stores, according to reports. The company said it had carried out some "preliminary fact-finding" on carrying CBD-infused products in its stores, but it had no immediate plans.
Here’s how minimum wage compares at Amazon, Walmart, Costco, and more retail giants as companies battle to win over workers
Amazon, Walmart, Costco, and other retail giants are fighting to hire and retain workers. Here's how minimum wage compares at some of the biggest names in retail.
Almost 7 million pounds of beef are being recalled from Walmart and other stores as a salmonella outbreak sickens at least 57 people in 16 states
Roughly 6.9 million pounds of raw beef are being recalled after being linked to a salmonella outbreak. The salmonella outbreak has sickened at least 57 people in 16 states, the Food Safety and Inspection Service announced Thursday.
The unemployment rate has fallen to a 48-year low, and it’s terrifying news for Walmart, McDonald’s, and JCPenney
The US unemployment rate fell to 3.7%, a 48-year low, in September. While low unemployment is a sign of a healthy economy, it is worrisome news for companies scrambling to hire and retain workers, as the restaurant and retail industries seek to fill hundreds of thousands of job openings.
Walmart is deploying an autonomous floor-scrubbing robot to more than 360 US stores. The robot will take over a job that previously took Walmart employees about two hours daily to complete.
Walmart is acquiring Eloquii, a women's fashion brand that is targeted at plus-size shoppers. Not all of Eloquii's fans were excited about that.
Walmart just made another major acquisition to cash in on a $21 billion opportunity that many retailers have ignored
Walmart is acquiring women's plus-size retailer Eloquii. Walmart would not disclose pricing details. However, sources familiar with the matter told Recode that it will pay $100 million for the brand.