Walmart has added new product categories, omnichannel experiences and fulfillment solutions to its eCommerce platform for third-party sellers, Walmart Marketplace. “We’re bringing all the pieces together to be much more than a marketplace and investing in new ways for sellers to serve customers as we grow together,” Manish...
Walmart Mexico’s new boss is aiming to double its sales amid robust eCommerce competition. Ignacio Caride, who spent more than a decade with online retailer Mercado Libre before becoming CEO of Walmart Mexico — or Walmex — discussed his vision of the company Sunday (Aug....
Walmart has reportedly held talks with potential buyers of the medical clinics it closed in April. Health insurance companies have been among those potential buyers, but it is not clear if any talks are still ongoing, Reuters reported Tuesday (July 2), citing a paywalled article...
Walmart’s sales in the current quarter won’t be as strong as they were in the previous quarter, Walmart Chief Financial Officer John Rainey reportedly said Tuesday (June 25). Speaking at the Bank of America London Investor Conference, Rainey said the current quarter, the second quarter,...
Walmart is following up its just-finished summer savings event with another one weeks later, as the retailer looks to compete with Amazon’s Prime Day to capture consumers’ increased demand for seasonal sales. Walmart announced Monday (June 24) an upcoming savings event, “Walmart Deals,” slated to...
Walmart will relaunch its private-label fashion brand No Boundaries in stores and online July 16. Aimed at young adults, the No Boundaries brand has been refreshed by a Generation Z-focused design team, the retailer said in a Thursday (June 13) press release. “Refreshing our private...
Walmart’s India-based eCommerce marketplace and payments company aren’t quite ready to go public. “This is something we’re looking at over the next couple of years,” Walmart’s executive vice president for corporate affairs, Dan Bartlett, told Reuters last week in reference to the company’s marketplace Flipkart...
Walmart will hold its members-only event, Walmart+ Week, June 17 to 23. The event will feature seven days of offers and savings available to Walmart+ members, the retailer said in a Thursday (May 30) press release. “Additionally, we’re introducing our first-ever mystery offer, set to...
Walmart reportedly encountered a pricing issue that affected 1,600 of its stores across the United States in March. The internal system failure resulted in widespread mispricing, with some items being sold at incorrect lower prices and others at higher prices, Bloomberg reported Wednesday (May 29). While...
