Walmart Inc. (NYSE:WMT) has posted an impressive 10% in just one month. We called for a buy on a retracement as the stock breached the key resistance at $151. The stock retreated after touching a high...
Tag: Walmart
Building A Bridge While Crossing It: How The BrightDrop – GM
The BrightDrop Zevo 600 EV delivery van. Image courtesy BrightDrop Say you saw the opportunity for a new class of vehicles and decided that you would a) design the vehicle itself; b) design and build ...
Walmart EEOC wrongful termination case: Company seeks new trial
Scott Olson | Getty Images Walmart is seeking a new trial in a case over the firing of a longtime employee with Down syndrome. A jury in July found Walmart wrongfully terminated the employee, Marlo Sp...
Here’s Why Walmart Heir Rob Walton Has An Edge In Bidding War For The Denver Broncos
Only 18 other individuals on the planet are richer than Walmart heir Rob Walton, Forbes estimates, and two of them are his siblings. Rick T. Wilking/Getty Images Of the reported five bidders trying to...
Plug Power Snags Walmart Fuel Deal As Green Hydrogen Revs Up Amid Oil Price Spike
Plug Power plans to supply Walmart with as much as 20 tons of liquid hydrogen per day made from water and renewable electricity. Plug Power There’s been a flurry of plans from big manufacturers and st...
Looking Behind The Headlines On Food Price Increases
Woman cashier in a supermarket, Mendoza Plaza Shopping. (Photo by: Jeffrey Greenberg/Universal … [+] Images Group via Getty Images) Universal Images Group via Getty Images There is no bigger sto...
Reliance, India’s Largest Company, May Potentially Buy Walgreens’ British Drugstore Business
Reliance Industries is one of the world’s largest multinational conglomerates and is India’s largest private sector company. The industry giant has robust business units that span across multiple vert...
PayPal Stock Is Falling. It’s Not Because Its CFO Is Leaving for Walmart.
Text size PayPal’s has a new interim CFO. Justin Sullivan/Getty Images Walmart said late Tuesday that it had named John Rainey as its chief financial officer. Rainey currently holds the same pos...
Walmart hires PayPal executive as its chief financial officer
Artur Widak | NurPhoto | Getty Images Walmart said Tuesday that is has hired PayPal executive John Rainey to become its new chief financial officer. Rainey, the chief financial officer of financial te...
Costco Stock Is Challenging Amazon as the Most Richly Valued Retailer
Text size Costco Wholesale continues to grow its membership, to 61.7 million members in the latest fiscal year. Mario Tama/Getty Images Costco Wholesale is challenging Amazon . com as the most richly ...
Is Walmart really turning trucking into a six-figure-salary job? — Quartz
Walmart captured headlines yesterday (April 7) when it said it would pay US truck drivers up to $110,000 in their first year on the job. It’s not alone. Trucking companies across the country have made...
Walmart, McDonalds To Add Lightning Network To Accept Bitcoin: Jack Mallers
Strike’s Jack Mallers made an announcement that Bitcoin will be accessible through Lightning Network to more than 400,000 storefronts and digital stores. Folks still need to wait a little more to know...
Bitcoin to be accepted by McDonald’s and Walmart via Lightning Network
Jack Mallers, founder of Zap, is bringing Bitcoin back to its roots with an announcement that his Lightning Network wallet, Strike, has partnered with Shopify, NCR, and Blackhawk Network. According to...
No end in sight as Walmart blows past a key resistance. When should you buy?
Walmart, Inc. (NYSE:WMT) broke past the $150-$152 zone on April 7. The level has held back prices since September 2020. The breach of the critical resistance zone confirms a developing bullish move fo...
Walmart says it is raising pay for truck drivers, starting training program
A Walmart truck departs the company’s distribution center in Washington, Utah. Bloomberg | Bloomberg | Getty Images Walmart said Thursday that it is raising pay for long-haul truck drivers and l...
JD.com’s Richard Liu Becomes Latest China Tech Billionaire To Leave CEO Post
Richard Liu, founder and chairman of JD.com, center, gestures during an IPO ceremony at the Nasdaq … [+] MarketSite in New York in 2014. JD.com. Photographer: Michael Nagle/Bloomberg *** Local C...
Walmart saved millions from elder gift card scams
A gift card display stands at a Walmart Inc. store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Technology developed by Walmart helped the retail giant identify and freeze near...
Walmart Is Removing Cigarettes in Some Stores. Philip Morris and Altria Stock Fall.
Text size Bruce Bennett/Getty Images Shares of cigarette makers fell Monday as Walmart plans to end cigarette sales in some U.S. stores, The Wall Street Journal reported, citing people familiar with t...
Walmart sues BJ’s Wholesale claiming theft of Sam’s Club self-checkout tech
Shoppers stock up on merchandise at a Sam’s Club store on January 12, 2018 in Streamwood, Illinois. Scott Olson | Getty Images Walmart and its big-box warehouse subsidiary Sam’s Club accus...
Walmart’s Limited-Edition Ice Cream Drop Feels Like A Trend
Walmart has scored an exclusive deal on seven new flavors of ice cream from Van Leeuwen Ice Cream, including Kraft Macaroni & Cheese. The flavors will rotate at 3,500 U.S. locations over a 10-week...
Walmart wants to hire more than 50,000 workers in new-business push
An employee restocks frozen food products at a Walmart Inc. store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart said Wednesday that it wants to hire more than 50,000 emp...
Costco Quietly Catches Up to Amazon, Walmart in One Key Area
Costco’s (COST) – Get Costco Wholesale Corporation Report business has always been about driving people to its warehouses. The membership-based chain resisted efforts to even sell things o...
How Collectibles Brand Funko Became A $1 Billion Pop Culture Powerhouse
Funko has grown from a little-know collectibles company to a pop culture power player, and it topped … [+] $1 billion in revenue in 2021. Future Publishing via Getty Images Back in January, 2017...
Shopify Makes a Key Move to Compete With Amazon, Walmart
Walmart (WMT) – Get Walmart Inc. Report and Amazon (AMZN) – Get Amazon.com, Inc. Report are locked into a battle for dominance in online shopping. Walmart was able to dominate the 90...
Where to buy Walmart (WMT) stock: it has steadily risen over the past month
The price of Walmart (WMT) stock has been on an exponential rise for the past month and investors are positive that the stock shall continue rising as the retailer continues to expand its base. Today,...
Judge orders Walmart to rehire worker with Down syndrome
Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey. Walmart saw its profits jump in latest quarter as e-commerce sales surged during the coronavirus pandemic. VIEW press |...
Walmart Partners With Space NK To Launch Prestige Beauty Products
Walmart will begin offering prestige beauty brands this summer through BeautySpace NK. Courtesy of Walmart Walmart Inc. is getting into the prestige beauty act with BeautySpace NK,a collaboration that...
Plug Power’s Walmart Deal Is a Step in the Right Direction, Analyst Says
Text size Plug Power stock has gained about 4% the last 12 months. Courtesy Plug Power Plug Power’s recent deal with Walmart is solid validation for investors that the company’s green hydrogen investm...