WMT


Walmart’s Flipkart Launches Online Wholesale Service In India

India’s Flipkart, which is majority-owned by Walmart, launched an online wholesale service through an app in three cities of the country. The new …

Walmart Delivers Earnings Triumph; E-Commerce Sales Double

Shares in Walmart (WMT) surged 6% in Tuesday’s pre-market trading to reach an all-time high, before pulling back, after the retail giant announced …

Walmart vs Target: Which Retailer is the Better Buy?

E-commerce players, especially Amazon, have disrupted the retail space over the past few years and led to the bankruptcy of several brick-and-mortar retailers. …

McDonald’s Global Sales Hit By Pandemic; Top Analyst Sticks To Hold

McDonald’s Corp. (MCD) said global same-store sales dropped almost 24% in the second quarter, while profit missed analysts’ estimates as the coronavirus-induced lockdowns …

Walmart Leads $1.2B Funding Round For Flipkart’s E-Commerce Biz

Flipkart has now closed an additional $1.2 billion equity round led by Walmart (WMT), Flipkart’s majority owner, along with a group of existing …

Walmart To Launch Online Subscription Service For $98 Per Year- Report

Walmart Inc. (WMT) will be launching its own subscription service called “Walmart+” according to a report from Vox’s Recode on July 7.

Walmart Partners With Shopify To Expand Its E-Commerce Marketplace  

Walmart Inc. (WMT) announced on Monday that it has partnered with Shopify (SHOP) to create an all-in-one commerce platform.

WalMart Shutters Jet.Com 4 Years After Purchase

WalMart (WMT) announced this week that it is shutting down Jet.com, the e-commerce site it acquired in 2016 for $3.

Walmart Partners With ThredUp To Enter Fashion Resale Market

Walmart Inc. (WMT) announced that it has entered into an partnership with online fashion platform thredUP in a move which is targeted to …

Walmart’s Quarterly Sales Surprise As Virus Lockdown Drives Online, Store Delivery Traffic

Walmart Inc. (WMT) posted better-than-expected revenue and earnings in the first quarter as consumers piled up on food and groceries during the coronavirus …

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