Walmart issues Q1 report — CNBC.com
Walmart raised its full-year guidance on Thursday after fiscal first-quarter sales rose nearly 8%. The company’s grocery business helped offset weaker sales of clothing and electronics:...
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Walmart analysts focused on grocery sales — PYMNTS.com
As Walmart prepares to release its earnings report, analysts are focusing on the company’s grocery business. Sales are good, but inflation remains a concern: “Walmart remains in a pitched...
READ MOREDroneUp announces layoffs — CNBC.com
DroneUp, a drone delivery startup backed by Walmart, has announced employee layoffs: “Attempts at scaling commercial drone delivery in the U.S. have been slow moving, largely due to technical...
READ MOREGrocery prices on the rise — SupermarketNews.com
A new report from Impact Analytics shows that grocery prices in the United States have increased by 0.78% from April to early May: “The steepest increase (1.05%) was observed in cereals and...
READ MOREOnline grocery sales increased in April — ChainStoreAge.com
Grocery delivery sales rose in April, though pickup and ship-to-home both declined: “Delivery sales in April rose 20%. Pickup dipped 3%, and ship-to-home plunged 19%. (Delivery includes orders...
READ MOREWalmart begins to topple Giant Eagle in Western Pennsylvania — TribLive.com
Recent data shows that Walmart has surpassed Giant Eagle as the leading grocery retailer in Western Pennsylvania: “Despite O’Hara-based Giant Eagle being the hometown grocer, Walmart has been...
READ MOREWalmart and Sam’s Club earn Great Place to Work certification — Walmart.com
Walmart and Sam’s Club have been certified as a Great Place to Work by the Great Place to Work® Institute. The certification is based on employee feedback on factors such as trust in...
READ MOREWalmart leadership team visits India — Walmart.com
Walmart’s leadership team made a recent visit to Bangalore, India: “McMillon was joined by Walmart International CEO Judith McKenna, as well as other members of the Walmart leadership...
READ MOREConsumer sentiment declines — ChainStoreAge.com
Concern over the debt ceiling crisis may be impacting consumer sentiment: “The University of Michigan’s index of consumer sentiment fell 9% to 57.7 in mid-May from 63.5 in April, erasing over...
READ MORESam’s Club tests hamburger robot — Yahoo! Life
Sam’s Club is testing an in-warehouse robot that can make hamburgers for its members: “Walmart-owned Sam’s Club is testing out a robot that can assemble your burgers — toppings,...
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