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BENTONVILLE, Ark., March 7, 2019 – In response to the multiple tornadoes that have impacted Alabama and Georgia, Walmart and the Walmart Foundation have committed to provide $50,000 in support through cash and product donations. The commitment includes $15,000 in product donations to organizations providing support to impacted areas, and cash…
March 7, 2019
BENTONVILLE, Ark., March 7, 2019 – Walmart Inc. (NYSE: WMT) announced today that Brett Biggs, executive vice president and chief financial officer, will participate at the Bank of America Merrill Lynch 2019 Consumer & Retail Technology Conference on Tuesday, March 12 at noon EDT. This session will be webcast live through the “Events” link at…
March 7, 2019
March 6, 2019 By Matt Smith and Kyle Jones, Walmart Corporate Affairs When I met Amanda Whitehurst this January, she had just been promoted to manager of a Walmart supercenter in Crossett, Arkansas. Running a Walmart store is a terrific accomplishment. But it wasn’t always Amanda’s goal. She was hired in 2009 as a temporary cashier, and she…
March 6, 2019
BENTONVILLE, Ark. and CINCINNATI, Ohio, March 4, 2019 – Walmart International is proud to partner with The Procter & Gamble Company (P&G) and their Children’s Safe Drinking Water Program to launch a 2019 Global Event program that will raise awareness of the global water crisis. Access to clean drinking water is a challenge every day for…
March 4, 2019
March 1, 2019 By Elizabeth Walker, Walmart Corporate Affairs To put it mildly, Ha Na Lee is a #boss. As an elite amateur triathlete (meaning she isn’t professional yet), Ha Na works out 15 hours a week, split between biking, running, swimming, and weight training. By day, she’s a U.S. eCommerce Associate Operations Manager, where she works with…
March 1, 2019
February 28, 2019 Editor’s note: Walmart U.S. President and CEO Greg Foran just sent the following note to all stores. Corporate Memo HeaderPeople Greeter Changes To: Store Managers From: Greg Foran – President & CEO, Walmart U.S.Dear Associates,You don’t have to look far to see how competitive the retail industry is. In this environment,…
February 28, 2019
BENTONVILLE, Ark., Feb. 28, 2019 – Walmart Inc. (NYSE: WMT) announced today that Brett Biggs, executive vice president and chief financial officer, will participate at the Raymond James Institutional Investors Conference on Tuesday, March 5 at 9:50 a.m. EST. Greg Foran, president and chief executive officer of Walmart U.S. will participate at the…
February 28, 2019
SAN FRANCISCO, Feb. 27, 2019 – Affirm, Inc., the financial technology company that provides transparent and consumer-friendly payment alternatives to cash and traditional credit, today announced a partnership with Walmart that will give shoppers the option of using Affirm to pay for their purchases over time at nearly 4,000 Supercenters…
February 27, 2019
BENTONVILLE, Ark., Feb. 26, 2019 – Walmart today issued a bold new set of plastic waste reduction commitments by leveraging its massive private brand program. The new commitments, announced at Walmart’s annual supplier forum, are expected to impact over 30,000 SKUs. The move is designed to help get to the heart of the problem by focusing on the…
February 26, 2019
Gurgaon and Bangalore, Feb. 26, 2019 – Walmart India, wholly owned subsidiary of Walmart Inc., and PhonePe, one of India’s fastest growing payments platform, today announced that they have entered into a partnership to launch PhonePe as a payment option at Walmart India’s 23 Best Price Modern Wholesale “B2B Cash & Carry” stores. PhonePe will…
February 26, 2019
Walmart has acquired Aspectiva, an Israeli-based start-up, for an undisclosed sum. As part of the acquisition, Aspectiva will be joining Walmart’s Store N° 8, the incubation arm launched by the retailer in 2017 to uncover the ideas that will transform the future of commerce. Aspectiva’s Natural Language Processing capabilities will help Walmart…
February 25, 2019
LOS ANGELES, Feb. 25, 2019 – Hello Bello™, a new collection of expertly formulated, plant-derived baby necessities, launches today exclusively at Walmart stores nationwide, on Walmart.com and HelloBello.com. Founded by parents Kristen Bell and Dax Shepard, along with Sean Kane (co-CEO), Jay McGraw (co-CEO) and Jennifer Pullen (CFO & COO), the…
February 25, 2019
BENTONVILLE, Ark., Feb. 19, 2019 – The Board of Directors of Walmart Inc. (NYSE: WMT) approved an annual cash dividend for fiscal year 2020 of $2.12 per share, an increase of approximately two percent from the $2.08 per share paid for the last fiscal year. The fiscal year 2020 annual dividend of $2.12 per share will be paid in four quarterly…
February 19, 2019
Fourth-quarter highlightsDoug Q4 FY19 QuoteTotal revenue was $138.8 billion, an increase of $2.5 billion, or 1.9%. Excluding currency2, total revenue was $140.5 billion, an increase of $4.2 billion, or 3.1%.Walmart U.S. comp sales1 on a two-year stack of 6.8% is the strongest growth in 9 years.Walmart U.S. eCommerce continued to benefit from the…
February 19, 2019
BENTONVILLE, Ark., Feb. 14, 2019 – Have you ever wished you could ride alongside Hiccup and Astrid on the back of a dragon, soaring high in the sky and swooping over incredible landscapes? Walmart (NYSE: WMT) and DreamWorks Animation are making this a reality – a virtual reality – through an exclusive, first-of-its-kind immersive V-commerce…
February 14, 2019