Walmart

pymnts | November 20, 2017

Walmart is jumping onto Tesla’s electric tractor trailer truck bandwagon early with an announcement that it plans to test run the recently previewed, soon-to-be-released vehicles. Five of the pre-ordered vehicles will service Walmart U.S.; 10 will service Walmart in Canada. “We have a long history of testing new technology — including alternative fuel trucks — and we are excited to be among the first to pilot this new heavy-duty electric vehicle,” the company said i...

pymnts | November 20, 2017

Accomplished public intellectual and post-Keynesian economist John Kenneth Galbraith was well-known for four things. He didn’t think much of math and science — rather unusual given his choice of a profession that uses complicated math formulas to communicate. His economic principles were what inspired President Lyndon B. Johnson to kickstart the now-controversial “War on Poverty” program in the 1960s — a series of programs intended to end poverty and racial injustic...

pymnts | November 17, 2017

Walmart shareholders got an early holiday gift this year, in the form of a stock price that jumped 10 percent shortly after the market opened today. This came as the nation’s largest retailer by sales managed to notch solid beats across the board in revenue, comparable sales and eCommerce sales growth....

pymnts | November 10, 2017

Two weeks before Black Friday, Walmart is already preparing and hoping to get shoppers thinking that way as well. In a Thursday (Nov. 9) announcement, Walmart released news that its U.S. stores would be rolling out color-code in-store sections for various types of goods during the Black Friday crush of shoppers, Reuters reported....