Walmart.com reported a revenue of $138.3 billion in Q122, up 2.7% from the comparable quarter of last fiscal year, according to the company’s press release. Quarter revenue was adversely affected…
Around 150 McDonald’s restaurants will remain at the US Walmart locations after another wave of planned closures, according to the Wall Street Journal. Closures target low-volume stores and are expected…
Multinational retailer Walmart Inc. tapped two top officials of the Goldman Sachs Group to lead its new fintech startup, according to a Bloomberg report. Walmart hired Goldman Sachs consumer banking…
Walmart shares fell more than 5% in premarket after reporting record quarterly revenue of $152.1 billion, a 7.3% increase, according to the company's press release. The stock slip was fueled…
Walmart will provide COVID-19 vaccinations in seven more states, besides Chicago and Puerto Rico, this week and next, according to Reuters. The shots will be availed to specified populations decided…
Walmart’s revenue in Q3 was $134.7 billion, up to $6.7 billion or 5.2%, year over year, according to WMT earnings report. U.S. e-commerce sales rose 79% with strong results across…
In response to President Trump's order, the Department of Commerce announced to put a ban on WeChat and TikTok transactions from 20th Sep. To prohibit and safeguard the national security…