Latest Wal-Mart Stores Inc News

Retail rivals crash Amazon's Prime Day party

Jul. 16, 2019 10:51 AM EDT

NEW YORK (AP) — The gravitational pull of Amazon Prime Day is so strong on shoppers it's benefiting other retailers as well, according to an early analysis from a key data group. On Monday, the first day of its 48-hour sales event, large retailers, those that generated annual revenue of at least a billion...

Weakened Barry rolls into Louisiana, drenches Gulf Coast

Jul. 13, 2019 11:27 PM EDT

NEW ORLEANS (AP) — Barry rolled into the Louisiana coast Saturday, flooding highways, forcing people to scramble to rooftops and dumping heavy rain that officials had feared could test the levees and pumps that were bolstered after Hurricane Katrina devastated New Orleans in 2005. After briefly becoming a...

Amazon, seeking more skilled workers, will do the training

Jul. 11, 2019 2:22 PM EDT

NEW YORK (AP) — Amazon, needing a more tech-savvy workforce, is offering to pay to retrain its employees and help them switch to more technical jobs at Amazon or elsewhere. The online shopping giant said Thursday that it plans to spend $700 million by 2025 to retrain 100,000 workers, or a third of its U.S....

Before you click buy, some Amazon 'Prime Day' tips

Jul. 10, 2019 11:41 AM EDT

NEW YORK (AP) — Amazon's "Prime Day" is back, and so is the temptation to shop and overspend on stuff you don't need. The made-up holiday, first held in 2015, has become one of Amazon's busiest shopping days, offering discounts on gadgets, TVs and other goods. But it's also a way for Amazon to get more...

UK investigation of Amazon investment shows tougher approach

Jul. 5, 2019 10:50 AM EDT

LONDON (AP) — The U.K. competition watchdog on Friday launched an investigation into Amazon's purchase of a large stake in food delivery service Deliveroo, a move that suggests authorities are taking a harder line on the expansion of Big Tech. While the deal had not been billed as a takeover by Amazon, the...

Amazon adds new option: Buy on Amazon, pick up at Rite Aid

Jun. 27, 2019 5:11 PM EDT

NEW YORK (AP) — Amazon is adding a new way to get your packages: head over to another store's sales counter to pick it up. Starting Thursday, Amazon shoppers will be able to fetch their orders at more than 100 Rite Aid stores across the United States. It will expand to 1,500 Rite Aid locations by year-end....

Walmart to pay $282 million over foreign corruption charges

Jun. 20, 2019 6:12 PM EDT

ALEXANDRIA, Va. (AP) — Walmart agreed Thursday to pay $282 million to settle federal allegations of overseas corruption, including funneling more than $500,000 to an intermediary in Brazil who was known as a "sorceress" for her uncanny ability to make construction permit problems disappear. U.S....

Hundreds of companies decry tariffs in letter to Trump

Jun. 13, 2019 5:15 PM EDT

NEW YORK (AP) — More than 600 companies and trade associations, including Walmart and Target, have signed a letter telling President Donald Trump that an escalating trade war with China will hurt families, jobs and the U.S. economy. The letter, dated Thursday and organized by a business coalition called...

Target ups the ante in online delivery wars

Jun. 13, 2019 10:09 AM EDT

NEW YORK (AP) — How much would you be willing to pay to get those diapers within an hour or so? In the latest salvo in the delivery wars, Target is offering same-day delivery on thousands of items for $9.99 per order through a delivery startup it purchased nearly two years ago Until now, Target shoppers...

Walmart eliminates dedicated president role for Jet.com unit

Jun. 12, 2019 6:13 PM EDT

NEW YORK (AP) — Walmart is eliminating the position of president at its Jet.com subsidiary, which it acquired in 2016, as it further merges the rest of its team with its namesake online operations. As part of the changes, Jet.com's president, Simon Belsham will leave in August. Strategy and management of...