Asda Owner Walmart Putting Major Stake in Supermarket Up For Sale
Asda’s US owner has confirmed it is in early stage discussions about the potential sale of a controlling stake in the UK supermarket. …
walmart
Walmart Will Combine its Store, Online Buying Teams, Company Memo Says
Walmart is combining its teams of buyers for Walmart.com and the company’s stores as the big-box retailer aims to turn e-commerce into a profitable business, according to a company memo sent Tuesday. …
Walmart is Quietly Working on an Amazon Prime Competitor Called Walmart+
Over the past 18 months Walmart has explored creating its own paid membership program that would include perks that Amazon can’t replicate, in part to avoid a direct comparison to Prime. …
Walmart Loses Another Home-Delivery Provider Amid Amazon Clash
Walmart Inc. is parting ways with grocery-delivery partner Skipcart, the latest defection from its network of logistics companies who often struggle to make ends meet schlepping cola and cantaloupes for the nation’s biggest food retailer. …
Walmart’s Grocery Business is Winning Over More Affluent Shoppers
Walmart is reeling in higher-income customers — including some who are new to the retailer — with its online grocery business, company executives told investors Tuesday at an event in New York. …