Walmart is moving ahead with initiatives that move it closer to goals regarding delivery and healthcare operations, including initial operation of what is to become an electric vehicle fleet. Within two weeks of signing an agreement to purchase 4,500 vehicles, Walmart...
Walmart put up solid numbers in its second quarter after moves to cut costs and shift emphasis as consumer spending patterns changed under the influence of inflation. Walmart net income was $5.15 billion, or $1.88 per diluted share, versus $4.28 billion, or $1.52 per...
As it continues to position itself for future growth, JCPenney announced that it has appointed Stephanie Plaines CFO and provided details of its strategy to drive back-to-school sales. Plaines most recently served as CFO at Jones Lang LaSalle, a commercial real estate...
To keep goods moving faster, Walmart will open a 400,000 square-foot high-tech consolidation center in Lebanon, PA, this month, which will use automation to move goods three times than has been traditional and help Walmart deliver the right product to the right store....
At a time when consumer priorities are being redefined, Walmart is getting into refurbished goods through a program dubbed Walmart Restore, which gives consumers the chance to purchase quality goods at lower prices than new products. Walmart Restore arrives at a time...
