Walmart continues investing in its hourly workers and announced an enhanced bonus and support plan to boost employee prospects. In a blog post, John Furner, president and CEO Walmart US, and Lo Stomski, senior vice president, chief talent officer, pointed out the...
Dollar General Corporation named former Save-A-Lot and Walmart executive Lee DeVille senior vice president of store operations. Prior to joining Dollar General, DeVille served as senior vice president of operations at Advantage Solutions, which develops marketing...
Walmart has opened a new, next-generation 1.5 million-square-foot fulfillment center in Greencastle, PA, as it continues applying technology to logistics. The new facility is Walmart’s fourth next-generation fulfillment center. Walmart describes the next-generation...
The first quarter exceeded Wall Street and company expectations as Walmart pressed lower-pricing initiatives across various categories, including Home. Net income was $5.1 billion, or 63 cents per diluted share, versus $1.67 billion, or 21 cents per diluted share, in...
Amazon is making major gains in advertising, but it is part of a changing e-commerce landscape where conditions are evolving, according to a study by Jungle Scout. The company’s advertising revenue has grown from $12.6 billion to $46.9 billion in 2023. Amazon’s...
