Walmart is a US retail company incorporating hypermarkets and grocery stores. Its HQ is in Arkansas. Walmart was established in 1962 by Sam Walton. It was named the largest corporation by revenue by Fortune Global 500.
Retail giants and fierce competitors, Amazon and Walmart, traded barbs after Amazon boss Jeff Bezos called on retailers to increase workers’ minimum hourly wages. Walmart was quick to gently remind Amazon of its tax avoidance.
A fed-up Canadian made a theatrical exit from his job at Walmart, airing his beef with the company and its management using the store’s intercom. Thankfully a cellphone video has preserved his glorious resignation for posterity.
Walmart is banishing Cosmopolitan magazine from its checkout lines, in a decision that was both hailed as empowering women and criticized for doing the opposite. Amid the #MeToo movement, the retailer says it heard the concerns.
US retail giant Walmart has filed a patent for robotic bees that it hopes will be able to pollinate crops just like their real-life counterparts. The ‘robo-bee’ could provide a solution to the ongoing decline of bee populations.
US retail giant Walmart became the second major arms seller in a day to impose restrictions on firearm sales, raising the age limit to 21. It comes after Dick’s Sporting Goods said it is halting the sales of assault-style weapons.
Without any warning, Walmart closed dozens of Sam’s Club stores and laid off thousands of workers. Meanwhile, the retail giant also announced some workers will get a raise, and others, a bonus of up to $1,000, citing tax reform.