Walmart’s online sales have surged during the pandemic as stores shut down. The retail giant’s stock has considerable upside due to its e-commerce business. Walmart is competing with Amazon Prime by launching its subscription-based service. While the S&P 500 is down about 3% for the year, Walmart (NYSE:WMT) is beating the market with a gain…
Walmart is continuing its foray into fashion e-commerce, announcing a strategic partnership with fashion resale marketplace thredUP to list a large number of the items on Walmart’s digital storefront. With this partnership over 750,000 items from thredUP will be available on walmart.com/thredup, starting today. Notably, only clothing items and shoes marked as “new” or “like…
Record usage of grocery delivery services amid the COVID-19 pandemic has led to delayed orders, fewer open delivery windows and, on occasion, an inability to even book a delivery time slot. Walmart now hopes to capitalize on the increased demand for speedier delivery with the introduction of a new service that allows consumers to pay…
Walmart came out swinging earlier this week in a lawsuit that accused Tesla of breach of contract and gross negligence over problems with rooftop solar panel systems installed at the retail giant’s stores. Now, just days later, the lawsuit has been placed on hold while the two companies try to reach an agreement that would…
A worker at Walmart corporate is asking thousands of fellow employees to take part in an organized “sick out” over the retail giant’s gun and ammo sales. CNN reports that Thomas Marshall, one of three employees organizing the walkout, sent a message on a Slack and email chain “that included about 20,000 people.” The message…
Cowen, a veteran analyst and research group, believes that Walmart will face less political opposition than Facebook if and when…
Cowen, a veteran analyst and research group, believes that Walmart will face less political opposition than Facebook if and when it decides to launch its own cryptocurrency. Government Likes Walmart Better Than Facebook? Walmart revealed last week that it was looking into the creation of a stablecoin, via a patent filing. The digital currency variant…
Facebook & Libra are old news. Walmart’s surprise crypto patent could reshape the industry forever if it ever actually launches….
