Category: Walmart’s

Walmart’s Mass Layoffs Could Be the Canary in the Coal Mine
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Walmart’s Mass Layoffs Could Be the Canary in the Coal Mine

Walmart is laying off hundreds of workers despite posting record sales during the pandemic. The news proves no one is immune to the effects of Covid-19, not even Walmart. Walmart’s decision is a red flag for the stock market and economy given the retailer’s strong performance during the pandemic. Mass layoffs have become somewhat of…

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Flipkart buys Walmart’s India wholesale business to reach mom and pop stores
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Flipkart buys Walmart’s India wholesale business to reach mom and pop stores

Flipkart said on Thursday it is launching a wholesale marketplace to serve small and medium-sized businesses and neighborhood stores in India, entering an increasingly crowded space that has attracted several players including India’s largest physical retail chain (Reliance Retail), Lightspeed-backed Udaan, Amazon, and Facebook in recent years. To launch the wholesale marketplace, called Flipkart Wholesale,…

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Walmart’s Flipkart makes local languages push to win small Indian cities and towns
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Walmart’s Flipkart makes local languages push to win small Indian cities and towns

Flipkart on Wednesday added support for three more local languages as the Indian e-commerce giant looks to widen its foothold in smaller cities and towns across the country where fewer people speak English and Hindi. The Walmart -owned firm said its online marketplace now has interfaces in Tamil, Telugu, and Kannada, three languages that are…

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Walmart’s Sam’s Club launches curbside pickup nationwide
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Walmart’s Sam’s Club launches curbside pickup nationwide

Walmart’s online grocery business has been a significant contributor to its growing e-commerce sales, particularly now amid the coronavirus pandemic. Now the retailer is expanding access to curbside pickup at its warehouse club chain, Sam’s Club. Today, Sam’s Club announced the nationwide launch of curbside pickup, bringing the service to all its 597 clubs across…

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Walmart’s Flipkart rolls out voice assistant to make shopping easier
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Walmart’s Flipkart rolls out voice assistant to make shopping easier

Flipkart is rolling out a voice assistant feature to its platform to make it easier for consumers to shop as the Walmart-owned e-commerce giant looks to expand its reach in the nation. The AI-powered voice assistant currently supports grocery category, called Supermart, but a company spokesperson told TechCrunch that Flipkart will soon be extending it…

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Google and Walmart’s PhonePe establish dominance in India’s mobile payments market as WhatsApp Pay struggles to launch
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Google and Walmart’s PhonePe establish dominance in India’s mobile payments market as WhatsApp Pay struggles to launch

In India, it’s Google and Walmart-owned PhonePe that are racing neck-and-neck to be the top player in the mobile payments market, while Facebook remains mired in a regulatory maze for WhatsApp Pay’s rollout. Google Pay had more than 75 million transacting users last month, ahead of PhonePe’s 60 million users, people familiar with the companies’ figures…

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Is Walmart’s Overvalued Stock an Omen for Recession?
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Is Walmart’s Overvalued Stock an Omen for Recession?

Walmart’s fourth-quarter results were a disappointment. Both top and bottom line numbers fell short of analyst expectations. Despite the obvious business slowdown, Walmart’s stock remains near its all-time high. Walmart’s stock price is becoming increasingly divorced from business fundamentals. This may be evidence that the wider market rally is nearing its end. Walmart (NYSE:WMT) is…

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Walmart’s Vudu adds Family Play feature so viewers can skip sex, violence and substance abuse
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Walmart’s Vudu adds Family Play feature so viewers can skip sex, violence and substance abuse

Vudu, the streaming service owned by Walmart, announced a new feature today that will make it easier for viewers to avoid sex and violence in movies. Anyone who’s watched an R-rated movie on broadcast television or on an airplane is probably familiar with films that have been “edited for content,” but Vudu’s new Family Play…

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Why Walmart’s Flipkart is betting heavily on Hindi
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Why Walmart’s Flipkart is betting heavily on Hindi

To win India’s next 200 million internet users, e-commerce giant Flipkart wants to speak their language Flipkart, the largest e-commerce platform in India, said Tuesday it has concluded the roll-out of a range of features to its shopping app in what is its biggest update in recent years. Chief among these new features is access…

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