All Walmart articles
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News briefs
Walmart and Vans settle trademark dispute
Walmart and Vans have settled a trademark lawsuit, under which Vans, which is owned by VF Corp. accused the U.S. retailer of copying the designs of its shoes, according to a filing with a Californian District Court. The trial was scheduled to start on Nov. 28. The companies said that ...
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ArticleCanada probes Walmart, Hugo Boss, Diesel for alleged use of Uyghur forced labor
The Canadian Ombudsperson for Responsible Enterprise (CORE) will launch investigations regarding the alleged use of Uyghur forced labor in China by the Canadian units of Walmart, Hugo Boss and Diesel. CORE has published initial assessment reports regarding complaints about Walmart Canada, Hugo Boss Canada and Diesel Canada for allegedly benefitting ...
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News briefs
Walmart may close 3 technology hubs in the U.S.
Walmart plans to close three of its U.S. technology hubs, according to The Wall Street Journal citing memo sent by Suresh Kumar, the global chief technology officer of the American retailer, to staff. The hubs that are due to be closed are located in Austin, Carlsbad and Portland. Walmart will ...
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News briefs
Walmart buys a robotics automation company
Walmart has agreed to acquire Alert Innovation, a robotics automation company that develops material-handling technology for automating order fulfillment in retail supply chains. Walmart has been working with Alert to customize technology for its market fullfillment centers (MFC) since 2016. ”Further investing in this technology will enable us to leverage ...
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News briefs
Walmart buys 4,500 electric delivery vehicles
Walmart has signed an agreement with Canoo, a U.S. mobility company, to purchase 4,500 all-electric delivery vehicles, beginning with the Lifestyle Delivery Vehicle (LDV), with the option to purchase up to 10,000 units. No financial details were released. The vehicles will be used to deliver online orders and will also ...
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News briefs
Walmart has a controlling stake in AI robotics automation provider
The U.S. retailer Walmart has a 62.2 percent stake in Symbotic, a provider of artificial intelligence-enabled robotics automation technology, according to a filing with the US Securities and Exchange Commission. On June 8, Symbotic became a listed company on Nasdaq through a merger with the special purpose acquisition company SVF ...
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ArticleWalmart to launch drone deliveries in 6 U.S. states
Walmart is expanding its drone delivery network to 34 sites by the end the year, providing the potential to reach 4 million U.S. households across six states – Arizona, Arkansas, Florida, Texas, Utah and Virginia. The service is done in partnership with DroneUp and will enable to deliver over 1 ...
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News briefsAmazon becomes top clothing retailer in U.S.
Amazon overtook Walmart to become the top apparel and footwear retailer in the U.S. last year, as online sales jumped during the Covid-19 pandemic, according to research from the American bank Wells Fargo . The e-commerce giant’s apparel and footwear sales in the U.S. grew by about ...
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News briefsCPC completes purchase of Shoes.com
CriticalPoint Capital (CPC), a Californian-based private equity firm, has completed the acquisition of Shoes.com from Walmart . No financial details were released. Shoes.com is an online retailer of footwear, apparel and accessories present in the U.S., and internationally, offering a broad assortment of athletic to casual brands ...
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ArticleU.S. delays TikTok ban to Sept. 27 as Trump gives blessing to deal with Oracle, Walmart
The U.S. Department of Commerce said that it has delayed until Sept. 27 the prohibition of the Chinese mobile application TikTok . The department had previously announced that the ban would start today. The decision comes after U.S. President Donald Trump said he had given his “blessing” to ...
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News briefsWalmart launches Walmart+ membership program
Walmart is launching the membership program Walmart+ , its much anticipated response to Amazon Prime . Membership will be available to all U.S. customers on Sept. 15. It will cost $98 a year or $12.95 a month and includes a 15-day free trial period. Members will receive unlimited ...
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ArticleWalmart eyes TikTok’s U.S. business as it reviews it e-commerce business
The U.S. retailer Walmart is interested in bidding jointly with the software group Microsoft for the U.S. business of the Chinese videosharing app TikTok as it continues to review its e-commerce activity. In a statement, Walmart noted that that the way TikTok has integrated e-commerce and ...
