All Walmart articles
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News briefs
CPC 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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Article
U.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 briefs
Walmart 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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Article
Walmart 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 ...