Walmart: latest retail news, insights and analysis | ESM Magazine

Walmart Profit Falls As Retailer Cuts Full-Year Outlook

Walmart Inc reported a sharp drop in quarterly earnings and cut its full-year profit outlook as rising costs of fuel and labour hurt its bottom line while...

Walmart Taps PayPal's Finance Chief John Rainey As CFO

Walmart Inc has appointed PayPal Holdings Inc's finance head, John Rainey, as chief financial officer (CFO), the world's largest retailer said on Tuesday.

Walmart Stops Cigarette Sales In Certain US Stores

Walmart Inc is stopping cigarette sales in some US stores after years of debate within the retail giant's management team about selling tobacco products, t...

Walmart To Hire Over 50,000 US Workers In First Quarter

Walmart Inc said it plans to hire more than 50,000 workers in the United States in its first quarter as the US retailer giant expands its business in the c...

South Africa's Massmart Flags Wider Annual Loss Of R1.6bn

South African retailer Massmart Holdings has flagged a wider annual loss for its financial year to 26 December 2021, impacted by damage to its stores and l...

Walmart Forecasts Profit Above Expectations As Demand Holds Firm

Walmart Inc beat full-year profit and US sales expectations, signalling steady demand at stores even as supply-chain issues during the holiday season and r...

Walmart Mexico Considers Alternatives For Honduras, El Salvador, Nicaragua

Walmart De México y Centroamérica To Consider 'Strategic Alternatives' For Operations In Honduras, El Salvador, And Nicaragua

Walmart's Chief E-Commerce Officer Casey Carl Steps Down

Walmart's top e-commerce executive Casey Carl is leaving the company at the end of February after nearly two years, the company said in an internal memo.