Walmart

Walmart Beats Same-Store Sales Estimates On Buoyant Online Demand

Walmart Inc posted a bigger-than-expected increase in quarterly same-store sales on Tuesday as a 79% surge in its online business powered overall rises in...

Walmart Sells Majority Stake In Seiyu, As Japan Exit Nears

Walmart Inc is selling a majority stake in Japanese supermarket chain Seiyu to investment firm KKR and e-commerce company Rakuten for over $1 billion, afte...

Walmart Sells Argentina Unit To Regional Retail Group; Will Take $1bn Hit

Walmart Inc, the world's largest retailer, said it would sell its retail operations in Argentina to South American supermarket chain owner Grupo de Narv&aa...

Walmart Drops Plans To Use Robots For Tracking Inventory

Walmart Inc has dropped its plans to use roving robots to scan shelves and keep track of inventory, squashing the world's largest retailer's years-lon...

South Africa's Massmart Posts Lower Sales From COVID-19 Curbs

South African retailer Massmart posted lower nine-month sales due to COVID-19 restrictions, which included a 1.1 billion rand hit from the reintroduction o...

Amazon Moves Against India's Future Group Over Reliance Deal

India's Future Retail Ltd shares fell 9% on Thursday after Amazon.com Inc sent a legal notice to Future Group, alleging the retailer's $3.38 billion asset...

Walmart Sells Asda To Billionaire British Brothers And TDR For $8.8bn

The British billionaire Issa brothers and private equity group TDR Capital have agreed to buy the British supermarket chain Asda from Walmart for an enterp...

Beyond Meat Triples Distribution Of Plant-Based Burgers At Walmart Stores

Beyond Meat Inc said on Tuesday its burger patties will be available at more than 2,400 Walmart Inc stores from next week, as it triples distribution with...