Walmart fined for shipping realistic toy guns to New York, violating state law
Walmart agreed to pay a small fine and promised to ensure its third-party resellers are unable to sell imitation toy guns to buyers in New York. New York Attorney General Letitia James said that the retail giant's online store shipped at least nine such toys to the state.
Walmart vs. Target: Which Retail Giant is Poised to Outperform?
Walmart gains ground with rising ad and membership revenues, while Target faces sales decline and margin pressure amid weak discretionary demand.
Walmart, Amazon draw criticism from Trump over tariff response
Walmart Inc (NYSE:WMT, ETR:WMT) and Amazon.com Inc (NASDAQ:AMZN) are facing criticism from the White House over their responses to new global tariffs, with President Donald Trump accusing large retailers of using the tariffs as an excuse to raise prices. Critics of Trump's trade strategy argue the situation is self-inflicted, stemming from policies his administration implemented, according to a Globe and Mail report on Monday.
Walmart Sounds the Alarm: Tariffs Will Hit American Consumers Hard
[00:00:04] Doug McIntyre: So, you had a funny rumor last week.
Walmart Expands Network of Automated, Centralized Prescription Fulfillment Facilities
Walmart said Thursday (May 22) that it opened its largest centralized prescription fulfillment facility and plans to add two more. The new Central Fill pharmacy location is in Frederick, Maryland, and two other facilities are expected to open in 2026 in Phoenix, Arizona, and Republic, Missouri, the company said in a Thursday press release.
Walmart layoffs: Memo cites rapid technological changes as 1,500 corporate workers lose their jobs
Walmart Inc. is laying off approximately 1,500 employees in the United States in a bid to restructure as it works to keep up with fast-moving technological changes. The job cuts will impact corporate staff at the company's headquarters in Bentonville, Arkansas, and other offices.
Walmart to cut about 1,500 corporate jobs
Walmart — the nation's largest private employer — is cutting more than 1,000 corporate jobs as the company tries to lower its expenses and streamline decision-making as pressure from tariffs mounts.
Walmart to Cut Jobs as It Focuses on 'Future of Retail'
Walmart (WMT) is laying off workers as part of a U.S. restructuring the retailing giant said was designed to "sharpen our focus" in order to "accelerate our progress delivering the experiences that will define the future of retail."
Walmart says it's cutting roles to 'remove layers and complexity'
Walmart is laying off staff to "remove layers and complexity" in the company. In a memo to staff, executives said roles in the global tech team would be cut.
Walmart Earnings Summary: Tariffs Not As Critical As Long-Term Flywheel Improvements
Walmart reported their fiscal Q1 '26 earnings results last Thursday morning, May 15th, 2025 and while actual EPS beat consensus by 5%. Ecommerce – now approaching 20% of total Walmart revenue – has finally turned profitable, which should definitely help margins over the next few years. Walmart Connect, the advertising business, grew 31% in the US and was up 50% “across markets” per the conference call.
Walmart Eliminating Roles on Technology and eCommerce Fulfillment Teams
Walmart plans to cut 1,500 corporate jobs in its technology, eCommerce fulfillment and advertising operations, The Wall Street Journal reported Thursday (May 21), citing unnamed sources. Reached by PYMNTS, a Walmart spokesperson declined to comment on the report.
Along with price hikes, here's how else Walmart might maintain margins while navigating tariffs
Walmart Inc. plans to cut around 1,500 jobs, the Wall Street Journal reported on Wednesday, as the big-box chain tries to manage costs and accelerate decision-making amid broader efforts by retailers and consumers to navigate inflation and tariffs.
