About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Walmart's Body Camera Pilot Program - Walmart has initiated a pilot program to equip store-level associates with body cameras at select U.S. locations [1] - The program is currently being tested in one market, with no specific details on the number of stores involved [3] - The company aims to evaluate the results before making long-term decisions regarding the use of body cameras [3] Purpose and Implementation - Walmart intends to use body cameras primarily for worker safety, not as a loss prevention tool [3] - Employees are instructed to record interactions with customers if the situation escalates and to avoid wearing cameras in break areas and bathrooms [4] - After an incident, employees are required to log the event in the "ethics and compliance app" with the help of another team member [4] Industry Context and Challenges - The pilot program coincides with the holiday shopping season, a period when retail employees face increased stress and hostile interactions with customers [5] - Smaller retailers have already experimented with body cameras as a theft deterrent, but Walmart's focus remains on employee safety [3] - Existing surveillance systems in stores are already in place, raising questions about the added value of body cameras [8] Worker and Union Perspectives - The Retail, Wholesale and Department Store Union (RWDSU) expresses concerns that body cameras may be more about surveillance and theft deterrence than employee safety [6] - Workers need training on de-escalation and handling hostile situations, which body cameras alone cannot provide [7] - United for Respect, a workers' organization, emphasizes that body cameras are not a substitute for proper training and safe staffing [7] Potential Impact and Concerns - There is skepticism about whether body cameras can organically promote de-escalation, with concerns that they might provoke customers or fail to address underlying issues [8] - The program's effectiveness in improving worker safety remains unclear, as body cameras do not intervene in conflicts or provide training [7]

Walmart’s Mexican business unit, Walmart de México y Centroamérica (Walmex), said a decision by Mexico’s antitrust authority will not affect its business.The company also said in a Friday (Dec. 13) press release that it will challenge the Comisíon Federal de Competencia Económica’s (COFECE) Thursday (Dec. 12) decision that Walmex engaged in a monopolistic practice in its dealing with supplier contributions.COFECE fined the company over $93 million pesos (about $5 million), according to the release.The compe ...

It looks like Amazon wants to heat up competition in the delivery space against rival Walmart.Amazon is testing 15-minute grocery delivery in India as part of its push into the “quick commerce” sector, which is expected to surpass $6 billion in annual sales this year. The eCommerce giant seeks to offer fast, wide-ranging selections to customers across the country, challenging rivals like Walmart-backed Flipkart and Reliance, both of which have launched similar services.While quick commerce is gaining moment ...

Walmart and investment firm Ribbit Capital are reportedly leading a funding round of more than $300 million for FinTech startup One, which is majority-owned by Walmart.The round, which has not closed, would value One at $2.5 billion before the new money is raised, Bloomberg reported Thursday (Dec. 12), citing an unnamed source.Neither Walmart nor Ribbit Capital immediately replied to PYMNTS’ request for comment.One aims to provide financial services to Walmart’s hundreds of millions of customers and its 1.6 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the quarterly period ended October 31, 2024. or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the transition period from to . Commission File Number 001-06991 WALMART INC. (Exact name of registrant as specified in its charter) Delaware 71-0415188 (State or other jurisdictio ...

Following a strong Black Friday and Cyber Monday, both Walmart and Amazon reported record-breaking sales, with their platforms seeing growth from third-party sellers.Walmart reported record sales for its third-party Marketplace during the early holiday shopping season, with the period from Nov. 25 to Dec. 2, including Cyber Monday, marking its highest-ever sales day and conversion rate. The company highlighted growth in its eCommerce business, with overall sales up 22% in the most recent quarter, with Marke ...

Taking a bold step toward integrating technology and retail, Walmart Inc. (WMT) has concluded its acquisition of VIZIO, which is a leading player in the connected entertainment and smart TV space. VIZIO will become a wholly owned subsidiary of Walmart, with its operations forming part of the Walmart U.S. segment.This deal, worth $2.3 billion, is likely to reshape how Walmart engages with customers and advertisers. However, the transaction is likely to cause slight earnings per share dilution for Walmart in ...

Walmart (WMT 0.94%) stock gained 13% in November according to data from S&P Global Market Intelligence. It reported strong third-quarter earnings amid a challenging operating environment.Shifting into new trendsWalmart is the largest company in the world by sales, so it's all the more impressive that it can keep building on top of that. It is constantly upgrading its stores and platforms with new product lines, expense management, new ventures, and more. There are always things to do to function better and ...

Walmart has completed its $2.3 billion purchase of smart television maker Vizio.The deal, aimed at bolstering the company’s retail media offerings, closed after a federally required waiting period expired, the retail giant announced Tuesday (Dec. 3).“The acquisition of Vizio and its SmartCast Operating System allows Walmart to serve its customers in new ways to enhance their shopping journeys,” Walmart said in a news release. “It will also bring to market new and differentiated ways for advertisers to meani ...