Walmart
Search documents
Walmart is giving US hourly workers new bonuses that increase the longer they've been at the company
Business Insider· 2024-06-05 15:22
Walmart just announced a new slate of pay and benefits perks for US hourly associates.Some 700,000 workers are eligible for a new bonus that increases with their years with the company.The retailer is also expanding online training options, as well as piloting a trades career pathway. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the ...
Walmart rolls out new training programs for skilled trades as it tries to fill high-demand roles
CNBC· 2024-06-05 13:20
Walmart on Wednesday said it will offer new training programs and certifications to fill high-demand roles across its business, such as HVAC technicians, opticians and software engineers.The big-box retailer said it will also offer another reason for hourly store workers to stick around: a bonus of up to $1,000 per year.Walmart, the nation's largest private employer, has been investing in its stores and its workforce as it tries to hang on to the title of the nation's top retailer, with Amazon hot on its he ...
Analysts revise Walmart (WMT) stock price target
Finbold· 2024-06-05 08:07
Amid a continuously successful year for Walmart (NYSE: WMT) shares, crowned with the recently attained new all-time high (ATH), Wall Street analysts have revised their previous price targets for the American retail and hypermarket corporation for the next 12 months.Indeed, WMT stocks have been making steady progress this year, adding more bullishness in mid-May after the company released a better-than-expected earnings report for the fiscal 2025 first quarter, demonstrating Walmart’s growing strength in the ...
Walmart Splits From Capital One
Forbes· 2024-06-04 10:45
(Photo by David McNew/Getty Images)Getty ImagesCapital One is no longer Walmart’s exclusive credit card issuer. The partnership between Walmart and Capital One in 2019. The credit card company issued all the cards for Walmart costumers. Walmart’s complaint was that Capital One took too long to send replacement cards and process payments by Walmart customers.In March of this year a federal judge rules that Walmart could end the partnership early.“While Capital One and Walmart have ended their card partnersh ...
Walmart and Chipotle Soared After Announcing Stock Splits. Will Nvidia Be Next?
The Motley Fool· 2024-06-04 10:20
Stock split stocks are surging this year.Stock splits seem to be coming back into vogue.After Walmart (WMT 0.09%) and Chipotle Mexican Grill (CMG -1.70%), two of the higher-profile consumer goods stocks on the market, both announced stock splits earlier this year, Nvidia (NVDA 4.89%) became the latest closely watched stock to announce a split, telling investors during its earnings report on May 22 that would execute a 10-for-1 split on June 10.With that move, Nvidia becomes the latest "Magnificent Seven" st ...
2 Supermarket Stocks Grabbing Attention on Strong Industry Trends
ZACKS· 2024-06-03 14:20
Players in the Zacks Retail – Supermarkets industry have been capitalizing on their continuous efforts to improve both their physical stores and online operations. Effective delivery and payment options, coupled with robust omnichannel capabilities, have proven beneficial for these companies.Despite a dynamic operational landscape and rising costs, the sustained demand for essential items and strong revenue-driving strategies keep supermarket giants like Walmart Inc. (WMT) and The Kroger Co. (KR) well-posit ...
Meet an Artificial Intelligence (AI) Stock That's Increased Its Dividend for Over 50 Consecutive Years
The Motley Fool· 2024-05-31 09:50
AI stocks come in different shapes and sizes.Investors seeking dividends won't find much to like with most artificial intelligence (AI) stocks. Sure, a few AI giants such as Apple, Meta Platforms, Microsoft, and Nvidia pay dividends. But all of these companies' dividend yields are well below 1%.IBM is a notable exception with its forward dividend yield of over 3.9%. However, its stock performance has lagged well behind the S&P 500 in recent years. Since 2014, IBM stock has even declined slightly.Is there an ...
Amazon Follows Walmart in Slashing Grocery Prices to Gain Share
PYMNTS.com· 2024-05-31 08:00
As Amazon looks to make a dent in Walmart’s share of consumer grocery spending, the eCommerce company is joining the list of retail giants making widespread price cuts to common food items as shoppers seek the best bargain.The online marketplace’s Amazon Fresh grocery division is rolling out discounts of up to 30% on 4,000 items, although the specific markdowns will vary week to week, CNN reported last week.“Increasing our weekly deals across thousands of items and expanding the reach of Prime Savings at Am ...
Walmart+ Week Set for June 17-23, Promises Members-Only Offers
PYMNTS.com· 2024-05-31 01:08
Walmart will hold its members-only event, Walmart+ Week, June 17 to 23.The event will feature seven days of offers and savings available to Walmart+ members, the retailer said in a Thursday (May 30) press release.“Additionally, we’re introducing our first-ever mystery offer, set to be revealed on June 20,” Venessa Yates, general manager and senior vice president of Walmart+, said in the release. “While I can’t divulge the details just yet, I promise it will be worth watching out for.”The offers that have be ...
Walmart Encountered Mispricing Issue at Self-Checkout in 1,600 Stores
pymnts.com· 2024-05-29 22:45
Walmart reportedly encountered a pricing issue that affected 1,600 of its stores across the United States in March.The internal system failure resulted in widespread mispricing, with some items being sold at incorrect lower prices and others at higher prices, Bloomberg reported Wednesday (May 29).While Walmart has taken steps to address the problem and reimburse affected customers, concerns about consumer protection laws and potential legal and regulatory consequences for the company have arisen, according ...