The largest private employer in the U.S. is looking to expand its footprint to reach even more customers.  Walmart U.S. CEO John Furner announced Wednesday that the Arkansas-based company is looking to build 150 modernized stores over the next five years, its latest effort to reinforce its role as a community pillar. Of the 150, some will convert smaller stores into bigger ones.It will mark the first time Walmart has opened a new store since November 2021, a spokesperson told FOX Business.  New stores will ...

As the first month of 2024 draws to a close, Walmart (NYSE: WMT) stock continues its steady ascent, building on the incremental growth pattern established in the previous year.On January 30, Walmart announced a 3-for-1 stock split, saying a lower price would help more employees buy shares, in a development to enhance the working conditions and increase employee retention and job appeal.As of the January 30 closing, WMT stock has been at $165.59, reflecting a 0.33% increase from the previous closing. This st ...

Key TakeawaysWalmart will issue two new shares for every outstanding one in late February, while continuing to trade under the WMT symbol.Walmart said the stock split would help its employees purchase more shares.The company’s stock closed at $165.59 on Tuesday, about $4 below the all-time-high it hit in November. Walmart (WMT) stockholders will see their number of shares increase next month when the company executes a three-to-one stock split in February, a move it says will make it easier for employees to ...

In the latest trading session, Walmart (WMT) closed at $165.59, marking a +0.33% move from the previous day. This move outpaced the S&P 500's daily loss of 0.06%. Elsewhere, the Dow saw an upswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.76%.Prior to today's trading, shares of the world's largest retailer had gained 4.69% over the past month. This has outpaced the Retail-Wholesale sector's gain of 1.86% and the S&P 500's gain of 3.36% in that time.Investors will be eagerly watching for the per ...

Walmart Inc. shares rose 1% in the extended session Tuesday after the retail giant announced a 3-for-1 stock split. The decision is part of Walmart’s WMT, +0.33% “ongoing review of optimal trading and spread levels and its desire for its associates to feel that purchasing shares is easily within reach,” the company said. As of late Tuesday, Walmart’s stock ranked as the 175th-highest in price, and was the 17th-largest Dow Jones Industrial Average DJIA component. Based the new split-adjusted price, it would ...

BENTONVILLE, Ark.--(BUSINESS WIRE)--Walmart Inc. (NYSE: WMT) announced that it will conduct a split of its outstanding shares of common stock at a ratio of 3:1.​ The stock split is part of Walmart’s ongoing review of optimal trading and spread levels and its desire for its associates to feel that purchasing shares is easily within reach. More than 400,000 associates participate in Walmart’s Associate Stock Purchase Plan today, which allows eligible associates to buy stock conveniently through payroll deduct ...

Walmart announced a three-for-one stock split on Tuesday as the retailer's shares sit just below their all-time high.The company said the additional shares will be payable after the market closes on Feb. 23, to shareholders of record as of the previous day. Walmart's stock will start trading on a post-split basis on Feb. 26.Walmart shares rose about 1% in extended trading.This is breaking news. Please check back for updates. ...

Walmart is expanding its use of augmented and virtual reality technology to include eyewear.The world’s largest retailer’s new offering, announced Tuesday (Jan. 30), comes at a time when consumers are seeking virtual reality (VR) experiences that mirror brick-and-mortar shopping.Walmart already uses augmented reality (AR) and VR to help its customers get a better, virtual, idea of how beauty, fashion and home items would look in the real world.Now, Walmart said it plans to expand this offering to help shopp ...

Walmart is increasing compensation for its superstore managers by boosting bonuses and adding stock grants that will boost the total compensation package for the highest-paid managers to over $400,000 annually, according to a report by the Wall Street Journal. Superstore managers at Walmart aren’t required to hold college degrees and may work their way up the corporate ladder from entry-level jobs at the retail giant — making the managerial role a lucrative career path for workers who may not have gone to c ...

Walmart is further sweetening the perks for its US store managers as the nation’s largest retailer and private employer seeks to retain its leaders and attract new ones in a still competitive job market.Walmart, which is based in Bentonville, Ark., and has almost 4,700 US namesake stores, said Monday that starting with the company’s new fiscal year, which begins Thursday, store managers will receive up to $20,000 in Walmart stock grants every year.Walmart shares have risen 15% in the past 52 weeks, with th ...