Tag: Walmart

Walmart to halt some bullet sales, including for handguns

NEW YORK: Walmart announced Tuesday it will halt sales of ammunition for handguns and some military-style rifles used in some hunting rifles, calling the status...

Walmart lifts profit forecast on strong US sales, limited tariff hit

NEW YORK: Walmart lifted its full-year profit forecast Thursday after better-than-expected results on solid US consumer spending, reflecting confidence that trade frictions will not significantly...

Walmart to keep selling guns despite recent shootings at its stores

NEW YORK: Despite two deadly shootings at its stores in less than a week, American retail giant Walmart has no plans to stop selling guns...

Walmart discussed selling clothing brands Bonobos and Modcloth

Walmart Inc has discussed the potential sale of its unprofitable clothing brands Bonobos and Modcloth with buyers, online news portal Vox reported on Wednesday, citing...

Walmart to invest $1.2bn in China to upgrade logistics

BEIJING: Walmart plans to invest 8 billion yuan ($1.2 billion) in China over the next 10 years to upgrade logistics, the US retail giant said...

Walmart aims to list minority stake in Japan unit Seiyu

TOKYO: Walmart said it aims to list its Japanese supermarket unit Seiyu while keeping a majority stake in the business, amid on-and-off speculation the U.S....

Walmart to pay $282 mn to settle US bribery probes: agency

NEW YORK: International retail giant Walmart agreed to pay $282 million to settle charges over potentially illegal payments to officials in Brazil, China, India and...

Mexico blamed Walmart’s size, access to rivals’ data in blocking app deal

MEXICO CITY: Mexican officials blocked Walmart Inc's deal to buy delivery app Cornershop because Walmart could not guarantee a level playing field for rival retailers,...

Walmart speeds up delivery in race with Amazon

SAN FRANCISCO: Retail colossus Walmart on Tuesday began offering free next-day deliveries of online purchases, aiming to counter rival Amazon in the race to get...

Amazon, Walmart trade barbs on taxes, wages

NEW YORK: The Amazon-Walmart battle for retail supremacy veered into a trash-talk phase on Thursday over worker pay and alleged tax shirking. Amazon was the provocateur...