Walmart Worker Turns Herself In To Police After Accepting $1,000 In Movie Prop Cash

Walmart Worker Turns Herself In To Police After Accepting $1,000 In Movie Prop Cash

When a movie or TV show needs stacks of cash for a scene, they don’t usually withdraw millions from the bank and hope no one walks away with it. Instead, they use prop money that will pass for the real thing on camera, but that any cashier with eyes would immediately notice is fake. So when some Walmart shoppers in Georgia managed to buy $1,000 of stuff with fake movie money, police were suspicious about the cashier’s involvement. [More]

Nicholas Eckhart

Walmart, Home Depot Relying More On Physical Stores To Complete Online Orders

Walmart’s recent $3 billion acquisition of e-commerce company Jet.com may have been the retailer’s way of spurring its online business, but the largest retailer in the world has already been mingling its physical stores with its online presence. Much like fellow big box store, Home Depot, Walmart has increasingly used its vast network of stores to fulfill online purchases.  [More]

Mike Mozart

Now Walmart’s Investigating The Sheet Manufacturer That Target Ditched

Days after Target terminated its relationship with one of the world’s biggest textile manufacturers after finding the company supplied the retailer with nearly a million sheet sets labeled as “Egyptian Cotton” that were actually made from non-Egyptian cotton, Walmart says it’s reviewing Welspun India’s records and cotton certifications.  [More]

Mike Mozart

What Should Walmart Do Now That It’s Landed Jet.com?

It’s no secret why Walmart bought Jet.com for $3 billion: the company’s e-commerce know-howo and experienced could be the key to the brick-and-mortar retailer’s plans of catching up with Amazon, finally, after all these years. But now that the honeymoon is over, it’s time to look at how, exactly, this marriage will work. [More]

Patrick

Target Shoppers Aren’t ‘Cautious,’ They’re Shopping At Walmart

This week, both Target and Walmart released their quarterly financial results. Based on the results and executives’ comments on those reults, it’s almost like they’re from two different quarters or years entirely, or at least not from two discount stores that are generally close competitors. Maybe it’s not that shoppers are clutching their wallets or spending on home renovations instead of everyday home goods, a Target speculated. Maybe Target’s shoppers are just heading to Walmart more often. [More]

Daniel Oines

9 Things We Learned About Walmart’s Relationships With Local Police

Walmart just shared its quarterly results with investors and with the world, and its sales and profits are up. Great news! Only a lot of the chain’s profits have come because of aggressive cost-cutting, and its cutbacks in security have meant increases in petty and violent crimes that can be a burden on local law enforcement. [More]

Richelle Stewart

Monkey Gets Loose In Walmart Parking Lot, Throws Down With Employee

What happens when a monkey gets loose in a Walmart parking lot and jumps a store employee? Someone catches the whole thing on video, that’s what happens, and the Internet goes crazy.

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Two Reasons Target Is Having Trouble Selling Groceries

Steve

Following the crash of the housing market nearly ten years ago, some big box stores that had previously only dabbled in groceries started to give over more floor space to fresh and frozen foods. Walmart shoppers took to the idea of buying their food in the same store they purchase their TV, cleaning supplies, underwear, sporting goods, and just about anything else. Across the parking lot at Target, things aren’t as rosy. [More]

Mike Mozart

Walmart Acquisition Could Mean Most Jet Customers Have To Pay Sales Tax

E-commerce companies don’t have to collect sales tax from customers who live in states where they have no physical presence, which could be anything from their headquarters to a distribution center. That’s been one of the advantages that Jet has had in the marketplace over its chief rival Amazon, which has facilities in 28 states, including the most populous ones. Jet customers in most states don’t have to pay sales tax. However, that could change soon, after Walmart’s acquisition of the young e-commerce company. [More]

Walmart To Stop Price Matching Of Local Competitors’ Ads At 300 Additional Stores

Walmart To Stop Price Matching Of Local Competitors’ Ads At 300 Additional Stores

Back in May, Walmart announced that 500 of its stores in the U.S. would stop in-store price matching ads from local competitors. Despite assurances that it had no plans to expand its no-price-matching policy, the retailer has quietly ditched the service at 300 additional stores.  [More]

NBC 4

NY Police Discover Meth Lab Underneath Walmart Parking Lot

Unlike scientific laboratories, meth labs are always popping up where you least expect them, probably because they’re very illegal. For example, in a Walmart bathroom in Indiana, or more recently, nestled underneath a Walmart parking lot in New York. [More]

Mike Mozart

Walmart CEO Explains Why Company Spent $3 Billion On Money-Losing Jet

When the CEOs of Walmart and of Jet met for the first time, they fell in corporate love. The two men couldn’t stop envisioning the future of their companies together, sketching out their dreams of combining Walmart’s inventory and supplier relationships and Jet’s e-commerce algorithm. The companies announced their engagement this week, and Walmart CEO Doug McMillon explained what it was he ever saw in the startup, which has barely been selling to the public for a year. [More]

Mike Mozart

Winner Of The Jet Signup Contest Spent $18K On Ads, Prize Now Worth Millions

Back at the beginning of 2015, before it launched to the public, e-commerce site Jet used a contest to encourage people to refer others to the site. The winner was a Pennsylvania man who spent $18,000 on online ads, recruiting new Jet users through sites like Facebook and Swagbucks. He received 100,000 shares in the company, which he couldn’t cash in until the company went public or were sold. Today, the company announced that Walmart acquired it for $3.3 billion. [More]

Swarm Of Bees Gets Loose In Parking Lot Of Walmart, Sends 3 Customers To Hospital

Swarm Of Bees Gets Loose In Parking Lot Of Walmart, Sends 3 Customers To Hospital

The Oklahoma Walmart Bee Invasion began with a routine transaction. No, Walmart isn’t selling bees now: two beekeepers met up in the store’s parking lot to complete the sale of three hives of around 10,000 bees each in a public place. Instead, the bees got loose, stinging people in the parking lot. Three people had severe enough problems that they were transported to the hospital. [More]

Mike Mozart

Walmart Officially Acquiring Jet.com For $3 Billion

It looks like last week’s rumor mill was right on the money: this morning, Walmart has officially announced its plan to buy Jet.com.

[More]

Patrick

Walmart Customers Report Barrage Of Password Reset Requests

Getting an email from a retailer telling you to reset your password because you may have been the victim of a data breach is alarming enough. Imagine you’re one of the Walmart.com shoppers who say they have received dozens of emails directing them to reset their login credentials.
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Mike Mozart

Report: Walmart In Talks To Buy Jet.com

Just a year after it launched, Amazon challenger and fellow e-commerce site Jet.com could soon become the property of one of the largest bricks-and-mortar retailers in the world: Walmart.  [More]

Soon Koon

Walmart Employees Charged With Manslaughter In February Death Of Shoplifting Suspect

How seriously should retailers take loss prevention? Back in February, a Florida man in his 60s filled a cart with DVDs in the wee hours of the morning, What was different from most incidents was that store employees chased him and pinned him to the ground until police arrived. He was later pronounced dead at the hospital, and police are done investigating the incident, charging the three employees who chased and restrained him with manslaughter. [More]