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]
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]
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]
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]
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.
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]
A dog owner in West Virginia did what she probably thought was the responsible thing while out with her pets, leaving them in the car with the engine running while she was inside Walmart. However, in one of the best arguments against automatic transmissions that we’ve ever seen, the dogs shifted the car and drove it very slowly into the outside of the store. [More]
Earlier this year, Walmart put an end to its Walmart Express experiment, shuttering all 102 of the smaller-format stores, some of which had been opened for less than a year. But not all of these locations will remain vacant, with Dollar General deciding to open up shop in dozens of former Express stores. [More]
Those electric scooters at Walmart aren’t just for shopping. They can also apparently be used to shoplift, shake off store employees, and make a clean, if slow, getaway.
A little more than a month after police in Oxnard, CA found a chemical weapon inside a Walmart store, officials say they’ve arrested a 31-year-old man accused of putting it there. [More]
Not every apple is a shiny, smooth round orb of deliciousness. Some come with little dents or a few off-colored spots, but that doesn’t make those pieces of produce any less delicious. Still, you might be hard pressed to find those imperfect apples, pears, tomatoes, peppers, and other fruits and vegetables at your local store. That’s about to change for some Walmart customers, though. [More]
Walmart has a huge amount of power over which products end up on the market. The mega-retailer is now encouraging suppliers to remove eight chemicals from their products. The substances aren’t banned, exactly, but suppliers will have to discolose their presence on any products containing them starting in two years. The list consisted of substances which may be harmful to people, to the environment, or to both. [More]
A few months ago, Walmart announced that it was bringing the greeter position back to all stores, and that the job in more busy locations would change. People standing at the doors would have more responsibilities in addition to greeting customers and checking receipts, and their new title would be “customer host,” with yellow vests to make them easier to spot. At least one longtime greeter reports that the change means that he lost his job. [More]