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]
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Monkey Gets Loose In Walmart Parking Lot, Throws Down With Employee
By 8.16.16
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. [More]
Two Reasons Target Is Having Trouble Selling Groceries
By 8.15.16
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]
Walmart Acquisition Could Mean Most Jet Customers Have To Pay Sales Tax
By 8.11.16
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
By 8.10.16
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]
NY Police Discover Meth Lab Underneath Walmart Parking Lot
By 8.9.16
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]
Walmart CEO Explains Why Company Spent $3 Billion On Money-Losing Jet
By 8.9.16
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]
Winner Of The Jet Signup Contest Spent $18K On Ads, Prize Now Worth Millions
By 8.8.16
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
By 8.8.16
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]
Walmart Officially Acquiring Jet.com For $3 Billion
By 8.8.16
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]
Walmart Customers Report Barrage Of Password Reset Requests
By 8.5.16
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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Report: Walmart In Talks To Buy Jet.com
By 8.3.16
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]
Walmart Employees Charged With Manslaughter In February Death Of Shoplifting Suspect
By 8.3.16
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]
Raiders Of The Lost Walmart Will Administer Antibiotics To Your Windows Vista PC Now
By 8.2.16
The Raiders of the Lost Walmart are the brave mall explorers who scour the nation’s clearance racks for the most comically overpriced retail antiquities. Here are some of their latest discoveries. [More]
Dogs Left In Running Car Shift It Into Drive, Plow Into A Walmart
By 8.1.16
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]
Dollar General Buys 41 Closed Walmart Express Store Locations
By 7.28.16
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]
Walmart Shoplifter Uses Scooter To Fight Off Employee, Make Getaway
By 7.26.16
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.
[More]
Man Arrested For Allegedly Planting Chemical Weapon At California Walmart
By 7.21.16
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]
