Walmart poaches Goldman honchos to run financial arm Ribbit Capital

Walmart poaches Goldman honchos to run financial arm Ribbit Capital

By Christy Gren - Mar 01, 2021

Walmart Inc. has lured two Goldman Sachs top executives to run its fintech startup floated in conjunction with Ribbit Capital. Omer Ismail, the head of Goldman’s consumer ban

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Walmart gets rid of inventory robots, says human as good

Walmart gets rid of inventory robots, says human as good

By Christy Gren - Nov 04, 2020

Humans seem to be keeping up with the robots in stocking shelves and tracking inventories in Walmart, forcing it to take a relook.

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Asda acquisition to cost Issa brothers $8.7 billion

Asda acquisition to cost Issa brothers $8.7 billion

By Christy Gren - Oct 02, 2020

Asda acquisition by Issa brothers and TDR Capital marks the return of grocer to majority UK ownership for the first time in two decades.

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Walmart to use drones for 1-hour delivery

Walmart to use drones for 1-hour delivery

By Anna Domanska - Sep 14, 2020

Conglomerate Walmart to opt for drone delivery for faster 1-hour deliveries; testing process in North Carolina.

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Walmart’s vested interest in India’s e-retail pioneer

Walmart’s vested interest in India’s e-retail pioneer

By Christy Gren - Jul 15, 2020

Walmart has increased its stake in Flipkart with an additional equity-based investment round, reflecting the increasing shift that all major tech companies are making towards India

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Amazon and Walmart could struggle with new e-commerce ruling in India

Amazon and Walmart could struggle with new e-commerce ruling in India

By Anna Domanska - Dec 27, 2018

Amazon and Walmart will sort for new ways of growing their business in India after the country’s government announced new regulations that could thwart their efforts using the ex

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Ford is teaming up with Walmart to test grocery delivery service with self-driving vehicles

Ford is teaming up with Walmart to test grocery delivery service with self-driving vehicles

By Anna Domanska - Nov 15, 2018

Ford Motors is partnering with retail chain Walmart and delivery service Postmates to design a service for delivering goods like groceries using self-driving vehicles, the automake

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Toys ‘R’ Us Liquidation Opens New Fight For Retailers

Toys ‘R’ Us Liquidation Opens New Fight For Retailers

By Anna Domanska - Nov 14, 2018

The nation’s toy aisles are shaping up for the season as brick-and-mortar retailers cease every front, fighting for customers. Toys ‘R’ Us liquidation has opened new opportun

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Amazon and Walmart Battle It Out in India

Amazon and Walmart Battle It Out in India

By Carrie Ann - Sep 23, 2018

Over the recent weeks, the Indian e-commerce sector seems to have turned into a giant battlefield for behemoths Walmart and Amazon. The opportunities presented by one of the world

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