The Latest Breaking News from Walmart Inc

China's recent lockdown looks to hamper the online order delivery of global e-commerce firms like Amazon.com Inc (NASDAQ:AMZN) and Walmart Inc (NYSE:WMT), Bloomberg reports. China had to initiate lockdowns and restrictions in its crucial manufacturing hubs like Shenzhen and Dongguan following a Covid-19 resurgence. Related Content: China Restricts Activities In Shenzhen, Shanghai Following Covid-19 Resurgence The…

Splash Beverage Group Inc (NYSE:SBEV) revealed expansion of its existing agreement with AB ONE, the wholly-owned distribution network of Anheuser-Busch InBev (NYSE:BUD), to include AB ONE SoCal (Southern California). Southern California is AB ONE's largest single market in the U.S. and covers an area with a population of more than 20 million through national…

Affirm Holdings Inc (NASDAQ:AFRM) CEO Max Levchin, and CFO Michael Linford joined the firm's TMT Conference, Morgan Stanley analyst James Faucette noted. Affirm's partnerships with Amazon.com Inc (NASDAQ:AMZN), Walmart Inc (NYSE:WMT), and Shopify Inc (NYSE:SHOP) supported his view that these partnerships can bring meaningful upside to GMV and revenue. Faucette also gained conviction on Affirm's long-term demographic opportunity within financial…

Walmart Inc (NYSE:WMT) plans to expand its Baytown, Texas supply chain campus with a new one million-plus square-foot distribution center. The new facility, located at 4633 Borusan Road, is the retailer's fourth in Baytown and is set to open in the Fall of 2022. The expansion is expected to create an additional…

Twitter Inc's (NYSE:TWTR) Twitter Shops tool will help businesses promote up to 50 products in a digital catalog attached to their profile, Bloomberg reports.  The beta test for Twitter Shops will be available for select businesses in the U.S. and visible to people using the Twitter iPhone app, Reuters reports. In recent months,…

In late February, Amazon.com Inc (NASDAQ:AMZN) informed its U.S. gig workers who fetch delivery items would become its Whole Foods division's employees with more extended shifts, CNBC reports.  Whole Foods' recent job post disclosed that the schedules would be made three weeks in advance and cover two-week periods.  The job post contradicted Amazon…

Walmart Inc (NYSE:WMT) plans to build a new fulfillment center in southern Pennsylvania to support its supply chain network and eCommerce capabilities. The 1.8 million-square-foot Shippensburg facility, slated to open in 2022 spring, will create up to 600 permanent, full-time jobs in the region. The fulfillment centers are focused on storing millions of…

Amazon.com Inc (NASDAQ:AMZN) had confidentially acquired Veeqo in November. The financial terms of the transaction remain undisclosed. Octopus Ventures, an investor in Veeqo, confirmed the deal. Veeqo makes tools to help online businesses sell products on and off Amazon. Amazon, which likely accounts for ~40% of the nation’s e-commerce sales, has long been pursuing…

Walmart Inc (NYSE:WMT) has introduced a low price fee on money transfers for its customers to Mexico. Customers can now send money from any Walmart store in the U.S. to any Walmart store in Mexico for as little as $2.50 per transaction through the Walmart2Walmart money transfer program, powered by Ria Money Transfer.…

It appears one of the world's top retailers, Walmart Inc (NYSE: WMT), is making moves to improve its e-commerce business after the company on Wednesday introduced a new and innovative shopping experience that makes it easier for customers to shop for clothes onl

Walmart Inc's (NYSE:WMT) short percent of float has risen 20.99% since its last report. The company recently reported that it has 14.20 million shares sold short, which is 0.98% of all regular shares that are available for trading.