PYMNTS
JUNE 20, 2019
Mexican antitrust regulators blocked Walmart’s plans to buy delivery app Cornershop, according to a report by Reuters. The deal was blocked, the report said, because the officials couldn’t guarantee that rival retailers would be able to compete. Because of that, regulators didn’t allow the deal to go through.
PYMNTS
AUGUST 27, 2020
27) that the Arkansas-based retail giant is scrapping Shoes.com and Bare Necessities, the intimate apparel brand. government regulators.”. Earlier this month, the mega retailer shared clues about its launch of Walmart+ , which is expected to compete with Amazon Prime. Bloomberg reported Thursday (Aug.
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PYMNTS
SEPTEMBER 17, 2018
Far from its headquarters in Bentonville, Arkansas, Walmart is seeking to deliver stronger omnichannel offerings internationally. The retailer recently announced that it was acquiring online marketplace Cornershop Inc., Through the service, consumers can order goods from pharmacies, supermarkets and specialty food retailers.
PYMNTS
JUNE 3, 2016
The retail giant said it is a mere six to nine months away from deploying drones for superior management of its warehouse inventories in the United States, Reuters reported. regulators sought permission for checking warehouse inventories, curbside pickup and home deliveries. Its application to U.S.
PYMNTS
JANUARY 9, 2017
In a panel that included the FAA’s Marke “Hoot” Gibson and Matt Hancock, Britain’s digital minister, Misener said that it would be best to have globally consistent commercial drone regulations, though variations between large regions — like between Europe and Asia — wouldn’t be problematic. Here in the U.S.,
PYMNTS
JUNE 30, 2016
Walmart wants to add $250 billion worth of Made in the USA products to its stores by 2023, an ambitious plan the retail giant says will add 1 million new American-based manufacturing and support jobs as well. Walmart held its fourth annual U.S. It turned out they flew off our shelves,” Sirkin said of the towels that were made in the USA.
PYMNTS
NOVEMBER 5, 2018
On Thursday morning, news broke that the nation’s largest retailer is suing its longtime credit card issuer, alleging breach of contract. District Court of the Western District of Arkansas on Thursday (Nov. A week or so ago, we reported that Synchrony no longer wanted Walmart’s business. In a suit filed in the U.S.
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