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Walmart Forms Company To Sell Insurance Amid Healthcare Push

PYMNTS

The business’ moniker was initially filed late last month in Arkansas with the secretary of state, MedCityNews reported. The retailer has also formed a collaboration with an upstart called Capital Rx that offers current information on prescription prices.

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Walmart Eyes Robo-Vans For Warehouses

PYMNTS

Walmart spokeswoman Molly Blakeman told CNBC the retailer is working with partner Gatik , a self-driving vehicle startup, to test out a self-driving vehicle that will travel the two-mile route in Bentonville, Arkansas between two stores. “We This fills a big gap in the market.”. Earlier this month, Walmart’s U.S.

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Walmart’s New Subscription Service Aims To Compete With Amazon Prime

PYMNTS

Now, with the pandemic still surging, Walmart hopes to capitalize on the new need for eCommerce sales. And while Walmart claims a larger stake in the grocery business than Amazon, the long-standing Arkansas-based retailer fears that Amazon could encroach on that side of the market as people shift to digital during the pandemic.

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Walmart Divests Of Shoes.com, Bare Necessities Brands As Part Of Digital Streamlining

PYMNTS

27) that the Arkansas-based retail giant is scrapping Shoes.com and Bare Necessities, the intimate apparel brand. Bloomberg reported Thursday (Aug.

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Southern Bancorp is building wealth for everyone

Independent Banker

Darrin Williams, an attorney and former Arkansas state representative, wasn’t interested when Southern Bancorp, Inc. Traditionally, community banks have supported CDFIs through making charitable contributions, providing loan capital to CDFI loan funds or, at the highest range, making an equity investment in a CDFI. By Judith Sears.

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Retail Pulse: Walmart Tests ‘Great Workplace,’ Sainsbury’s Opens Cashierless Store

PYMNTS

The company is testing its workplace program at mainly smaller supercenters along with the company’s Neighborhood Markets. At the same time, it was reported that Walmart plans to employ $11 billion in capital expenditures this year. billion for its stores in comparison to $1.63 billion in the year prior. Louis, Tampa and New York.

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Walmart Bot Strategy Is Not To Use Them

PYMNTS

The company is about to dump millions into tech upgrades, but the real investment it’s making is in human capital. When the discount department store exploded on the market in the 1990s, three decades after its inception by Sam Walton, it played a major role in shaping the retail market for many years to follow.

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