Remove Arkansas Remove Capital Remove Online Remove Retail
article thumbnail

Gatik Partners With Walmart For Autonomous Vehicle Deliveries

PYMNTS

People in Arkansas can now get groceries delivered via a new Walmart pilot with Gatik using self-driving cars that include a human safety driver behind the wheel. million in seed funding in June led by Innovation Endeavors, with Dynamo Venture Capital, AngelPad, Fontinalis Partners and Trucks Venture Capital also participating.

Arkansas 124
article thumbnail

Walmart Partners With Gatim To Deliver Orders With Self-driving Cars

PYMNTS

People in Arkansas can now get groceries delivered with a new Walmart pilot with Gatik using self-driving cars that include a human safety driver behind the wheel. million in seed funding in June led by Innovation Endeavors, with Dynamo Venture Capital, AngelPad, Fontinalis Partners and Trucks Venture Capital also participating.

Arkansas 123
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

PYMNTS

Walmart is selling two of its online brands in a continuing goal to concentrate on its website. 27) that the Arkansas-based retail giant is scrapping Shoes.com and Bare Necessities, the intimate apparel brand. Bloomberg reported Thursday (Aug. operation in Culver City, California. comparable store sales increase of 9.3

article thumbnail

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

PYMNTS

Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart , for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. At the same time, it was reported that Walmart plans to employ $11 billion in capital expenditures this year.

Retail 100
article thumbnail

Whole Paycheck Tracker: Amazon Goes Off The Charts; Walmart Announces Layoffs

PYMNTS

The company almost doubled its revenue and profit numbers while spending more than $9 billion on capital improvement projects. Online grocery sales tripled. Other capital expenditures went to fulfillment, transportation and investments in Amazon Web Services (AWS). billion compared with $36 billion for Q2 2019.

Arkansas 143
article thumbnail

Why Voice Authentication’s Doing Prison Time

PYMNTS

What eventually becomes cutting-edge in retail and payments often originates in places that are dedicated to security, not commerce. Those efforts come as voice-assistant and voice-activated technologies — different, of course, from voice-print biometrics — are having a moment in the retail spotlight. Voice-Print Efforts.

Fraud 161
article thumbnail

Walmart Bot Strategy Is Not To Use Them

PYMNTS

They say robots could replace as many as 38 percent of retail workers in the next 10 years, starting with cashiers. The company is about to dump millions into tech upgrades, but the real investment it’s making is in human capital. Not so for Walmart employees. We will be people-led and tech-empowered.”.

Strategy 109