Remove Arkansas Remove Innovation Remove Online Remove Retail
article thumbnail

Walmart Reduces Corporate Workforce With Layoffs

PYMNTS

Walmart has reduced its workforce by laying off hundreds in its logistics, real estate and retail location planning divisions as it simplifies its business and reduces its expenses, Bloomberg reported, citing unnamed sources. Our goal is to deliver that experience while increasing innovation, speed and productivity,” she continued.

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
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 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
article thumbnail

Walmart Pushes Digital Innovation During Investor Day

PYMNTS

Doug McMillon started his presentation for Walmart’s annual investor meeting in Bentonville, Arkansas by saying he wanted to “challenge your thinking about Walmart.” ” “We are getting to reimagine retail and our business … expect us to test a lot and fail a lot,” he said. to $4.80, down from $4.90

article thumbnail

Grocery Roundup: Walmart, Tesco Meet The New Digital Consumers

PYMNTS

percent of grocery shoppers are ordering groceries online to be delivered at home more now than they did before the pandemic began, while 21 percent are ordering grocery for curbside pickup more than before, and 11.9 percent are ordering groceries online to be picked up in-store more than they did before. Our research shows 22.7

Meeting 165
article thumbnail

What banks can learn from Wal-Mart

Chris Skinner

A recent acquisition spree including Jet.com gives the retail giant much-needed digital chops by Brad Stone and Matthew Boyle from Bloomberg Business Week Last summer, Marc Lore, founder and chief executive officer of e-commerce startup Jet.com Inc., AMAZON IS DOMINATING” reads a slide on a large screen behind him.

Omaha 277
article thumbnail

FedEx Mini-Stores Coming To 500 Walmart Stores

PYMNTS

FedEx is coming to Walmart in the form of internal shops that will help customers print, pack and ship out of 500 of the retailer’s locations nationwide. The tie-in will reduce some friction for both in handling the last-mile element of online sales. Retailers are looking at all the tools at their disposal,” Philips said.