sams club

Retail
Walmart Bolsters Midwest, South Relief Efforts

With rain and flooding continuing and expected to worsen across much of the Midwest and South, and communities in Ohio, Kansas, Missouri, Indiana, and Texas still experiencing ongoing relief needs due to the recent outbreak of tornadoes, Walmart, Sam’s Club and Walmart.org have committed to double the support provided so far this spring, bringing the total commitment to $1 million.

Financials
Walmart Posts Big Fourth Quarter

Walmart net sales surpassed half a trillion dollars in its last-completed fiscal year as the company’s namesake business in the United States enjoyed a 3.6% comparable sales gain bolstered by a 4.2% comp increase in the fourth quarter.

Financials
Walmart Delivers Strong Comp Sales Growth In Q2

The Walmart U.S. business delivered the best quarterly comp sales results for the retailer in more than a decade during the second quarter. Walmart also highlighted new features in its home category online shopping platform as well as the expansion of its brand assortments. 

Retail
Walmart Increases Compensation, Cites Tax Reform

In what it characterized as a decision to share the benefits of a lower tax rate, Walmart is increasing the starting wage rate for all hourly associates in the U.S. to $11, expanding maternity and parental leave benefits and providing a one-time cash bonus for eligible associates of up to $1,000.

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