Walmart

Retail
Walmart Supports Tornado, Flood Relief Efforts

In response to the floods and tornados that have continued to impact midwestern and southern states, including Alabama, Arkansas, Georgia, Iowa, Kansas, Missouri, Nebraska, Oklahoma, South Dakota and Texas, Walmart has stepped up its disaster relief efforts. 

Retail
Walmart Readies Texas Store Improvements

As part of a national innovation expansion strategy, Walmart expects to spend an estimated $264.9 million this year in Texas through the remodeling of 54 stores, as well as the launch and continued expansion of several customer-focused services.

Retail
Walmart Acquires Startup Aspectiva

Walmart has acquired Aspectiva, an Israeli-based startup, for an undisclosed sum. As part of the acquisition, Aspectiva will be joining Walmart’s Store No. 8, the incubation arm launched by the retailer.

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.

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