walmart

Amazon aims to open as many as 1,500 small warehouses across the US — many of them in suburban locations — as it raises the stakes in its battle against Walmart, according to report. The Seattle-based retail giant was caught flat-footed during the pandemic, when it couldn’t keep up with demand for basic items like …

Walmart will use drones to deliver health products as it looks to take on Amazon in the skies. The nation’s largest retailer plans to start testing on-demand deliveries of health and wellness items early next year in partnership with Zipline, which already operates drones in Africa, the company announced Monday. The test flights will take …

Walmart says it is still pursuing a deal with TikTok even though its bidding partner, Microsoft, is out of the race to acquire the popular app. America’s biggest retailer confirmed its continued interest in the video-sharing platform Sunday as Microsoft revealed TikTok parent ByteDance had rejected its offer. The Beijing-based firm has instead chosen California-based …

TikTok’s Beijing-based parent company is reportedly in talks with the US government about a possible deal to avoid an outright sale of the popular app’s US operations. ByteDance and top US officials are negotiating possible arrangements that would allow it to maintain some ownership stake in TikTok while still satisfying the US’s demand that China …

Walmart — playing catch-up with Amazon in the high-tech delivery space — said it has begun testing drones to deliver groceries and other household goods. The Arkansas-based retail giant said Wednesday it has launched a pilot in Fayetteville, North Carolina with drone company Flytrex to deliver select grocery items and household essential items. Walmart’s announcement …

The hotly-anticipated sale of TikTok to an American company is reportedly on hold as parties try to figure out if the app’s secret sauce algorithm will be included in the deal. The mega-popular video app was expected to be acquired as soon as this week, likely by a tag team of Microsoft and Walmart or …

Walmart rolled out a new subscription service Tuesday offering free shipping for online orders, in its latest move to compete with Amazon. The service, dubbed Walmart+, will deliver more than 160,000 items to subscribers’ homes as fast as the same day for $98 a year or $12.95 a month starting Sept. 15. Members will also …

Walmart is reportedly entering the fray to acquire popular video app TikTok, and is willing to partner with Microsoft to pull off the deal. The retail juggernaut confirmed its interest in the social media platform to CNBC Thursday morning, saying that the “way TikTok has integrated e-commerce and advertising capabilities in other markets is a …

Walmart said its online sales nearly doubled as locked-down consumers armed with stimulus checks stocked up on everything from milk to clothing during the pandemic. The world’s biggest retailer’s online sales spiked 97 percent in the most recent quarter ended July 31, with customers increasingly picking up their web-ordered groceries in the store parking lot, …

In the ultimate meeting of highbrow and lowbrow, the esteemed Tribeca Film Festival’s parent company has paired with Walmart to offer pandemic-weary Americans a series of free drive-in movies in the corporation’s parking lots nationwide. Drew Barrymore will host virtually. Between Aug. 14 and Oct. 21, the Walmart Drive-in experience will bring movie nights to …