The Business Times

Walmart

Global Enterprise

Walmart on path to trillion-dollar status after OpenAI alliance

Walmart has been leaning heavily into AI across its entire operation, rolling out tools for employees, suppliers and shoppers.
Telcos, Media & Tech

Walmart partners with OpenAI to offer shopping on ChatGPT

In May, Walmart warned of price increases due to higher tariffs, saying it might not be able to absorb all additional pressures.
Companies & Markets

Walmart expects better sales, earnings as shoppers squeezed by tariffs

Big-box retailer Walmart’s quarterly results did little to lift sentiment at Thursday's open.
Companies & Markets

US: Wall Street opens lower as investors brace for Fed meet; Walmart slides

Walmart has posted strong sales growth in recent years as consumers keep prioritising groceries and other essentials.
Consumer & Healthcare

Walmart eliminates hundreds of store-support and training jobs

Walmart acts as an agent for money transfers by companies such as MoneyGram, Ria and Western Union.
Consumer & Healthcare

Walmart to pay US$10 million to settle US FTC lawsuit over money transfer fraud

Walmart has performed better than its competitors in recent quarters, but warned that prices are poised to rise due to higher tariffs.
Companies & Markets

Walmart eliminates about 1,500 jobs on technology team

During its earnings call last week, Walmart CEO McMillon also said he wanted to expand the company’s operating profit faster than sales.
Opinion & Features
THE BOTTOM LINE

Walmart needs to remember who has the real power

Walmart on Thursday warned as it reported quarterly earnings that at least some of US President Donald Trump’s tariffs would be passed onto consumers, with price hikes becoming more noticeable in the coming weeks.
International

Bessent calls Walmart CEO after Trump lashes out over price hikes

US shoppers will start to see prices rise at the end of May and certainly in June, Walmart‘s chief financial officer John David Rainey said in a CNBC interview.
Companies & Markets

Walmart shoppers to face price hikes as Trump tariffs hit

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