Category Archives: Walmart News

Walmart Sustainability Initiative & Suppliers

Author: Brandie Neagles

To kick off the new season, Neile Jones talks with Walmart and several suppliers about sustainability. Topics include Walmart’s sustainability efforts, expectations for their supplier partners, and how Walmart measures success – as well as the resources available to guide suppliers toward a more sustainable supply chain. Three examples of successful, sustainable suppliers are Tyson, Eco-Vet Furniture, and KYYA Chocolate. Guests…

Charitable Giving: The Heart of Business in Northwest Arkansas

Author: 8th and Walton

Anyone can tell you that the people of Northwest Arkansas are generous people, helping out their neighbors and sharing with those in need. Walmart and the Walmart supplier community are steeped in this tradition. Now, with Giving Tuesday following Cyber Monday, we have our local nonprofits on our mind even more than usual. Suppliers and individuals who need to make donations…

The Least Respected Retailers?

Author: 8th and Walton

Tenet has come out with their annual list of the most and least respected companies in the United States, and six of the ten least respected companies are retailers. Here are the retailers that don’t get no respect: Big Lots Rite Aid JCPenney Best Buy Foot Locker CVS Health The 10,000+ people surveyed in this long-running yearly check up on respect…

Walmart Testing Drones

Author: 8th and Walton

Walmart has applied for permission from the Federal Aviation Administration to use drones commercially. Hobbyist drones aren’t generally allowed to be used for commercial purposes outdoors, but companies can apply for permission, as Amazon did. The FAA is expecting to loosen regulations next year. Walmart says the drones have already been used internally (help with checking inventory was hinted at, as…

Walmart Defends Strategic Decisions

Author: 8th and Walton

“These are exciting times in retail given the pace and magnitude of change. We have strengths and assets to build on and are making progress to position the company for the future,” said Doug McMillon president and CEO, Wal-Mart Stores, Inc.  “Our investments in our people, our stores and our digital capabilities and e-commerce business are the right ones.” McMillon is…

Walmart’s Investments

Author: 8th and Walton

Walmart’s stock took a tumble, but the news may not be bad for suppliers. The L.A. Times said that, “Walmart’s price action provides a fascinating glimpse in action of Wall Street’s fixation on short-term results.” When Walmart announced that it would be investing in long-term growth and improvements, stock prices fell by 10%. But Walmart’s investments are smart choices. They’re investing…

Latest Walmart Tech Innovation: OneOps

Author: 8th and Walton

Walmart is a technology company, so they often have new tech innovations to talk about. The latest is an open-source cloud solution. Open-source refers to technologies that are not privately owned, but are available for use by developers everywhere. WordPress, the content management system that powers one quarter of the world’s websites, is one example. Everyone can use it freely. Manufacturing…

Chemical Safety Changes Directions

Author: 8th and Walton

Once upon a time, retailers were the agents of manufacturers. Manufacturers created products and sold them to retailers, who sold them to consumers, the downstream recipients of the system. Now, consumers tell retailers what they want, both intentionally and through their participation in data collection largely controlled by retailers, and retailers pass the consumer’s voice along to the manufacturer, pressing demands…

Walmart Leads the Way on EMV

Author: 8th and Walton

EMV, the new standard for credit card safety, has been the norm in Europe for a while, and it became the official required standard in U.S. retailing on October 1st. We’re talking about a tiny chip that will replace the magnetic strip on credit cards. It’s harder to copy, it randomizes the code it uses so that it’s impossible to capture…

Walmart’s Community Effect

Author: 8th and Walton

Any large company faces controversy, and Walmart, which would be larger than Norway if it were a country, has certainly faced its share. One of the areas that garners plenty of headlines is the effect Walmart has on communities. Reading some commentaries would lead you to believe that communities look like Disney’s Main Street USA before Walmart arrives, and quickly turn…