Walmart Canceled 'Billions of Dollars' in Orders to Fight Overstock
Walmart announced in quarterly earnings that it has cut orders from suppliers to help sift through inventory. Analysts say it's an unprecedented move.
Source: businessinsider.com
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Walmart Tests Robotic Mobile Vending Machine by Tortoise
Tortoise's first large-scale national retailer partnership is with Walmart. Its cofounder said retailers hoped to recapture impulse-buy sales.
Source: businessinsider.com
Walmart Is Facing Inflation, Overstock, and Overstaffing
Walmart CEO Doug McMillon previously sounded the alarm for investors on issues around overstaffing and inflation.
Source: businessinsider.com
Walmart Has Reportedly Laid Off 200 Corporate Workers
The Wall Street Journal reported that the Bentonville, Arkansas-based retailer has laid off around 200 corporate workers.
Source: businessinsider.com
How Walmart Is Dealing With Inventory-Overstocking Issues
Today we're kicking things off with a look at Walmart's excessive-inventory issues, then a look at return-to-office orders, a bitcoin mission, and more.
Source: businessinsider.com