Tag: Walmart Inc

More hours, pay and flexibility: What Target’s holiday hiring plans say about the labor market for retailers

Target said Thursday that it is taking a different staffing approach this holiday season as it gears up for a rush of shoppers at stores and on its website: It will trim back seasonal hires and give more hours to existing employees. In all, the discounter said it expects current store staff — about 300,000 […]

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Ford, Walmart and Argo AI team up to launch autonomous vehicle delivery service

Self-driving startup Argo AI, automaker Ford Motor Co and Walmart Inc will together launch an autonomous vehicle delivery service in Miami, Austin, and Washington, D.C, the companies said on Wednesday. Initial integration testing is expected to begin later this year, the companies added.The move comes as consumer expectations shift to next-day or same-day delivery, particularly […]

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Walmart to test self-driving cars in multiple cities with Ford and Argo AI

Ford Motor plans to launch its self-driving vehicle businesses in 2022 with vehicles based on its Escape Hybrid crossover. Ford Walmart is expanding its self-driving vehicle program to include Ford Motor and Argo AI, an autonomous car start-up backed by the automaker. The companies said Wednesday that the collaboration will use Ford Escape hybrids with […]

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Litecoin hoax highlights crypto market vulnerable to scams: ‘Walmart has no relationship with litecoin,’ says big box retailer

An earlier version of this article incorrectly stated John Wu’s affiliation with Ava Labs, where he is president. Ava Labs was founded by a group including Emin Gün Sirer. Fake news appeared to give holders of virtual currencies very real agita on Monday, as a hoax news release sent litecoin briefly soaring before crumbling back […]

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Walmart should be under tighter scrutiny because of wrongful firing of employee with Down syndrome, EEOC says

Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey. Walmart saw its profits jump in latest quarter as e-commerce sales surged during the coronavirus pandemic. VIEW press | Corbis News | Getty Images A jury found Walmart broke the law when it fired a longtime employee with Down syndrome. […]

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Affirm shares soar on news of Amazon partnership for buy now, pay later

Amazon is getting into the buy now, pay later space. The e-commerce giant is partnering with Affirm for its first-ever installment payments option on the popular e-commerce site. Affirm’s buy now, pay later checkout option will be available to certain Amazon customers in the U.S. starting Friday with a broader rollout in the coming months, […]

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Walmart launches delivery business to connect other local retailers with consumers

Walmart on Tuesday announced the launch of a delivery service called GoLocal, which will carry goods from other local retailers to consumers. The company said it expects to begin shipping by the end of 2021 and that the delivery fleet would include newer technologies, such as self-driving vehicles and drones. “It’s about bringing the capabilities […]

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Microsoft, Google and other U.S. companies ask employees to get vaccinated before returning to work

With the recent rise of the Delta variant, many major American companies are now requiring full-time employees to get vaccinated before returning to the office. In the past few weeks, more companies have announced plans to mandate COVID-19 vaccinations for employees who are working at in-person offices. Cases for the novel coronavirus continue to rise […]

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Square’s Afterpay acquisition proves Jamie Dimon is right to fear ‘increasingly smaller role’ of Wall Street

Afterpay’s buy now, pay later platform allows users to stagger the cost of purchases up to $1,500. Afterpay BNPL — it’s the latest series of letters taking Wall Street by storm. But what does it mean? And why are consumers raving over it? Like layaway plans of old that are now called point-of-sale loans, BNPL […]

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