Myron Burke, principal of Wal-Mart Stores Inc.'s Store No. 8, pointed to the invention of the iPhone when he considered the mission of the Bentonville company's retail technology investment arm.
Wholesaler shifts focus to families
John Furner didn't wait for analysts and investors gathered at Wal-Mart Stores Inc.'s home office in Bentonville last Tuesday to ask the Sam's Club question.
One of the reasons behind Wal-Mart's $3.3 billion acquisition of Jet.com last year was the e-commerce website's "smart cart" technology, which is designed to give online shoppers more control over the price they pay for a basket of goods.
Wal-Mart Stores Inc. expects U.S. e-commerce sales growth of 40 percent in the next fiscal year and plans to open another 1,000 grocery pickup locations, continuing its push to challenge Amazon.com for retail sales by emphasizing the integration of its online and in-store businesses.
Wal-Mart Stores Inc. wants to make returns easier for customers and will roll out a new service across its 4,700 U.S. stores next month.
A Victorian-style house in downtown Bentonville that was being preserved and incorporated into a social and wellness club collapsed last weekend and will have to be razed.
Wal-Mart Stores Inc. has acquired Brooklyn, N.Y.-based delivery service Parcel Inc., taking another step in efforts to develop quicker ways to deliver packages and groceries to customers.
Jacob Lum had no idea someone else was in the room when co-workers told him Tuesday to turn around. So when Lum followed their instructions, he unexpectedly stood face to face with something terrifying: a scary clown clutching red balloons and a box of doughnuts.
Wal-Mart Stores Inc. is expanding and enhancing its line of private-label baby products to lure customers away from competitors such as Target Corp. and Amazon.com.
Wal-Mart Stores Inc. has signed up to use Facebook's Workplace, a comprehensive social networking platform designed for businesses.