Major U.S. retailers are looking at ways to make their supply chains stronger, sustainable, and more resilient. Because of the supply-chain crisis unleashed by COVID-19, they are wanting to do so in a unified way not only for their businesses but for the 42 million workers employed in the retail sector. Gathering at the National Retail Federation’s…
National Retailers Detail Supply Chain Challenges, Strategies, and Need to Diversify Suppliers
MyPillow CEO Says Walmart ‘Canceling’ Him, Pulling All Products From Stores: ‘It’s a Disgrace’
Walmart Inc. announced on Thursday that MyPillow products will no longer be available at its retail stores a day after Mike Lindell, the CEO of MyPillow, said he’s being canceled. In a statement to The Hill, the retailer said while MyPillow products will no longer be available in stores, they can still be bought online….
Sentencing Arguments Expected for Man in Fatal Shooting Outside Walmart in Alberta
A sentencing hearing is to begin today for a man who shot and killed a shopper outside a Walmart store in central Alberta. Chase Freed, who is 20, pleaded guilty on Monday to the second-degree murder of Jim Williams in Red Deer in December 2019. RCMP said at the time that a masked man armed…
Walmart ‘Removes Chaokoh Coconut Milk From Shelves’ After PETA Says Investigations Found Forced Monkey Labor
Retailer Walmart has reportedly pulled Chaokoh coconut milk from its shelves following undercover investigations that allegedly revealed the use of forced monkey labor. The People for Ethical Treatment of Animals (PETA) confirmed the news in a statement on June 7, stating that Walmart had removed the coconut milk from the Thai-based major producer after it had…
Walmart Says Some Suppliers Working With Retailer to Cut Prices
BENTONVILLE, Ark.—Senior Walmart Inc. executives said on Friday some suppliers have been responding to the largest U.S. retailer’s efforts to lower prices despite their own struggles with high inflation, material and labor costs. Investors have questioned Walmart’s ability to ask suppliers to offer price reductions when they too are focused on protecting margins in the…
Walmart to Add 4,000 Jobs With 4 New US Fulfillment Centers
Bentonville, Ark.—Walmart Inc. announced plans on Thursday to open four new fulfillment centers in the United States over the next two years, creating 4,000 new jobs that will expand its delivery network and make workers’ jobs easier. The moves come as companies struggle to find and retain workers in a tight labor market. The nation’s…
Walmart Shareholders Reject Pro-Abortion Proposal, Say It’s ‘Unnecessary Distraction of Resources’
Shareholders at Walmart on Wednesday overwhelmingly rejected a vote to uphold a pro-abortion proposal as the debate regarding terminations rages on across the United States. The proposal, made by Clean Yield Asset Management (CYAM) on behalf of activist investor Julie Kalish, urged Walmart’s board to issue a public report detailing “any known and any potential risks and costs…
Amazon.com Says Unfairly Targeted by US Antitrust Bill
WASHINGTON—Big tech has launched a media blitz aimed at derailing one of the most ground-breaking bipartisan bills in the U.S. that would bar tech companies, like Amazon.com Inc, from giving preference to their own businesses on their websites. Amazon lambasted the bill on Wednesday saying in a blog post that the bill “jeopardizes two of…
Walmart, CVS to Halt Filling Prescriptions for Controlled Substances by Cerebral, Done
Walmart Inc and CVS Health Corp said on Wednesday they would stop filling prescriptions for controlled substances issued by telehealth startups Cerebral Inc and Done Health. Cerebral and Done are known for treating patients with ADHD, prescribing stimulants such as Adderall. Walmart confirmed the move to Reuters and said the decision was made after an…
Walmart Expanding Drone Delivery to Orlando and Tampa
PUNTA GORDA, Fla.–Walmart will expand its “DroneUp” delivery network to 34 sites in six states, including Orlando and Tampa in Florida, by the end of 2022, the company announced on May 25. The drone service has the potential to reach approximately four million U.S. households across Arizona, Arkansas, Florida, Texas, Utah, and Virginia, said David…
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