Walmart will start to deliver prescriptions to customers' doorsteps. Customers can also get additional items dropped off along with medications, such as groceries.As CVS and Walgreens shutter hundreds of stores nationwide to shore up profits and investor sentiment, Walmart said Tuesday that it is offering a new option for customers: Delivering prescriptions to their doorsteps.The nation's largest retailer said deliveries are now available in six states: Arkansas, Missouri, New York, Nevada, South Carolina a ...

Major U.S. grocers are going head-to-head, offering similar discounted Thanksgiving meal baskets to lure in cost-conscious customers who are squeezed by high prices.  Although overall inflation has fallen significantly, inching closer to the Federal Reserve's intended 2% target, prices for some food items remain up by double-digits. Primerica's latest Financial Security Monitor survey polled households making between $30,000 and $130,000 annually and discovered that 40% of respondents cited inflation as the ...

Company’s subsidiary, AlphaMax Management LLC, will optimize operations through the use of robotics and AI cloud technology at restaurants across Arizona, Colorado, and Texas LAS VEGAS, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, today announces that it is expanding its restaurant operations model with the signing of a binding Letter of Intent (LOI) with Ghost Kitchens America. Under the te ...

Walmart (WMT) ended the recent trading session at $81.65, demonstrating a +1.69% swing from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 0.76%. On the other hand, the Dow registered a loss of 0.75%, and the technology-centric Nasdaq decreased by 1.01%.The world's largest retailer's shares have seen a decrease of 0.34% over the last month, not keeping up with the Retail-Wholesale sector's gain of 3.42% and the S&P 500's gain of 4.31%.The investment community will be payin ...

Walmart's U.S. chief vowed to do "everything" he can to keep prices low, as the nation grapples with recent disasters and inflation amid a quickly approaching holiday shopping season. "Before the storms hit, really, we weren't seeing any real inflation across the business with probably the exception of the dairy category. And as you know, these commodity categories, they can move around a bit. But we've been working on a lot of things to keep prices lower, and keep prices at the point they were last year an ...

Walmart Inc. (WMT) is taking retail to a new level where shopping becomes more personal and convenient than ever. The retail giant has laid out an ambitious plan to integrate artificial intelligence (AI), generative AI (GenAI), augmented reality (AR) and immersive commerce into its stores and digital platforms.This initiative aims to create a hyper-personalized experience, adapting to each customer’s needs and shopping preferences. Whether shopping in-store, online or through an app, customers will find tha ...

Core Insights - Walmart has appointed Seth Dallaire as the chief growth officer for Walmart U.S., expanding his role to include oversight of marketing, design, and product teams while continuing to lead the revenue organization [1] - Jon Alferness, the chief product officer for Walmart U.S., will leave the company after serving in an advisory role until the end of the year [1] - The transformation of Walmart's U.S. business is characterized as a shift from a store-centric model to a "people-led, tech-powered, omnichannel business," largely driven by initiatives under Dallaire's leadership [1] Business Performance - Walmart+ membership increased by double digits last quarter, indicating strong growth in this segment [2] - Walmart Connect experienced a 30% growth, showcasing the effectiveness of Walmart's advertising initiatives [2] - Walmart Data Ventures doubled its client base over the past year, reflecting significant expansion in data-driven services [2] Strategic Initiatives - Walmart is aligning key capabilities under Dallaire's leadership to enhance customer experience, as emphasized by CEO John Furner [2] - The company has introduced early holiday shopping sales for Walmart+ paid members, providing them with exclusive access to discounts [3] - Dallaire highlighted the importance of customer feedback in shaping the delivery benefits and potential new offerings for Walmart+ members [3]

Walmart Inc. (WMT) has unveiled a major expansion of its pet care services, introducing new Pet Service Centers in Georgia and Arizona. The company announced that it will open five more pet service centers in October and early November. This move enhances access to affordable pet care, including in-person and virtual veterinary services, pet prescription delivery, grooming and pet food and supplies. By offering these services under one roof, Walmart aims to provide pet owners with a convenient all-in-one so ...

Walmart's logistics business is pressuring Amazon's own, according to Wells Fargo analysts.Walmart is offering a cheaper version of Fulfillment by Amazon, which could limit Amazon fees.Wells Fargo cut its rating on Amazon to equal weight from overweight Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed ...

Sam’s Club is reportedly preparing to launch its first store without checkout lanes.Scheduled to open in the middle of this month in Texas, the store will require customers to use an app called Scan & Go to ring up items on their smartphones as they shop, CNBC reported Monday (Oct. 7).Where most stores would have cash registers, the report adds, the Walmart-owned club retailer will instead display online-only items such as giant Christmas trees and diamonds. Workers, meanwhile, will have around four times a ...