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Walmart

  • Walmart shareholders approve directors, compensation

    Walmart shared the results of its 47th annual shareholders meeting held June 2.  
  • Industry Commentary: Walmart's employee delivery initiative

    Walmart recently announced a pilot program where its associates would be given the option to deliver online orders on their way home from work. Two industry experts offer their comments on the program below:   
  • Macy’s shakes up digital team

    Macy’s named two key leaders in a move to bolster the company’s digital initiatives.   The department store chain named Yasir Anwar as its executive VP and CTO, effective immediately. In this new role, Anwar will oversee all technology functions for Macy’s, including expanding the company’s technological capabilities and further driving mobile and digital growth.  
  • Walmart CEO: ‘Associates are the secret to our success’

    Walmart is no stranger to innovation. However, when defining the secret to the company’s success, Walmart’s chief executive Doug McMillon said he just has to look within the company’s proverbial four walls.  
  • Kmart targeted in data breach — again

    For the second time in less than three years, Kmart was hit by a malicious hack.   On Wednesday, May 31, Kmart’s parent company, Sears Holdings revealed that the chain was the victim of a security incident. The company became aware of the attack, which involved unauthorized credit card activity, following certain customer purchases made at some of its Kmart stores. Shoppers were alerted to the breach via email Wednesday evening.   
  • Regulatory Wrap-Up: Where state and national policy meets retail

    Wages

    Federal $15/Hr Minimum Wage . As promised, U.S. Senator Bernie Sanders with support from Democratic Leadership introduced a bill this week to raise the federal hourly minimum wage to $15 by 2024 to index it to inflation starting in 2025. Passage is highly unlikely, although Democratic leadership has vowed to make the Fight for $15 a larger focus of the party platform.
     
  • Walmart augments training with virtual reality

    While the industry continues to explore how to leverage virtual reality, Walmart is embracing the technology in a big way.   The retail giant will be adding VR-based instruction at its 200 Walmart Academy training centers in the United States by the end of the year. The technology will be used to educate approximately 140,000 employees that go through the program each year, according to Walmart.  
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