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Walmart

  • Report: Walmart takes action before new overtime rule goes into effect

    Walmart is upping some managers’ salaries in anticipation of the Department of Labor’s new overtime rule, scheduled to take effect Dec. 1, 2016.     The retailer, the nation’s private employer, raised salaries for entry-level managers from $45,000 to $48,500 annually, Reuters reported, with the increase going into effect in September. Under the new rule, employers are required to pay overtime to salaried workers earning less than $47,500 a year. The current threshold is $23,660 a year.    

  • Tech Bytes: Three ‘disruptive’ lessons from Northwest Arkansas Technology Summit

    Hands down, “digital disruption” was the theme of the third annual Northwest Arkansas Technology Summit, held in Rogers, Arkansas. In line with evolving concept itself, there were many definitions of what digital disruption truly means heard throughout the event.  

  • Walmart ramps up fulfillment center growth to compete with Amazon

    Walmart has gone into high gear in its fight to challenge Amazon.   The chain is on track to double the number of warehouses dedicated to online sales to 10 by the end of 2016, according to a report on nbcnews.com.    

  • Walmart to slow new store growth, invest in remodels and online

    Walmart gave a lackluster profit outlook for next year, and said it will slow new store openings as it invests in remodels and digital initiatives.  

  • Report: Walmart fielding presentations from 26 technology startups

    Walmart is hosting 26 startups to present their ideas as part of the company's Technology Open Call, the Northwest Arkansas Democrat Gazette reported Thursday.   The event is being held in conjunction with Friday's Northwest Arkansas Tech Summit and features companies like FreshSpire, a service that notifies participating consumers the availability of discounted produce that's about to expire. 

  • Walmart to slow new store growth, invest in remodels and online

    Walmart gave a lackluster profit outlook for next year, and said it will slow new store openings as it invests in remodels and digital initiatives.

  • Kohl’s enters the mobile payments game

    Kohl’s Corp. has joined the ranks of Walmart, Starbucks and other companies to offer its own mobile payments app.    The retailer launched Kohl’s Pay on Wednesday, hoping to speed up checkout in its stores. Using the app, shoppers can integrate their Kohl’s private label credit card and their Yes2You Rewards member number directly in the app’s mobile wallet. The technology also saves earned Kohl’s Cash and Yes2You Rewards.  

  • Walmart opens website to OS community

    WalmartLabs’ newest project is giving comrades and competitors alike, a peek into its open-source software.   The retail behemoth has migrated its online platform to a React-based application platform over the last year, one that was built in-house by WalmartLabs. Now Walmart’s innovation division is open-sourcing this platform, reported TechCrunch.  
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