Walmart Inc. reported a 25 percent drop in quarterly earnings and cut its full-year profit outlook on Tuesday as rising costs of fuel and labor hurt its bottom line while shoppers squeezed by decades-high inflation moved to buy lower-margin basics.
NEW YORK—Walmart workers who once unloaded trucks now have a chance to drive them.
Carriers of goods including Walmart, UPS, and FedEx are moving to work more shifts—including 24 hours per day, seven days per week—to address global supply disruptions that have contributed to a surge in inflation, the White House said Wednesday.
Walmart Inc. said on Wednesday it planned to hire 20,000 workers at its supply chain division ahead of the busy holiday season as the world’s largest retailer and other major rivals battle a logistics and labor crunch.
NEW YORK—Walmart says it will start commercializing its delivery service, using contract workers, autonomous vehicles and even drones to deliver other retailers’ products directly to their customers’ homes as fast as just a few hours.
A suspect was arrested in Texas as he was planning for a mass shooting. As reported from the Kerr County Sheriff's Office (KCSO), authorities intercepted a message that indicated he was "preparing to proceed.