All posts tagged with Walmart
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-(Natural News) Five of Walmart’s e-commerce warehouses are slated to lose another 2,000 jobs, the company announced this week. More than 1,000 people will be let go from a warehouse in Fort Worth, Tex., as will 600 people at a Pennsylvania fulfillment center; 40 people at a Florida warehouse; and 200 people in New Jersey, […]
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-(Natural News) At its annual investor meeting in Tampa, retail giant Walmart announced that over the next three years, it plans to convert 65 percent of its stores to a model of “automation.” In addition to laying off about 2,000 factory workers in the shorter term, the $388 billion multi-national corporation is eager to trim […]
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-(Natural News) A large winged insect first discovered by an entomologist at a Walmart in Arkansas was actually from the Jurassic era. Michael Skvarla, the current director of Pennsylvania State University‘s (Penn State) Insect Identification Lab, first spotted the insect at the side of a Walmart building in Fayetteville, Arkansas. He initially misidentified it as […]
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-(Natural News) Shoplifters are having a field day these days as in-store shopping returns to normal. This is causing what is known as shrinkage in accounting. It happens when a store has fewer items in stock than in its recorded book inventory. Factors contributing to shrinkage include employee theft, shoplifting, administrative errors, vendor fraud, product damage […]
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-(Natural News) By the end of this month, there will be no more Walmart stores in Portland. More than 641,000 people live within the city limits of Portland, and so you would think that there should be a lot of money to be made there. But Walmart has decided to wave the white flag. Portland […]
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-(Natural News) The last two remaining Walmart stores in Portland will be closed by April as the made-in-China retail chain struggles to cut costs and stop the financial bleeding. Portlanders either do not shop at Walmart or they go there to steal instead of buy things, which has prompted the company to close up shop […]
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-(Natural News) Even Walmart feels the pinch of inflation and economic downturn, with the big-box retailer announcing the closure of five under-performing stores in five states. A spokesperson for the retail giant told KRQE 13 that a Walmart in southeast Albuquerque, New Mexico will be closed on March 10 for failing to meet financial projections. […]
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-(Natural News) Beginning in March, CVS and Walmart, two of the nation’s largest pharmacy chains, will close some or all of their stores earlier than normal due to an alleged pharmacist shortage. Thousands of locations will either cut or shift their hours of operation to accommodate this mysterious shortage – (is it due to sudden […]
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-(Natural News) The CEO of retail behemoth Walmart warned that rampant shoplifting could lead to price hikes and store closures. “Theft is an issue. It’s higher than what it has historically been,” Walmart CEO Doug McMillon said during a Dec. 6 appearance on the CNBC program “Squawk Box.” “If that’s not corrected over time, prices will […]
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-(Natural News) Discount stores such as Walmart, Dollar General and others are seeing a rise in “wealthier” shoppers, as more and more Americans beset by inflation turn to budget retailers. According to the Daily Mail, the Jeff Bezos-owned Whole Foods offers bread at $4.79 and milk at $8.99. Walmart and Dollar General sell both food items at […]
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