Based on information from Walmart, the chain is not merging the stores and walmart.com buying teams, as Reuters reported Tuesday. The two will continue to operate as two separate teams.
Walmart Pharmacy & Business News
The National Retail Federation estimates the proposed tax on imports could cost American families as much $1,700 per year.
Trainees in the Pathways course can earn a $1 per-hour increase in pay to $10 per hour after 90 days instead of six months.
Bayer AG has joined a host of companies, including General Motors, Hyundai and Walmart, that have pledged to either keep or create jobs in the U.S., The Wall Street Journal reported Wednesday. The Journal cited Trump transition team spokesman Sean Spicer, who said Bayer’s decision was the result of “the president-elect’s focus on creating a better business climate here in the United States.” Bayer is currently seeking regulatory approval for its planned $57 billion purchase of seed maker Monsanto, and committed research investments and "several thousand" new high-tech positions in the U.S. once that deal is successfully completed. (The Wall Street Journal)
Walmart is planning $6.8 billion of capital investments in the U.S. in the coming fiscal year, which includes construction and remodeling of stores, clubs and distribution centers, as well as the expansion of new services such as online grocery pickup.
The changes, which the chain has not officially announced, come on the heels of media reports that Karenann Terrell would step down as CIO of Walmart Stores on Feb. 24.
GNC and Walmart are joining Vitamin Shoppe and Whole Foods on the development of a retailer driven and consumer focused Industry Leadership Group, the Natural Products Association reported.
She will be replaced by longtime associate John Furner.