Walmart Pharmacy & Business News
Walgreens, along with a host of other retailers, on Tuesday opted into Visa's Visa Checkout to help facilitate an omnichannel shopping experience. Walmart.com also will be incorporating the option into its services within the year, Visa reported.
Launched in 2013, MasterPass by MasterCard is currently available in 24 countries and is accepted at 250,000 merchants globally.
Walmart and the Walmart Foundation is out with its annual Giving Report which puts a monetary value on all the ways the retailer and its charitable arm sought to make a difference during the 2015 fiscal year.
Unconfirmed media reports indicate Target is in the early stages of developing its own mobile payment solution. If true, Target would join other major retailers like Walmart and Starbucks in making mobile payment a proprietary proposition.
Walmart has recalled marketing executive Tony Rogers from his post in China to lead the retailer’s domestic marketing efforts along with input from a former Target executive.
"John [Standley's] done an incredible job and has an ubelievable pedigree across a whole number of positions at Rite Aid," Jonathan Aspatore, CEO ExecRank, shared with TheStreet in an interview.
The Wall Street Journal reported that Stephen Quinn will retire as executive vice president and chief marketing office in January, and Target’s former CMO will be a consultant for the company at that time.
Although numerous players have entered the mobile payment arena in recent months, Walmart Pay is poised to be much more disruptive to the mobile payment landscape.