Business

Walmart’s timing is 'ridiculous,' ‘there’s no strategy here,’ says brand analyst

Walmart dominated the news with pay raises only to upstage itself by the closure of 63 of its Sam's Club stores.

Business

Closing some Sam's Club stores allows Walmart to focus on what works, says ex-US chief

The closure or conversion of 10 percent of Sam's Club locations is a good move for Walmart, says Bill Simon.

Business

Walmart’s bumpy day: From wage increases to store closings

Walmart announced that it will use some of its savings under the new tax bill to provide wage increases, bonuses and expanded benefits to its hourly workers.

Business

Here's a map of where Walmart is closing more than 60 Sam's Club stores

Walmart is abruptly closing more than 60 of its Sam's Club locations across the country.

Business

Treasury Secretary Mnuchin applauds Walmart for wage increase

Mnuchin said the "most important issue" is for companies, like Walmart, to raise their own pay rates over time.

Business

Walmart to shutter 63 Sam's Club locations

Walmart is closing down 63 of its Sam's Club locations across the country.

Business

Walmart to raise its starting wage to $11, give some employees bonuses following tax bill passage

Walmart announced it will be increasing its starting wage rate for hourly employees in the U.S. to $11 from $9.

Business

Prices of land for warehouses are skyrocketing across the US

Land fit for future fulfillment centers for the likes of Amazon and Walmart saw huge spikes in prices last year.

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