DETROIT - Walmart is planning to build a number of new stores and overhaul existing ones to bring them in line with its Store of the Future concept. One of the customer facing improvements will be the addition of fast electric vehicle charging stations in the new or remodeled Walmart stores, the company said in
DEARBORN—Ford Motor Co., Walmart, and a Pittsburgh, Pa.-based autonomous vehicle company called Argo AI are working together to launch an autonomous vehicle delivery service in Miami, Austin, Texas, and Washington, D.C. — Walmart’s first multi-city autonomous delivery collaboration in the United States. The last mile delivery service will use Ford self-driving test vehicles equipped with
DETROIT - Walmart said this week that it’s creating a fintech start-up with Ribbit Capital, one of the venture capital firms behind Robinhood. The big-box retailer did not share the name of the new company or say when its services will be available. It said it will develop unique and affordable financial products for Walmart
BEIJING, China - First quarter earnings for JD.com, China’s largest online retailer, exceeded expectations, prompting Principle Investor Zhang Jindong and Founder and CEO Richard Liu to renew the platform agreement they have with Tencent Holdings Ltd, one of the world’s most successful technology companies. The online Chinese-based China retailer is backed by Walmart and Alphabet
