Walmart Stock Price, News & Analysis

Bion Environmental Technologies, Inc. (OTC QB: BNET) announces the appointment of Bill Rupp to its Board of Directors effective February 15, 2023. Rupp, a veteran with 37 years in the meat industry, previously held senior leadership roles at Cargill and JBS, overseeing significant operations. His expertise is expected to aid in commercializing Bion's advanced livestock waste treatment technology.

Rupp emphasized the importance of sustainability in beef production, reflecting a shift in consumer preferences towards environmentally conscious options. Bion's technology aims to deliver a USDA-certified sustainable beef product while enhancing resource efficiency and reducing environmental impacts.

Sam’s Club, a division of Walmart (NYSE: WMT), plans to open over 30 new clubs in the U.S. starting in 2024, with the first in Florida. This expansion follows the company's significant growth, driven by record membership increases and comparable sales growth. Sam’s Club will invest in modernizing its supply chain, including five new distribution centers in 2023, enhancing member experiences with technology and larger club sizes. The new clubs will feature improved healthcare spaces and sustainability initiatives. The company emphasizes innovation to enhance both in-person and online shopping experiences for its members.

On Maternal Health Awareness Day, Walmart, J&J Consumer Health, and CareSource introduced a program focused on improving Black maternal health in Georgia. This initiative addresses significant disparities, as Black women face three times higher risks in pregnancy-related deaths compared to Caucasian women. The program includes four main pillars: self-care support, high touch pregnancy care, healthcare professional education, and health equity research. With over 30 labor units closed in Georgia, this pilot aims to enhance healthcare access and equity, potentially leading to broader community initiatives.

Walmart has partnered with Salesforce to enhance local pickup and delivery services for retailers using Salesforce Commerce Cloud. This collaboration will enable access to Walmart's Store Assist app and GoLocal local delivery solutions, helping retailers improve efficiency and customer experience. Walmart has already fulfilled over 830 million orders using these technologies since July 2019. Retailers can leverage these tools to optimize their operations and meet the rising demand for seamless omnichannel shopping.

Walmart has successfully expanded its drone delivery program, now operating 36 hubs across seven states including Arizona, Arkansas, and Texas. The program has completed over 6,000 deliveries, averaging delivery times of just 30 minutes. Popular items delivered include Great Value Cookies and Cream Ice Cream and Freshness Guaranteed Hot Rotisserie Chicken. With 85% of items in Walmart Neighborhood Markets eligible for drone delivery, the company aims to enhance convenience for customers. Walmart's extensive network of 4,700 stores positions it to scale this innovative service further in 2023 and beyond.

Walmart has surpassed the initial threshold needed to finalize its $3.1 billion opioid settlement framework, as announced on November 15. The retailer has reached agreements with all 50 states, the District of Columbia, Puerto Rico, and three U.S. territories, resolving nearly all opioid-related lawsuits from state and local governments. The settlement requires additional participation from cities and counties to take effect. Though Walmart disputes the allegations, it emphasizes the settlements will aid communities quicker than any previous opioid settlement.

Walmart has launched its drone delivery service in Arizona, specifically in the Phoenix market, allowing select customers to receive deliveries from 4 stores within 30 minutes. This service includes over 10,000 eligible items and comes with a delivery fee of $3.99. Orders can be placed online, and new customers can use a promo code for free delivery. Walmart aims to expand this service to additional states by the end of the year, targeting four million additional U.S. households.

Walmart has launched a drone delivery service for select customers in the Dallas area, Texas, allowing deliveries from 11 participating stores. This service enables rapid delivery of over 10,000 items, including fragile goods, in under 30 minutes for a fee of just $3.99. Customers can waive this fee using a promotional code. This expansion is part of Walmart's plan to reach four million households across six states by the end of the year, showcasing the company's commitment to innovation and customer convenience.

Walmart has launched a drone delivery service in Florida, allowing select customers in Tampa and Orlando to receive deliveries from 7 stores. This initiative follows Walmart's goal to extend drone delivery to four million households across 6 states. Customers can order items up to 10 pounds for a delivery fee of $3.99, waived for first-time users with a promo code. Walmart aims to enhance convenience by enabling quick access to last-minute purchases and has successfully completed thousands of drone deliveries so far.