Walmart Stock Price, News & Analysis

Walmart and Roku have partnered to create a unique shopping experience through TV streaming, allowing viewers to purchase products directly from ads on Roku's platform. The collaboration aims to enhance consumer interaction by enabling immediate purchases at the moment of inspiration, bypassing traditional shopping methods. Utilizing Roku Pay, the checkout process is simplified, with payment details pre-populated. This initiative positions Walmart as a pioneer in integrating e-commerce with TV streaming, promising to evolve as more commerce opportunities are explored.

Walmart has launched an exclusive home collaboration with Miranda Lambert, named Wanda June Home, featuring over 80 affordable kitchen, bar, and home décor items priced between $12.97 and $170, most under $30. Inspired by Lambert's family legacy and Southern hospitality, the collection includes tabletop essentials and fun barware. This partnership aims to elevate Walmart's home offerings and expand its exclusive product lines. Customers can shop the collection exclusively at Walmart.com.

Walmart will host its ninth annual Open Call event on June 28-29, inviting nearly 1,200 small and mid-sized businesses to pitch their products. This year marks the largest group of participants, with over 60% identifying as diverse-owned. Each business will have a 30-minute one-on-one meeting with Walmart merchants to discuss potential product placements across stores, including Walmart.com. Additionally, Walmart is committed to investing $350 billion in U.S. products over the next decade, underscoring its dedication to American jobs.

Chevron has entered into agreements to supply renewable natural gas for a demonstration of Walmart's heavy-duty trucks integrated with Cummins' new 15-liter natural gas engine. The collaboration aims to help Walmart achieve its goal of zero emissions by 2040. Chevron will link the renewable natural gas to compressed natural gas for the trucks, sourced from biomethane produced from organic waste. This partnership highlights Chevron's commitment to decarbonization and sustainable energy solutions for fleet operators.

The Investor Group, holding approximately 4.5% of SpartanNash shares, seeks to elect three independent director candidates to enhance board expertise in food distribution and retail. Proxy advisors ISS and Egan-Jones endorse the nominees, including Michael Lewis and John Fleming, emphasizing their industry experience. The Investor Group argues that the current board has overseen poor performance and needs fresh perspectives to drive long-term value creation. They urge shareholders to vote on the BLUE Proxy Card to facilitate this change.

Walmart announced plans to build four new high-tech fulfillment centers, including a 2.2 million square-foot facility in McCordsville, Indiana, set to open in spring 2023. This center will create over 1,000 new jobs and provide fast shipping options to customers in several states. The facility will utilize automation technology, doubling storage capacity and order fulfillment. Walmart aims to modernize its supply chain and enhance service for Walmart+ members, contributing to the local economy while offering competitive benefits.

Walmart plans to construct four high-tech fulfillment centers, including a 1.5 million square-foot facility in Greencastle, Pennsylvania, set to open in 2024. This center will create over 1,000 jobs and enhance Walmart's delivery capabilities, offering next- or two-day shipping on more items for customers and Walmart+ members in Pennsylvania, Maryland, Delaware, and New Jersey. The facility will feature automated technology to double order fulfillment capacity, highlighting Walmart's commitment to modernizing its supply chain and meeting growing online demand.

Walmart announced plans to build a 1.1 million square-foot high-tech fulfillment center in Joliet, Illinois, set to open in summer 2022. This facility aims to enhance shipping capabilities for Walmart+ members, providing next- or two-day delivery across Illinois, Indiana, and Wisconsin. The project will create over 1,000 jobs and leverage state-of-the-art automation technology, doubling storage capacity and order fulfillment efficiency. Walmart continues to modernize its supply chain to support growth in its digital business, ensuring better service for its customers.