📦 Walmart v. Amazon - the former is betting on its warehouse capacity will outshine the e-commerce giant in market share.
A brick-and-mortar store is now evolving into a “shoppable fulfillment center”, according to the chief e-commerce officer for Walmart, Tom Ward. Amazon currently dominates the market share with 40%.
Taiwan Semiconductor Manufacturing Co. (TSMC), a global leader in semiconductor fabrication, is set to receive a significant boost in the U.S. with up to $6.6 billion in funding from the U.S. government.
Walmart's CEO, Doug McMillon, recently unveiled sweeping changes in customer shopping experiences during a fourth-quarter earnings call with investors.
Rivian Automotive Inc. saw its shares bounce back slightly on Monday after a tough week marked by disappointing earnings.
Amazon Web Services Mexico (AWS), a branch of Amazon.com Inc., plans to invest over $5 billion in constructing a series of data centers in Mexico, catering to the rising demand for cloud services amid technological advancements.
J.B. Hunt Transport Services has struck a long-term deal with Walmart, snagging their intermodal assets and committing to volume and capacity provisions.
Employees at an Amazon fulfillment center in Markham, Illinois, experienced an evacuation due to a nearby fire on Thursday morning.
Walmart has announced its acquisition of TV maker Vizio for $2.3 billion in cash, aiming to bolster its profitable advertising business.
Amazon, along with SpaceX and Trader Joe's, is challenging the constitutionality of the National Labor Relations Board (NLRB) in legal filings.
An Ohio trucking company owner confessed to wire fraud in a federal court for participating in a scam that cheated shippers, including Amazon and Bath & Body Works.
In a recent interview, the chair of the pilots' union at Air Transport International (ATI), a key air carrier in Amazon's delivery network, expressed frustration over delayed contract negotiations.
Walmart, already a retail giant, is aiming to get even bigger. Over the next five years, the company plans to build or convert more than 150 large-format stores, with some expanding from smaller locations into Supercenters offering groceries and merchandise.
With approximately 14,000 drivers, Walmart has one of the industry's most elite driving forces and has added 5,800 drivers in the past five years.
Amazon.com has announced layoffs affecting fewer than 5% of its Buy with Prime unit employees.
Walmart has unveiled its largest drone delivery expansion plan, covering 1.8 million households in the Dallas-Fort Worth area.
Amazon is undergoing layoffs in its Prime Video and MGM Studios divisions, with hundreds of employees affected.
Amazon is feeling the pressure from fast-fashion app Shein and has decided to cut referral fees for cheap clothing items in an effort to compete.
Spanish workers at an Amazon logistics center in northern Spain, near the border with France, are planning a three-day strike from January 3 to 5 ahead of the Epiphany feast day.
Deforestation in Brazil's Amazon decreased by 22.3% in the 12 months through July, marking the smallest area cleared since 2018, according to government data from the Brazilian space research agency Inpe.
Walmart's stock reached an all-time high, hitting $166.30, as investors anticipate the retail giant to outperform its competitors during the holiday season due to its reputation for offering value.
Amazon has introduced new guidelines allowing supervisors to terminate employees who resist the return-to-office directive.
Former Walmart U.S. CEO Bill Simon has highlighted that ongoing inflation and various economic pressures are impacting retailers' ability to offer bargains, leading American consumers to be more cautious with their spending.
FTC Chair Lina Khan defended the agency's antitrust lawsuit against Amazon, emphasizing that it aims to protect free and fair competition rather than punish success.
Walmart is planning to increase the involvement of its employees in making last-mile deliveries as it expands its third-party fulfillment capabilities, according to President and CEO Doug McMillon.
Amazon.com Inc. is planning to hire 250,000 logistics workers for the upcoming holiday season.
Walmart is expanding its drone delivery service by partnering with Wing Team, powered by Alphabet (Google's parent company).
Amazon's anticipatory shipping patent, which generated interest a decade ago, is now being revisited.
Zara's billionaire founder, Amancio Ortega, is further expanding his logistics network in the U.S. with the acquisition of a logistics center in Inland Empire, California, for $109 million.
New advances in computer vision are improving worker safety by addressing the deficiencies that have hindered robotic automation in taking over dangerous tasks for workers.
Amazon’s recent decision to bring employees back to the office five days a week, starting next year, has stirred strong reactions among staff.