Walmart

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Walton Family Sells $1.5B in Walmart Stock

Move was made with Walmart shares near record high

(Newser) - Walmart stock has jumped 13% this year, and as it sat near a record high last week, the Walton family sold off about $1.5 billion worth of shares. Filings from the US Securities and Exchange Commission made on behalf of Rob, Jim, and Alice Walton—the three surviving children...

Snoop Dogg Sues Over Alleged Cereal Sabotage
Snoop Dogg Accuses Cereal
Maker of 'Diabolical Actions'
in case you missed it

Snoop Dogg Accuses Cereal Maker of 'Diabolical Actions'

He and Master P claim Post Consumer Brands agreed to make their cereal, torpedoed it instead

(Newser) - Snoop Dogg and Master P have a beef, and it's not with another rapper. The two are owners of breakfast cereal company Broadus Foods, and on Tuesday they sued Walmart and food manufacturer Post Consumer Brands, claiming they conspired to torpedo their endeavor. As the Guardian reports, Snoop Cereal...

Did Walmart's Work Culture Turn Fatal for 38-Year-Old?
Inside the
Death of a
38-Year-Old
Walmart Worker
longform

Inside the Death of a 38-Year-Old Walmart Worker

Janikka Perry was allegedly told to pull it together, suffered fatal heart attack at work

(Newser) - On January 16, 2022, Janikka Perry started to feel faint during her shift at a Walmart bakery in Arkansas. The 38-year-old, who rarely missed a shift or left work early despite having heart problems and diabetes, told management she felt unwell, but was told she needed to continue working because...

Now Hiring at Walmart: $400K-a-Year Managers

The company increased base pay and bonuses while adding on stock grants

(Newser) - Walmart has rolled out a new set of perks for thousands of its store managers in an effort to retain talent in their chains, and those perks are looking, well, pretty perky. As the Wall Street Journal reports, with bonuses and a new stock program, some will bring home more...

US Food Chain Rides Heavily on Backs of Prison Labor
US Food Chain Rides Heavily
on Backs of Prison Labor
INVESTIGATION

US Food Chain Rides Heavily on Backs of Prison Labor

Major companies are making bank off forced labor: AP

(Newser) - In a sweeping two-year investigation, the AP found that goods linked to the forced labor of US prisoners wind up in the supply chains of a dizzying array of products, from Frosted Flakes cereal and Ball Park hot dogs to Gold Medal flour and Coca-Cola beverages. They're on the...

His Joke About a Walmart Party Morphed Into Something Good

After thousands RVSPed to fake Facebook event, Drew Delgado planned a real toy drive

(Newser) - It started as a New Jersey man's sarcastic joke: A holiday party for Walmart employees this coming Friday at 5pm—self-checkout employees, that is. In the Facebook event Drew Delgado created, he provided a brief description of his Walmart Self-Checkout Christmas Party: "Celebrating another successful year of picking,...

Retailers: Theft Is Killing Our Bottom Lines

Target expects to lose up to $1B this year due to 'shrink,' also taking a toll on Dollar Tree, Kohl's

(Newser) - Dollar Tree is the latest company to partly blame theft for plunging profits. The company's gross profit margin fell to 29.8% last quarter from 32.7% a year earlier, CEO Richard Dreiling and CFO Jeffrey Davis told Wall Street analysts on Thursday, per CNN . They attributed much of...

Family of Man Who Allegedly Hit Migrants: It Was an Accident

North Carolina man suspected of driving into group has turned himself in

(Newser) - The North Carolina man accused of plowing into a group of migrant workers with his SUV turned himself into police Monday, the day after the incident in front of a Walmart left six men injured. Police originally said the crash was believed to have been intentional, but family members told...

These Companies Just Made Fortune 500's Top 10

Walmart takes top spot in annual ranking of largest US firms

(Newser) - Fortune has released its annual Fortune 500 rankings, its 69th version of the list of the country's largest corporations, based on revenue for 2022's fiscal year. Per a release , a company had to bring in $7.2 billion to be included, a jump of 13% from last...

'Super-Rare' Bug Found at Walmart Stuns Experts
'Super-Rare' Bug Found
at Walmart Stuns Experts
IN CASE YOU MISSED IT

'Super-Rare' Bug Found at Walmart Stuns Experts

It's the first giant lacewing recorded in eastern North America in half a century

(Newser) - Michael Skvarla, director of Penn State's Insect Identification Laboratory, was examining an insect in front of students over Zoom in the fall of 2020 when he froze. He'd just been explaining that this insect from his personal collection—plucked from the side of an Arkansas Walmart during a...

340K Walmart Workers Are Getting a Raise
Walmart Is Raising
Its Minimum Wage

Walmart Is Raising Its Minimum Wage

Company says rise from $12 to $14 will affect around 340K workers

(Newser) - While tech companies are laying off workers by the thousand, Walmart is trying to make sure its 1.6 million workers stick around. The company, America's largest employer, says it is hiking its minimum wage from $12 to $14 for store employees, almost twice the federal minimum wage of...

Walmart Pulls KKK Boots From Online Marketplace

Company says 'inappropriate merchandise' was offered by third-party seller

(Newser) - Walmart says it's looking into how hiking boots with the letters KKK on the tongue made it into its online marketplace. The $50 boots appeared in an online listing under the name "Harsuny Men’s Tactical Military Hiking Ankle Boot Outdoor Trekking Shoes," the Huffington Post reports....

TikToker Helps Walmart Worker, 82, Retire

GoFundMe campaign has raised more than $126K for employee at Maryland store

(Newser) - Butch Marion, an 82-year-old Walmart worker in Maryland, is finally hanging up his blue vest. A GoFundMe campaign has raised more than $126,000 to help the widowed Navy veteran retire. The campaign was started by business owner Rory McCarty, who said he was "astounded" to see McCarty still...

Walmart Shooting Survivor Files a Big Lawsuit

Donya Prioleau wants the company to pay $50M in damages

(Newser) - In the aftermath of the mass shooting at a Walmart in Virginia last week, store employee Donya Prioleau was widely quoted in the media as making this jarring statement: "I just watched three of my friends killed in front of me," she said. Now Prioleau wants Walmart to...

Shooter's 'Death Note' Calls Out Walmart Workers

'I was harassed by idiots,' he wrote among references to demons and Satan

(Newser) - The employee who opened fire at a Virginia Walmart on Wednesday, killing six co-workers and himself , left behind a manifesto claiming "my intent was never to murder anyone" but "things just fell in place like I was led by the Satan." Andre Bing apologized to God for...

Walmart Says Mass Shooter Was Overnight Manager

Coworkers say Andre Bing seemed paranoid, had a 'nasty attitude'

(Newser) - The Walmart employee who killed six people in a mass shooting Tuesday night before taking his own life was a night manager with a "nasty attitude," workers say. Walmart has identified the employee as Andre Bing, a 31-year-old team leader at the Chesapeake, Virginia, store. Walmart says he...

Police: Employee Killed 6 in Virginia Walmart Shooting

Police say the shooter is also deceased

(Newser) - Police in Virginia say multiple people were killed and injured Tuesday night in a shooting at a Chesapeake Walmart that was carried out by an employee. WAVY reports the shooting was reported at 10:12pm at a supercenter location off Battlefield Boulevard. The city of Chesapeake said that seven people...

Inflation Affects Walmart, Target Holiday Strategies

With prices going up, retailers expect shopping to start earlier

(Newser) - This fall, it won't just seem like the holiday shopping season is starting early. Walmart and Target on Thursday announced an earlier-than-normal launch as part of their holiday sales strategy. As CNN puts it, "Halloween is still a month away, but Walmart is ready for Christmas." Anticipating...

Pilot Who Threatened to Crash Into Walmart Lands

Mississippi officials report no injuries and say suspect is in custody

(Newser) - Update: This file has been updated with the plane landing. A small airplane that circled over a Mississippi city for hours on Saturday morning while the pilot threatened to crash the aircraft into a Walmart store has landed safely in a field, the FAA reported. Gov. Tate Reeves tweeted that...

Walmart Broadens Abortion Coverage for Employees

Retailer also expands benefits for fertility services, in vitro fertilization, adoptions

(Newser) - Walmart, the nation's largest employer, is expanding its abortion coverage for employees after staying largely mum on the issue following the Supreme Court ruling that scrapped a nationwide right to abortion. In a memo sent to employees on Friday, the AP reports, the company said its health care plans...

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