Walmart

Target to Limit Items in Self-Checkout Lanes to 10 or Fewer

Target is set to limit the number of items that can be purchased in its self-checkout lanes to 10 items or fewer. The change is partially in response to the end of the pandemic, with customers preferring a contactless option. Target will also be opening more traditional lanes staffed by team members. Walmart is also experimenting with changes to their self-checkout lane openings, indicating a broader trend among major retailers.

Walmart’s Generative AI Capabilities Pose Minimal Threat to Google Search

Walmart is experimenting with generative AI to offer a solution-oriented search experience, potentially posing a new ‘threat’ to Google Search. However, the threat is minimal as people heavily rely on Google for multiple purposes. Walmart is establishing itself as an innovator in the field, with plans to save users time by offering a one-stop shopping experience using generative AI capabilities.

Controversy over New York Times article on Walmart’s management practices

The New York Times article on Walmart’s management practices has sparked controversy for its favorable portrayal of the company. Critics argue that the article fails to address recent examples of alleged discrimination and labor violations, including a disability discrimination lawsuit and numerous cases involving the National Labor Relations Board.

Walmart’s Changes to Self-Checkout Process

Walmart is making changes to its self-checkout process, restricting access to Walmart+ subscribers and Spark delivery drivers at select locations. This move is part of a broader trend among major retailers to enhance security measures and combat shoplifting. The changes may impact the shopping experience for non-subscribers at specific Walmart stores.

Walmart Customers Eligible for Compensation from $45 Million Settlement

Walmart customers may be eligible for compensation from a $45 million settlement resulting from a class action lawsuit alleging overcharging for weighted groceries and bagged fruit. Customers have until June 5, 2024, to submit a claim for payment. Receipt holders could receive 2% of the total cost, while non-receipt holders may claim between $10 and $25.

Walmart accidentally reveals next Pokémon Squishmallow: Dragonite

Walmart accidentally reveals the next Pokémon Squishmallow, Dragonite, which will join the collection soon. The 10-inch plush will retail at $14.97, and fans are eager to get their hands on it. The accidental reveal has sparked excitement among Pokémon fans, prompting discussions about which Pokémon they would like to see made into the softest, squishiest toys.

Walmart Shopper Calls for Change in Self-Checkout Policy

Walmart shopper expresses frustration with self-checkouts, calls for change. Pete Emslie’s dissatisfaction sparks debate over reliance on self-checkout machines and lack of available cashiers. Other customers also voice discontent, advocating for traditional face-to-face service.

Key Business Events and Economic Indicators Ahead

Get ready for a week of key business events and economic indicators, including Walmart’s earnings report, the Federal Reserve’s minutes, and the U.S. home sales report. These events will offer valuable insights into the retail sector, monetary policies, and the housing market, providing crucial information for businesses and investors.

Walmart in Talks to Acquire Vizio’s TV Business for $2 Billion

Walmart is reportedly in talks to acquire Vizio’s TV business for $2 billion, potentially positioning itself as a rival to Roku and Amazon in the affordable smart TV market. The acquisition could grant Walmart access to Vizio’s customer data and revenue stream from personalized ads and subscription fees. This move comes as Roku and Amazon have been expanding their smart TV offerings, with Walmart already active in the advertising space. If the deal goes through, it could reshape the competition in the smart TV market.

Walmart to Close Store in Columbus

Walmart has announced the closure of its store located at 3579 S. High St. in Columbus, situated in the Great Southern shopping center. The decision, as stated by the company, follows a comprehensive review process and is attributed to the…