Home

Tags

WALMART

WALMART news and archive

Tia Mowry launches haircare line exclusively at Walmart

Actress Tia Mowry has partnered with synthetic biotechnology company Amyris to launch a natural haircare range that celebrates curls. 4U by Tia Mowry is exclusive to Walmart and will be sold in more than 2,800 stores in the US, as well as on the retailer’s website and via the direct-to-consumer website 4UbyTia.com. The haircare line launches...

7 Feb 2023

Business

Walmart lifts US wages in stores again amid tight labor market

Walmart announced Tuesday it will again raise pay for hourly staff, an indication of persistent tightness in the labor market for front-line employees despite layoffs in the tech sector. The retail giant, the biggest private employer in the United States, is boosting the pay range at US stores to between 14 and 19 dollars an hour from the prior...

25 Jan 2023

Retail |Beauty

Pardon My Fro to debut haircare line at Walmart

Pardon My Fro, a fashion and lifestyle brand crafted for women “proud of their hair and their heritage,” is launching its first haircare line exclusively with Walmart on February 13. Founded by entrepreneur and self-taught graphic designer Dana Bly, the six-piece haircare collection features products developed and formulated for hair types up to...

24 Jan 2023

Fashion |In Pictures

Walmart launches inclusive sleepwear and intimates brand

Walmart has unveiled a new inclusive and elevated sleepwear and intimates brand Joyspun, as it looks to continue to evolve and grow its fashion category. Joyspun will replace Secret Treasures, Walmart’s previous billion-dollar private intimates and sleepwear line, which according to the retailer captured the “largest customer base across the...

25 Oct 2022

Retail

Claire’s expands Walmart partnership into additional stores

Claire’s has announced the expansion of its strategic partnership with Walmart, which will see the accessories retailer grow its presence throughout US stores. The retailer will be rolling out its accessories and jewellery offer to more than 1,200 additional Walmart locations. The expansion will see Claire’s become available in over 2,500...

20 Sept 2022

Business

Walmart beats Q2 earnings estimates

US retail giant Walmart has topped analysts’ earnings estimates in the second quarter of the year, which it lowered last month as it warned of inflationary pressures. In the three months to July 29, adjusted earnings per share was 1.77 dollars, just one cent lower than a year ago, and higher than analysts’ estimates of 1.62 dollars, according to...

17 Aug 2022

RetailFeatured

Does America have an inventory problem?

America may be on the cusp of an inventory problem. Research from the Wall Street Journal says the compounding excess of apparel and other stock is filling up US warehouses faster than goods are being sold. As supply chains continue to hinder deliveries, companies are stockpiling to avoid the perils of shipping bottlenecks, which has seen...

4 Aug 2022

Business

Walmart cuts profit guidance amid rising inflation

US retail giant Walmart has lowered its profit outlook for the second quarter and full year as consumers cut back on spending amid rising inflation. It said the decision was “primarily due to pricing actions aimed to improve inventory levels at Walmart and Sam’s Club in the US and mix of sales”. The company said it expects adjusted earnings per...

26 Jul 2022

Business

Halsey to launch second beauty brand through Walmart

Singer-songwriter Ashley Frangipane, professionally known as Halsey, has revealed they will be releasing a second beauty brand, af94, exclusively through Walmart. Alongside colourful staples, such as products for eyes, lips, cheeks and body, the brand will also feature cosmetic accessories such as custom-designed body stickers. The 67 piece line...

19 Jul 2022

Business

Mayvenn secures 40 million dollar funding, expands Walmart partnership

Beauty tech-company Mayvenn has announced it has closed a 40 million dollar Series C funding round, led by Cleveland Ave and with participation from Goldman Sachs Asset Management’s Growth Equity business. Initially starting out as a community for professional stylists, Mayvenn has continued to expand into both an e-commerce platform and a...

14 Jul 2022

Business

Walmart to acquire AR optical tech company, Memomi

US retailer Walmart has announced that it has entered into an agreement to acquire augmented reality (AR) optical technology company, Memomi. The AR-centred firm has worked with Walmart and Sam’s Optical since 2019, via both the retailers’ stores and through e-commerce experiences. It comes as Walmart looks to build on its personalised optical...

30 Jun 2022

Fashion

Walmart launches activewear collection Love & Sports

Walmart has launched a sportswear collection called Love & Sports in collaboration with Michelle Smith, the designer behind Milly, and Stacey Griffith, of SoulCycle. Working with two experienced leaders from the fashion and sportswear sectors gives Walmart the cache it hopes will make its elevated activewear a commercial hit. The collection...

29 Apr 2022