TOPIC

/ company

Walmart

Wal-Mart Stores was founded in 1962 by Sam Walton, and is headquartered in Bentonville, Arkansas. It is the world’s largest retailer, and is controlled by the Walton family. Its supermarkets are branded as Walmart.

Chairman / President

Doug McMillon

CEO / Managing Director

Doug McMillon

CFO / Finance Director

John David Rainey

Industry

Retail

Website

walmart.com

Headquarters address

702 S.W. 8th Street, Bentonville, AR 72716, USA

Stock Code

NYSE:WMT

Year founded

1962

China’s multinationals are falling behind their US peers in profits, despite recording strong revenue. Photo: SOPA Images/LightRocket via Getty Images

China’s private sector

Why has the China-US profit gap widened on the Fortune Global 500?

Despite posting strong revenues, China’s multinationals logged average profits of US$4.5 billion in 2025, just 40 per cent of US counterparts’ figure.

29 Jul 2026 - 8:01PMvideocam

Food and Drinks

Mouthing Off | How the World Cup has given tourists a new perspective on American food culture

16 Jul 2026 - 4:15AM

China consumption

After Beijing’s food-safety warning, will Sam’s Club slow its expansion?

23 Jun 2026 - 11:53AMvideocam

US-China relations

Can China-US breadbasket diplomacy sidestep tension over American’s arrest?

Farm-belt officials from both sides meet as US voters consider issues for midterms and Beijing detains US citizen.

17 Jun 2026 - 10:17PMvideocam

More than 200 Chinese and American agriculture officials, business representatives and academics from the “granaries” of their countries met in China on Tuesday. Photo: Xinhua

Hong Kong economy

Hong Kong shoppers chase bargains despite Sam’s Club food safety probe

Cross-border consumers say low prices still outweigh concerns after state regulator announced it had summoned company representatives.

16 Jun 2026 - 10:43AM

China consumption

China summons executives of Walmart-owned Sam’s Club over ‘food-safety issues’

Members-only supermarket chain urged to ‘strictly fulfil’ its corporate responsibilities.

15 Jun 2026 - 7:43PM

US-China tech war

US chipmakers in China see revenue rise, defying trade tensions: Hurun list

American semiconductor firms saw a significant boost in sales from the mainland, as a top list shows which are leading the gains amid high-end silicon demand.

25 May 2026 - 11:03PMvideocam

United States

US jobless claims fall as lay-offs remain low despite economic uncertainty

Despite historically low lay-offs, the labour market appears to be stuck in what economists call a ‘low-hire, low-fire’ state.

21 May 2026 - 9:03PM

US, Israel war on Iran

Iran war is tearing polyester fabric of fast fashion – and shoes could be next

Conflict-driven oil price spikes are straining Asia’s polyester supply chain, threatening higher costs for firms like Zara and H&M.

25 Apr 2026 - 3:18PMvideocam

Board of Control for Cricket in India

US investors bet big on Indian cricket with billion-dollar deals for 2 IPL teams

Rajasthan Royals and champions Royal Challengers Bengaluru sold within hours of each other, highlighting allure of India’s national pastime.

27 Mar 2026 - 8:00AM

Reigning Indian Premier League champions Royal Challengers Bengaluru were bought by a consortium that includes US billionaire David Blitzer’s Bolt Ventures and American asset manager Blackstone. Photo: Reuters

Mainland China

Exclusive | Singapore-headquartered GLP eyes 50% rent surge as China demand fuels growth

Firm will ride Beijing’s push for domestic demand by expanding logistics, data centres and renewable energy capacity, GLP China CEO says.

19 Mar 2026 - 5:00PM

A solar farm built by GLP on a fishery site in Suzhou, eastern Jiangsu province. Photo: Handout

US-China trade war

What next for China’s export machine after top US court blocks Trump’s tariffs?

The high-stakes meeting between Trump and Xi may determine whether current reprieve gives way to a more durable trade deal, analyst says.

23 Feb 2026 - 8:00PM

Retailing

Sam’s Club cracks China market formula even as foreign retailers shut shop

The warehouse retailer opened 10 new stores in 2025, accelerating expansion in smaller cities like Zhangjiagang and Yangzhou.

17 Feb 2026 - 12:30PM

Crime

Guthrie family not suspects in Arizona kidnapping, sheriff confirms

Two weeks since the abduction of Nancy Guthrie, police said Today show host Savannah Guthrie and her family ‘are victims, plain and simple’.

17 Feb 2026 - 8:07AM

Today show host Savannah Guthrie, left, and her mother Nancy Guthrie. Courtesy NBC / Today / Handout via Reuters

US-China trade war

At America’s biggest retail show, the China question never really goes away

Tariffs may ebb and supply chains may detour, but US shoppers – and giants like Walmart and Amazon – still rely heavily on Chinese goods.

24 Jan 2026 - 3:14AMvideocam

Artificial intelligence

Alibaba’s upgraded Qwen chatbot app receives warm consumer reception

Qwen’s upgrade transforms the chatbot into a virtual ‘life assistant’, making lives easier for hundreds of millions of consumers.

16 Jan 2026 - 5:45PM

Diversity and inclusion

Mattel adds autistic Barbie to doll line devoted to showcasing diversity

The toy firm said it developed the autistic doll over more than 18 months in partnership with the Autistic Self Advocacy Network.

13 Jan 2026 - 5:34AM

Robotics

China’s Noetix debuts ‘family-friendly’ US$1,400 humanoid robot

The Bumi model signals the ‘entry of humanoid robots into the consumer market’, the company says.

23 Oct 2025 - 6:00PM

The Noetix Bumi is priced at about US$1,400. Photo: QQ.com

Robotics

China’s Unitree Robotics unveils latest humanoid ahead of US$7 billion IPO

The firm’s latest creation comes as it prepares for a mainland listing, underscoring China’s growing edge in humanoid robotics over global rivals.

20 Oct 2025 - 8:45PM

Artificial intelligence

Walmart and OpenAI team up to bring shopping to ChatGPT

US retailer’s latest push to incorporate AI will allow its customers to shop directly on ChatGPT.

15 Oct 2025 - 10:02AM

Robotics

Unitree robots from China briefly appear on Walmart, highlighting robotics gap

The listings mark the first time Chinese humanoid and quadruped robots have been featured on a major US retail platform.

10 Oct 2025 - 6:30PM

A Unitree G1 humanoid robot performs in the company’s exhibition hall in Hangzhou, April 23, 2025. Photo: Xinhua

Food and Drinks

‘Never seen a single item sell like this’: Dubai chocolate craze takes over

From Walmart shelves to Costco cakes to croissants and pancakes, Dubai chocolate is turning up all over as brands get creative.

8 Oct 2025 - 6:15PM

A Dubai chocolate cake at a bakery in Berlin, Germany. The creativity of brands, big and small, continues to fuel the popularity of the Middle Eastern confectionery craze. Photo: AFP

Electric & new energy vehicles

‘Affordable’ Model Y and 3: Tesla drops Steve Jobs turtleneck for Walmart hoodie

Analysts are disappointed as the new cars are only about US$5,000 cheaper than the next-level trims of the models.

8 Oct 2025 - 9:56AM

Consumers

China’s grocery giants use Aldi tactics to lure frugal shoppers

Walmart, Wumart and Alibaba’s Freshippo are streamlining their sprawling hypermarkets and pushing their own ‘private label’ lines.

30 Sep 2025 - 11:57AM

Hong Kong society

Opinion | How Hong Kong’s third medical school can reach new healthcare heights

The city can take inspiration from Walmart heiress Alice Walton’s revolutionary vision for a holistic medical school.

30 Aug 2025 - 9:30AMvideocam

US-China trade war

How Trump’s China tariffs pushed 2 US retailers to brink of bankruptcy

The trade war hit the businesses hard, though analyst suggests they faced challenges before Washington’s duties.

27 Aug 2025 - 11:23AMvideocam

President Donald Trump in the Oval Office of the White House on August 25. Photo: AP

Sustainability

Can you trust that ‘eco’ label? How to shop sustainably online

There is no single way of knowing for sure whether a product online is sustainable. Experts reveal what to look for on boxes and websites.

23 Aug 2025 - 3:15PM

United States

Trump orders labour statistics official fired after weak jobs report

President wants the head of the US Bureau of Labour Statistics sacked, says Fed chair Jerome Powell should be ‘put out to pasture’.

2 Aug 2025 - 7:39AMvideocam

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Walmart

Why has the China-US profit gap widened on the Fortune Global 500?

Despite posting strong revenues, China’s multinationals logged average profits of US$4.5 billion in 2025, just 40 per cent of US counterparts’ figure.

.css-1pcrwvc{color:#2aa191;}Mouthing Off | How the World Cup has given tourists a new perspective on American food culture

After Beijing’s food-safety warning, will Sam’s Club slow its expansion?

Can China-US breadbasket diplomacy sidestep tension over American’s arrest?

Farm-belt officials from both sides meet as US voters consider issues for midterms and Beijing detains US citizen.

Hong Kong shoppers chase bargains despite Sam’s Club food safety probe

Cross-border consumers say low prices still outweigh concerns after state regulator announced it had summoned company representatives.

China summons executives of Walmart-owned Sam’s Club over ‘food-safety issues’

Members-only supermarket chain urged to ‘strictly fulfil’ its corporate responsibilities.

US chipmakers in China see revenue rise, defying trade tensions: Hurun list

American semiconductor firms saw a significant boost in sales from the mainland, as a top list shows which are leading the gains amid high-end silicon demand.

US jobless claims fall as lay-offs remain low despite economic uncertainty

Despite historically low lay-offs, the labour market appears to be stuck in what economists call a ‘low-hire, low-fire’ state.

Iran war is tearing polyester fabric of fast fashion – and shoes could be next

Conflict-driven oil price spikes are straining Asia’s polyester supply chain, threatening higher costs for firms like Zara and H&M.

US investors bet big on Indian cricket with billion-dollar deals for 2 IPL teams

Rajasthan Royals and champions Royal Challengers Bengaluru sold within hours of each other, highlighting allure of India’s national pastime.

.css-1f6sr3w{color:#727272;}Exclusive | Singapore-headquartered GLP eyes 50% rent surge as China demand fuels growth

Firm will ride Beijing’s push for domestic demand by expanding logistics, data centres and renewable energy capacity, GLP China CEO says.

What next for China’s export machine after top US court blocks Trump’s tariffs?

The high-stakes meeting between Trump and Xi may determine whether current reprieve gives way to a more durable trade deal, analyst says.

Sam’s Club cracks China market formula even as foreign retailers shut shop

The warehouse retailer opened 10 new stores in 2025, accelerating expansion in smaller cities like Zhangjiagang and Yangzhou.

Guthrie family not suspects in Arizona kidnapping, sheriff confirms

Two weeks since the abduction of Nancy Guthrie, police said Today show host Savannah Guthrie and her family ‘are victims, plain and simple’.

At America’s biggest retail show, the China question never really goes away

Tariffs may ebb and supply chains may detour, but US shoppers – and giants like Walmart and Amazon – still rely heavily on Chinese goods.

Alibaba’s upgraded Qwen chatbot app receives warm consumer reception

Qwen’s upgrade transforms the chatbot into a virtual ‘life assistant’, making lives easier for hundreds of millions of consumers.

Mattel adds autistic Barbie to doll line devoted to showcasing diversity

The toy firm said it developed the autistic doll over more than 18 months in partnership with the Autistic Self Advocacy Network.

China’s Noetix debuts ‘family-friendly’ US$1,400 humanoid robot

The Bumi model signals the ‘entry of humanoid robots into the consumer market’, the company says.

China’s Unitree Robotics unveils latest humanoid ahead of US$7 billion IPO

The firm’s latest creation comes as it prepares for a mainland listing, underscoring China’s growing edge in humanoid robotics over global rivals.

Walmart and OpenAI team up to bring shopping to ChatGPT

US retailer’s latest push to incorporate AI will allow its customers to shop directly on ChatGPT.

Unitree robots from China briefly appear on Walmart, highlighting robotics gap

The listings mark the first time Chinese humanoid and quadruped robots have been featured on a major US retail platform.

‘Never seen a single item sell like this’: Dubai chocolate craze takes over

From Walmart shelves to Costco cakes to croissants and pancakes, Dubai chocolate is turning up all over as brands get creative.

‘Affordable’ Model Y and 3: Tesla drops Steve Jobs turtleneck for Walmart hoodie

Analysts are disappointed as the new cars are only about US$5,000 cheaper than the next-level trims of the models.

China’s grocery giants use Aldi tactics to lure frugal shoppers

Walmart, Wumart and Alibaba’s Freshippo are streamlining their sprawling hypermarkets and pushing their own ‘private label’ lines.

Opinion | How Hong Kong’s third medical school can reach new healthcare heights

The city can take inspiration from Walmart heiress Alice Walton’s revolutionary vision for a holistic medical school.

How Trump’s China tariffs pushed 2 US retailers to brink of bankruptcy

The trade war hit the businesses hard, though analyst suggests they faced challenges before Washington’s duties.

Can you trust that ‘eco’ label? How to shop sustainably online

There is no single way of knowing for sure whether a product online is sustainable. Experts reveal what to look for on boxes and websites.

Trump orders labour statistics official fired after weak jobs report

President wants the head of the US Bureau of Labour Statistics sacked, says Fed chair Jerome Powell should be ‘put out to pasture’.

Mouthing Off | How the World Cup has given tourists a new perspective on American food culture

Exclusive | Singapore-headquartered GLP eyes 50% rent surge as China demand fuels growth