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

Walmart mass shooter Patrick Crusius in court in El Paso, Texas in October 2019. Crusius is expected to plead guilty on Monday to capital murder and receive a life sentence with no possibility of parole. Photo: Pool via Reuters

Gun violence in the US

Man who fatally shot 23 at Texas Walmart to plead guilty to murder 6 years on

Patrick Crusius expected to receive life sentence with no possibility of parole for the 2019 racist attack near the US-Mexico border.

21 Apr 2025 - 1:15AM

US-China trade war

Trump extends TikTok deadline, says China is ‘unhappy’ about tariffs

5 Apr 2025 - 8:29AMvideocam

US-China trade war

Apple, Tesla, Walmart among US firms seen hit by Trump’s tariffs on China

3 Apr 2025 - 11:44PM

Millionaires and billionaires

Meet Christy Walton, the billionaire Walmart heiress who funded a political ad

Walmart heiress Christy Walton has entered the political chat: the septuagenarian took out a full-page ad in the NYT asking people to ‘show up, attend your town halls, be civil’ – so who is she?

26 Mar 2025 - 7:00PM

Billionaire Christy Walton just took out a full page “non partisan” advert in the New York Times. Photo: Getty Images

Fame and celebrity

Meet Robby Starbuck, the right-wing, anti-woke activist who took on Walmart

He claims that policies aiming to protect minority or marginalised groups are ‘evil’ and a ‘Trojan horse for pushing leftism’, and has successfully pressured major companies into reversing course.

22 Jan 2025 - 4:00AM

Donald Trump

Meta abandons racial diversity programmes as Zuckerberg woos Trump

The changes come soon after the platform dropped fact-checking on Facebook and Instagram in the US, and mark a further right-wing shift.

11 Jan 2025 - 11:58AM

Religion

Two young nuns, divine one percenters, on why they embraced religious life

They wanted normal lives – a family, owning a home. Then they chose to take religious vows. Two young nuns, a rarity in America, explain why.

2 Jan 2025 - 5:16AM

Sister Seyram Mary Adzokpa in the chapel at the motherhouse of the Sisters of the Holy Family. She officially joined the order in September 2021 at 27. Photo: AP

Alibaba

Alibaba’s Freshippo records 9 straight months of profit, CEO says

The grocery chain has hit a profitability milestone this year, according to CEO Yan Xiaolei, who assumed the role in March.

31 Dec 2024 - 6:00PM

Millionaires and billionaires

7 richest sports team owners: net worths, ranked

The Carolina Panthers’ David Tepper started on Goldman Sachs’ junk bond desk; the Cleveland Cavaliers’ Dan Gilbert founded Quicken Loans; and the Dallas Mavericks’ Miriam Adelson runs Las Vegas Sands

23 Dec 2024 - 5:00AM

E-commerce

Walmart partners with Chinese delivery giant Meituan for speedy service

The world’s largest retailer is partnering up with another Chinese tech firm four months after dumping its stake in JD.com.

17 Dec 2024 - 9:00PM

A Meituan food courier rides an electric bike along a street during a lockdown in Shijiazhuang, Hebei province, on January 15, 2021. Photo: VCG via Getty Images

Christmas

Can AI chatbots really make your Christmas shopping easier?

Generative AI technologies that can give people assistance and advice when shopping online are fast becoming a feature of the e-commerce experience.

8 Dec 2024 - 6:15AM

Technology is shaping the future of shopping with more advanced AI chatbots being employed to help people buy what they are looking for and get the best deals, but it is not perfect yet. Photo: Shutterstock

E-commerce

Temu, Shein branch deeper into selling toys during holiday shopping season

The two popular budget-shopping platforms are looking to win a bigger slice of the global market for toys.

29 Nov 2024 - 4:21PM

Smartphones

Xiaomi asks India to recall antitrust report over commercial secrets

Xiaomi says an investigation report on Flipkart contains sensitive business data on the smartphone firm that was not redacted, sources say.

23 Sep 2024 - 4:34PM

Banking & finance

Explainer | How 5 international brands are growing in China despite spending downturn

Arc’teryx, Adidas, Ralph Lauren, Sam’s Club and Yum China are all growing their China sales, but for different reasons.

22 Sep 2024 - 11:30AM

A woman walks past a store of sporting goods retailer Adidas at a shopping mall in Beijing on March 25, 2021. Photo: Reuters

United States

Gas pipeline near Houston erupts in a towering flame, forcing evacuations

Pipeline explosion in Deer Park, Houston, was sparked by a vehicle hitting an above-ground valve.

17 Sep 2024 - 3:38PM

A pipeline with a giant plume of fire burns on Monday in La Porte, Houston, Texas. Photo: Houston Chronicle via AP

E-commerce

Walmart sells JD.com stake for US$3.6 billion, ending relationship since 2016

The deal comes as a property crisis, market volatility and uncertain job prospects take a toll on consumption in mainland China.

21 Aug 2024 - 3:12PM

China's economic recovery

Mindful China shoppers embrace members-only retailers like Walmart’s Sam’s Club

Some bulk retailers on the mainland have carved out niche roles among shoppers, including bargain hunters from across the border in Hong Kong.

21 Aug 2024 - 9:00AMvideocam

India

Delivered in an instant: India’s quick commerce apps shake up online shopping

There’s no minimum spend, prices are low and orders from apps like Blinkit and Swiggy’s Instamart arrive in a matter of minutes.

17 Jun 2024 - 12:00PM

A delivery rider picks up groceries from a Swiggy warehouse in New Delhi. Swiggy, which launched Instamart in 2020, was a pioneer of India’s quick-commerce industry. Photo: Reuters

Millionaires and billionaires

How Walmart’s discreet heirs make and spend their billions

The billionaire Walmart heirs are collectively worth more than Elon Musk or Jeff Bezos – from Sam Walton to his children, and the late John’s wife and son

11 Jun 2024 - 5:42PM

Celebrity children

Who is Walmart heiress Paige Laurie – and where is she now?

Rumour has it that billionaire Walmart heiress Paige Laurie has tied the knot again – she was spotted sporting a white minidress while in Paris with her fiancé Alexander Ersoff and parents last weekend

7 Jun 2024 - 6:00AM

US-China relations

US should reform China tariffs to target tech transfers, panel hears

Make ‘knowledge-intensive sectors’ a focal point and remove import taxes that offer no strategic value and hit working Americans hard, economist says.

24 May 2024 - 3:59AMvideocam

Economist Mary Lovely of the Peterson Institute for International Economics testifies before the US-China Economic and Security Review Commission in Washington on Thursday.

Hong Kong economy

Exclusive | ‘Retail crisis’ ahead? Megastore Sam’s Club to offer online shopping in Hong Kong

Supermarket chain will roll out an e-commerce service for Hongkongers soon, with free delivery available for purchases of 599 yuan, Post learns.

12 May 2024 - 11:45AM

Shoppers line up to check out items at a Sam’s Club in Qianhai, Shenzhen. The US retailer is planning to launch online shopping in Hong Kong, sources have said. Photo: Eugene Lee

Hong Kong economy

Hongkongers hunt for roast chicken, other bargains at US warehouse store in Shenzhen

Residents catch cross-border buses and sign up for shopping spree tours to visit Sam’s Club outlet in Qianhai, buoyed by bargain prices and strong Hong Kong dollar.

10 Jan 2024 - 12:17AMvideocam

Banking & finance

Exclusive | Hong Kong, Greater Bay Area to fuel US$50 million decarbonisation fund

Twynam Funds Management, an asset-management company owned by one of the richest families in Australia, is looking for investment targets in Hong Kong for a new fund focused on cutting carbon emissions.

3 Jan 2024 - 9:55AM

Bangladesh garment industry

Opinion | Bangladesh garment worker protests make clear price of fast fashion

It’s time for introspection and change, from the global conglomerates, rich countries that are the consumer havens for fast fashion, and customers alike.

13 Dec 2023 - 5:30AMvideocam

Bangladesh police stand guard as garment workers demand higher salaries in Dhaka on November 2. Photo: AFP

Fame and celebrity

Who is Sofia Vergara’s ‘hot’ 32-year-old son Manolo Gonzalez Vergara?

Manolo Gonzalez Vergara is the 32-year-old son of Sofia Vergara and her childhood sweetheart Joe Gonzalez – here’s what we know about the actor, cook and entrepreneur

14 Nov 2023 - 7:00PM

Actress Sofia Vergara and her son Manolo Gonzalez Vergara at the People’s Choice Awards in 2017. Photo: FilmMagic

Bangladesh

Fashion brands face higher costs as Bangladesh workers get almost 60% pay hike

Following a week of deadly clashes between garment workers and police over pay, the government announced a 56.25 per cent wage hike starting on December 1 – the first increase in five years.

8 Nov 2023 - 3:45PMvideocam

Bangladesh

Striking Bangladesh garment workers clash with police as factories reopen

Clashes broke out after thousands of workers attempted to prevent their colleagues from returning to their shifts. Workers say an increase in living costs has left them struggling to provide for their families, and are demanding a pay-rise.

4 Nov 2023 - 6:03PMvideocam

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