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Fake news claiming Walmart would accept cryptocurrency surges prices

Cryptocurrency Litecoin saw a sudden surge in price on Monday after a press release claimed Walmart began accepting it for payment — this turned out to be fake. The release, published through a legitimate press channel, claimed that Walmart would accept the currency through all its digital stores. Walmart later told US media outlets the […]

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World

Two Black men sue Walmart over racial discrimination, false arrest while trying to return defective television

Two Black men stepped into a Texas Walmart last year expecting to exchange a defective 58-inch television one of them purchased. Instead, their September 10, 2020, trip to the Walmart in Conroe, Texas, led to theft accusations by white employees against Dennis Stewart and Terence Richardson, according to a federal lawsuit filed on Thursday in […]

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World

United States sues Walmart for helping fuel America’s opioid crisis

The United States Department of Justice filed a lawsuit against Walmart alleging that the retail giant filled “thousands of invalid prescriptions” for powerful painkillers, helping fuel America’s opioid crisis. Walmart runs more than 5,000 pharmacies across the country. Until 2018, the chain was a wholesale distributor of controlled substances for its own pharmacies, giving it […]

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Insane

Man takes out brass knuckles after he was asked to wear facemask at Walmart store

Even though medical professionals urge people to wear masks and maintain social distancing to prevent them from contracting the severe Covid-19, months after the pandemic some refuse to comply. There have been quite some number of incidents so far. In a recent incident in Ohio, United States a person was arrested for taking out brass […]

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World

Walmart stores in United States remove guns and ammunition from display citing ‘civil unrest’

Walmart has removed gun and ammunition from display in thousands of its stores in the United States, citing concerns of “civil unrest”. Customers will still be able to buy guns and ammunition on request. It is not yet known how long firearms will be removed from the sales floor. Walmart sells firearms in around half […]

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Business World

Walmart to team with Microsoft in bid for TikTok’s US operations

US retail giant Walmart will team up with Microsoft to make a bid for the US operations of TikTok. Walmart hopes the deal with a deal with the Chinese video-sharing app, in partnership with Microsoft, would help it expand its operations. TikTok has been given 90 days to sell its US arm to an American […]

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Uncategorized

India’s largest e-commerce firm Flipkart suspends services amid national coronavirus lockdown

Walmart Inc’s Flipkart has suspended services, a notice on the Indian e-commerce firm’s website said on Wednesday, as India began a 21-day lockdown to fight the spread of the coronavirus pandemic. Prime Minister Narendra Modi ordered the lockdown from Tuesday midnight, but a federal government advisory suggested exempting e-commerce deliveries of essentials such as food […]

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Insane

Texas man jailed, fined for licking ice cream tub and putting it back in the freezer

A 24-year-old man in Texas who filmed himself licking an ice cream tub and putting it back in the freezer of a Walmart supermarket was sentenced to 30 days in jail. He was also fined USD 1,000 (over RS 74,000), according to US media reports. He began serving his jail term immediately after being sentenced. […]

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Insane

Coronavirus prank in Illinois Walmart results in $10,000 loss

Two teens have been charged after pulling a costly coronavirus prank at a Walmart in Joliet, Illinois, according to police. Tyler D. Wallace, 19, walked into the Walmart wearing a handmade sign on his back that said “Caution I have the coronavirus.” Wallace put on a yellow medical mask and began spraying Lysol on products and produce, police say. Wallace turned […]

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Business

Walmart begins to wind up physical presence in India, fires third of its executives

Walmart Inc. has fired a third of its top executives as it is planning to wind up its physical presence in India. The world’s largest retailer plans to halt new-store expansion in India and will continue to cut staff, said the Economic Times, reported. The executives already sacked include vice presidents across sourcing, agri-business and […]

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Insane

Pennsylvania police launch investigation into bed bug infestation at Walmart

The Pennsylvania State Police are investigating a bed bug infestation at a Walmart store in Edinboro. According to the Daily Mail, a manager at the hypermarket outlet found a closed pill bottle with live insects crawling inside and reported it to authorities. The bottle with the bugs was found inside a boy’s jacket left in the […]

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Business

Amazon races ahead Flipkart in India

Amazon overtook Flipkart in India for the FY18. Barclays reported that Amazon’s Gross Merchandise Value (GMV) was US$7.5 billion compared to Flipkarts US$ 6.2 billion, for the calendar year ending 31st March 2018. Flipkarts data is inclusive of Myntra and Jabong. However in terms of revenue Flipkart is still leading Jeff Bezos’s Amazon. Flipkart’s revenue […]