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America’s largest brick-and-mortar retailer is partnering with the country’s most prominent AI firm in the clearest signal yet that companies are hoping to boost their sales with artificial intelligence-assisted shopping tools. Today, Walmart and OpenAI announced a new partnership that will allow ChatGPT users to buy Walmart products directly from within the chatbot itself. Here’s what you need to know about the news, and how Walmart’s stock price is reacting. The Walmart-OpenAI deal explained Today, retail giant Walmart Inc. (NYSE: WMT) announced a major new deal with ChatGPT maker OpenAI. The deal will see the artificial intelligence firm’s chatbot gain t…
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Earnings are in for two of the largest retailers, and they paint two very different pictures. Walmart, which has seen success in an economy where consumers are cutting back on spending and turning to budget retailers, now seems to be in a downturn, having just announced layoffs as it stocks falls. Meanwhile, Target, which was struggling a year ago amid a cost-of-living crisis and rising tariffs, and following consumer boycotts over a DEI rollback, seems to have hit reverse—with sales and stock price in an upswing. What’s happening with these two retailers? Here’s what to know. Walmart looks at impact of soaring gas prices On Thursday, Walmart reported s…
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No, it’s not April Fools’ Day, but despite some erroneous reports that Walmart will be closing at least 11 stores across multiple states in 2025, Walmart says it will not be closing any of its stores this year. “There are no current plans to close any stores in 2025,” a spokesperson for Walmart told Fast Company. “The erroneous claim originated from a late March US Mirror story, and that article was updated following our call to the editors for a correction. Unfortunately, other outlets have incorrectly reported the store closures without checking with our team, leading us to seek corrections from them as well.” Some of those news outlets included MSN and The Huds…
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It’s a bird. It’s a plane. It’s the next phase of expansion planned by Walmart and drone company Wing. The companies plan to roll out additional locations for drone delivery in metropolitan hubs like Los Angeles, St. Louis, Cincinnati, and Miami this year in what they call “the next chapter of the world’s largest drone delivery expansion.” This expansion adds to the 100 stores already planned in metro areas like Orlando and Houston. The drones are expected to start flying in the latter city this week. The expansion will increase Walmart and Wing’s network to more than 270 locations across the country in 2027. “Whether it’s a last-minute ingredient for dinner o…
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If you’ve ever flipped over a Walmart snack or frozen pizza to check the ingredients list, the company’s about to make that label a whole lot cleaner. The retail giant just announced it’s giving its U.S. private food brands a major makeover, cutting out synthetic dyes and dozens of other additives you probably can’t pronounce. Altogether, the retailer is removing synthetic dyes and 30 ingredients from store brands including Bettergoods, Freshness Guaranteed, Great Value, and Marketside. Artificial sweeteners, certain preservatives, and fat substitutes are among the ingredients being phased out. The full list of every synthetic dye and ingredient being removed is …
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Retail giant Walmart Inc has confirmed that it will eliminate some jobs. However, the affected positions will not impact the company’s retail staff, which makes up the overwhelming majority of its 1.6 million-strong U.S. workforce. Here’s what you need to know about Walmart’s latest round of layoffs. What’s happened? On Tuesday, the Wall Street Journal reported that Walmart would lay off or relocate around 1,000 members of its corporate workforce, citing people familiar with the situation. Walmart has now confirmed to Fast Company that it is eliminating some roles, without specifying the exact number of positions to be cut. A company spokesperson provided …
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It’s a historic day for both Walmart and the Nasdaq. Today, America’s largest brick-and-mortar retailer begins trading on the Nasdaq after its shares spent over half a century on the New York Stock Exchange (NYSE). Here’s what you need to know about Walmart’s move to the Nasdaq. What’s happened? A week before Thanksgiving, Walmart announced that it would transfer its common stock listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market. The move is historic for a few reasons. The first is that Walmart (Nasdaq: WMT) shares have traded on the NYSE since 1972—the last 53 years. Walmart went public in 1970, but traded on over-the-cou…
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Major changes are afoot behind-the-scenes at Walmart. The retailer is cutting hundreds of jobs and shuttering its North Carolina office. Employees from certain locations are also being asked to move to its newly opened headquarters in Bentonville, Arkansas, and other central hubs. News of the shake up was first reported by Fox Business after Walmart Chief People Officer Donna Morris sent a memo detailing the cuts and other changes to employees. “We are making these changes to put key capabilities together, encouraging speed and shared understanding,” the memo, viewed by Fox read. “Through this review process, we have eliminated some roles as we streamline how we work…
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If it seems like Black Friday deals, and holiday shopping in general, is starting earlier and earlier, you’re right. Just in time for, um, Halloween, both Walmart and Best Buy have announced plans for their 2025 Black Friday and Cyber Monday sales. Black Friday, always the day after Thanksgiving, falls on Friday, November 28 this year. Deals generally continue through that weekend into Cyber Monday, which falls on December 1. However, in recent years, many retailers have jump-started the sales some two, or even three weeks leading up to Thanksgiving. And this year is no different. Here’s what to know. When do Walmart’s Black Friday deals start? The …
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There’s a good chance you have a Great Value product in your home right now: perhaps chicken nuggets in the freezer, or paper towels on your counter. The brand (Walmart’s largest private label, which launched in 1993) turns up in 9 out of 10 American households. By Nielsen’s count, that makes it the largest consumer packaged goods brand in the United States—bigger than Coca-Cola and Pampers. Until now, Great Value’s packaging has been designed to telegraph low prices: Walmart estimates that these products save the average family more than 35% annually compared to national brand equivalents. Its white background, blocky letters, and straightforward blue logo were meant…
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You might think of Walmart as America’s quintessential big box store—the place you can get everything from Hanes T-shirts to large screen TVs to cleats for your kid’s soccer uniform. But Walmart isn’t defying shaky consumer confidence because of the breadth of its offerings, which impressively stretches to 120,000 products at most stores. Customers aren’t flocking into stores to buy made-in-America T-shirts, as I wrote about in May, thanks to a novel partnership with American Giant. Or because it is adding more high-end products (at lower prices than you’d find anywhere else), as I covered in October in this profile of its chief merchant Latriece Watkins. Nor is …
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In the 55 years since Walt Disney World first opened its gates, the theme park has undergone plenty of changes—and in many ways, it’s stayed the same. Some attractions from the park’s opening day in 1971 and the decade that followed have cemented themselves as indisputable classics, like Jungle Cruise and The Haunted Mansion (both of which are iconic enough to warrant their own film adaptations). One such ride is Big Thunder Mountain Railroad, which first opened in the Magic Kingdom’s Frontierland area in 1980. The mine train roller coaster went largely unchanged for more than 40 years, before the park announced that it would close in January 2025 for a year-long reno…
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Want a reason to be optimistic? The global food system is showing some green shoots that suggest more sustainable farming practices are on the way. But consumers play an integral role in making that a reality, and the choices they make every time they shop at the grocery store matter more than we may realize. That’s because farmers, companies, and consumers must all work together to create a more sustainable food system, according to Paul Rice, founder of Fair Trade USA, which certifies products to meet standards around fair pricing, safe working conditions, and sustainable farming practices. “We have the ability to vote with our dollars . . . to choose produ…
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Lawrence Cappello is an award-winning professor of U.S. legal & constitutional history at the University of Alabama and a graduate of New York City Public Schools. He is the author of None of Your Damn Business: Privacy in the United States from the Gilded Age to the Digital Age (University of Chicago Press) and a certified information privacy professional (CIPP/US & CIPM). His work on the right to privacy has appeared in The Wall Street Journal, The Atlantic, The Economist, The Hill, and other media outlets. What’s the big idea? In an age of constant connectivity, privacy can feel like a thing of the past—but award-winning professor Lawrence Cappello makes…
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Most people seek career advancement. Moving up the ladder gives you additional opportunities, greater autonomy, more chances to think strategically, a higher level of prestige, and (of course) a bigger paycheck. And at some point, you’re going to feel like it is time for you to get that promotion. So, how do you know whether it is the right time to really push for it? Finding the right timing requires being aware both of your own capacities and the current situation in your organization. The stars have to align for you to be successful in your efforts. Here are three things to consider. 1. Are you ready? If you’re going to really push for a promotion (and not j…
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AI is often sold as the ultimate productivity hack. Just imagine: the report you dreaded writing, drafted in seconds. The spreadsheet you didn’t want to touch, analyzed instantly. The code that once took you days, generated before lunch. For professionals who already struggle with overwhelm and the daily battle to manage their time, AI feels like salvation. At Lifehack Method, where we help clients master time management and build systems for living fulfilling, balanced lives, we see this every day. People are desperate for tools that promise to take the weight off their shoulders. AI seems like the next logical step in that search. There’s no denying the dopamine hit…
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Tell me: Do things like this ever happen to you? You have clarity of purpose. You know what you need. You walk into another room to get it. Then, distraction hits, and you forget entirely what prompted you. Or else, you search the house for your car keys or your glasses, or your wallet. A good 10 minutes later, you realize they’ve been with you the whole time. You sit down to write an article about an intriguing study having to do with memory—if only you could remember what it was. Yes, these are highly personal anecdotes. But like all the best stories, I hope they’re simply the unique expression of universal truths. Perhaps second only to the fear of d…
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After losing an hour of shut-eye, thanks to daylight savings time, sleep is one many people’s minds today. The day after we “spring forward,” people are significantly more tired—and cranky—due to that lost hour of sleep, which disrupts our natural circadian rhythm, increasing the risks of car accidents, strokes and even heart attacks, according to John Hopkins’s Bloomberg School of Health. In honor of Sleep Awareness Week—that elusive thing many Americans just don’t get enough of—we though we would introduce you to the Dutch method for getting a good night’s rest. In the U.S., “sleep hygiene” a popular way to clean up your sleep routine, is a hack that comes…
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If a City is going to operate a multimodal transportation system, then it helps to understand the motivations of people who continue to choose personal cars for their short trips. Bicycle advocates often talk about this in terms of “bike trips not taken” because of a lack of quality infrastructure. Survey after survey shows that many people opt out of cycling because of gaps in the bike lane network, busy intersections to cross, or other real or perceived pain points. And case study after case study shows that when cities create comfortable and convenient bike infrastructure, more people choose to ride bikes. There’s a similar issue with public transportation tha…
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