Star-studded lineup: On Friday, Walmart wowed the crowd of shareholders and associates from Sam's Club, Walmart US, and Walmart International, including employees from China for the first time in four years, with quite a few A-list celebrities. The right size packaging is also expected to allow the company to put more boxes in trucks and thus reduce miles for shipping. However, unlike Amazon, there are no incentives, like credits, to encourage customers to make the "sustainable" choice.Īs a result of the switch, Walmart will eliminate over 2,000 tons of secondary plastic packaging and 65 million plastic bag mailers once the switch rolls out through the end of this fiscal year. It is also giving customers the option to opt out of bags for pickup orders and the option to consolidate shipping orders, as Amazon ( AMZN) does. Going greener: Walmart is moving from plastic to recyclable paper mailers and using technology to get the size of cardboard packaging right. (Photo taken by Brooke DiPalma/Yahoo Finance) From left to right, Karisa Sprague, Walmart supply chain SVP, Jennifer McKeehan, Walmart end-to-end delivery SVP, and Jane Ewing, Walmart sustainability SVP. Walmart introduced new packaging, moving away from plastic mailers as it boosts itself as an omnichannel network. The proposals ranged from a "Communist China Risk Audit" and limiting contributions made by Walmart's PAC to requesting a "Racial and Gender Layoff Diversity Report." No dice: There were nine shareholder proposals - they all failed. Walmart's wholesale retailer Sam's Club uses the Converse tool for its AI digital assistant, "Ask Sam," which allows employees to ask questions and translate languages, among other tools. You don't have to have a data science degree."īhardwaj said the question employees are asking is, "How can I make my job easier and apply that across the entire company?" Then, once the shopper places the phone in its basket, the shopping assistant will ask if they also want a durable case.Ĭonverse was introduced back in 2020, but the world is more aware of it now thanks to ChatGPT, which Cheryl Ainoa, Walmart's EVP of new businesses and emerging tech, called a "tipping point." She added: "The reason is it brought the ability to engage with the AI to anybody. Compared to a year ago, Walmart stock is up more than 14%.įor example, a shopper can say, "I'm interested in looking for a cell phone for a 10-year-old," then chatGPT will unveil four criteria when buying a cell phone for a 10-year-old, such as safety and parental controls.
Said the CEO: Walmart is "trying to work hard right now, as we have been for quite some time now, with our suppliers to get our prices down." McMillon was bullish, though: "We think the company's positioned to succeed regardless of the environment." To keep ahead of the competition, Walmart aims to cut prices in an environment where mega companies have been accused of over-charging to jack up profits. Price-cutting: CEO Doug McMillon told shareholders that some relief may be on the way for its customers. Why the concern? "Consumer wallets are squeezed and that's affecting.what they're purchasing," said Rainey. "We want to make sure that we are addressing not only the need to maximize revenue and profits but also looking at our balance sheet as well, making sure that we have access to capital at the lowest possible cost, which we did when we entered the market earlier this year," he added. Its custom gameboard showcases themes, locations, and objects that all fans of The Mandalorian will be familiar with, like the Tracking FOB, the Razor Crest cockpit and the Razor Crest storage bay.CFO John David Rainey called the practice "part of our normal planning process" in a Q&A during the shareholder's meeting, saying, "We consider a range of possibilities, economic environment." Participants will race around the board purchasing and trading objects collected from The Child's adventures, as well as buying and selling hideouts and common houses. You'll play as different versions of Baby Grogu, aka The Child, represented by humorous tokens posed like frog-eating, demonstrating the Force, sipping a cup of broth, and sitting peacefully in its Hoverpram.
So how about two old-fashioned tabletop diversions that you can keep company occupied with until at least New Year's Day?įor Cyber Monday and continuing into the week, the iconic family board games of Monopoly and Trouble come with a geeky Star Wars twist at Walmart, where Monopoly: Star Wars The Child is half-priced at $10.00, and Trouble: Star Wars The Mandalorian Edition was $14.99 and is now just $11.24.įirst up, this special Monopoly game is inspired by The Mandalorian on Disney Plus. The holiday season is an ideal time to break out the classic board games while friends and loved ones gather.
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