Walmart's E-commerce Surge, New CEO, & AI Delivery

Walmarts Q3 earnings soar with 27% online sales surge, driven by in-store pickup, delivery services, and third-party marketplace. The company is moving its stock listing to Nasdaq, signaling a focus on technology and omnichannel approach. John Furner, currently head of Walmart U.S., will succeed Doug McMillon as president and CEO. Walmart plans to test dynamic delivery windows for online shoppers this holiday season, providing precise delivery estimates down to the minute. Internationally, e-commerce sales were up 26% in Q3, with Sams Club also seeing a 22% increase in online revenue.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.