Tag - Walmart
Apple has risen from fifth place to third in Fortune's rankings of the top 500 corporations in the US, ending a two-year run at fifth place, and now trailing only Walmart and Exxon Mobil. This year, Apple move pushed Chevron and financial firm Berkshire Hathaway down to fourth and fifth. While Apple was out-earned by both Walmart ($482.1 billion) and Exxon ($246.2 billion), it remains the most profitable publicly-traded company in the world, with profits of $53.4 billion -- more than Walmart and Exxon's annual profits combined.
Walmart has started to make its attempt at a mobile payments service available for customers to use, with close to 600 stores in two states set to start offering payment of groceries via an app. More than 480 Walmart stores in Texas and over 110 retail locations in Arkansas are now able to use Walmart Pay, updated in the retailer's iOS app last month, to make payments at the checkout without having to access cards from a wallet or purse.
Walmart is finally rolling out its competitor to Apple Pay to its mobile app, making it one of the last few major retailers to offer some form of mobile-based payment system in its stores. Walmart Pay will allow customers to register their credit, debit, and gift card details to an account in the app, which can then be used to make payments at the checkout at the retailer's stores across the United States, though when individual stores will gain the ability to accept the payments remains unknown.
Walmart is continuing its ongoing avoidance of supporting Apple Pay, by launching its own rival mobile payment service for use in its retail outlets. Running within the current Walmart app, Walmart Pay will let customers pay for goods at the checkout in stores using their smartphone, with payment extracted from any major credit, debit, pre-paid, or Walmart gift card linked to the account via the app.
Today is going to be replete with deals. Since Walmart and Amazon aren't so nice as to have mostly all-day sales. Instead of being witty and talking about what something is, and what it isn't, we're going to do a bulleted list, with stop times as best as we can find them. Every so often, we'll check what's still available, pop in new deals, and bump this to to the top and label a time for an update so you've got an idea about relative freshness. And we're done here! This final frequent update is at 3:30 PM EDT, but we may still add as the day goes on, just with less fanfare.
Walmart has commenced sales on the Vudu Spark video streamer on its website, in addition to 2,500 stores US-wide. The HDMI dongle is, as expected, a one-feature device intended only to provide streaming content from the Walmart Vudu service powered by a USB port, controlled by a dedicated remote control. Connectivity is through 802.11n Wi-Fi. Resolutions supported include 1080p 60Hz, with the addition of 7.1 surround sound audio.
Virgin Mobile has become the first prepaid carrier in the United States to offer no-contract data sharing plans. The "Data Done Right" plans, going on sale from tomorrow though Walmart, will provide LTE data on Sprint's cellular network to multiple lines under the same prepaid account, along with unlimited calls and unlimited texts across all lines.
Walmart stores will soon offer price matching against Amazon product listings, in time for the holiday shopping period. Managers at the retailers stores have been informed of the policy change, formalizing a practice already being conducted at half the stores according to Reuters, with the ultimate aim of encouraging customers to continue visiting its stores rather than shopping online.
Walmart will be including Apple products in three different US Black Friday sales "events," the retailer has announced. The first event, actually scheduled for November 27 starting at 6PM local time, will include a 16GB non-Retina first-gen Wi-Fi iPad mini for $199 ($50 less than Apple's price), bundled with a $30 gift card. Customers also be able to buy a set of Beats Wireless headphones for $149, $130 below normal retail price.
Walmart is preparing to launch a streaming HDMI dongle, similar to the Google Chromecast, Amazon's Fire TV Stick, and the Roku Streaming Stick, according to an FCC filing. The Vudu Spark is similar in shape and size to its competition, connecting directly to the HDMI port on a television, though it is unclear if it will have the same level of utility as other devices.