Walmart

Walmart to pay $10 million to settle lawsuit over cash switch fraud

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Walmart to pay million to settle lawsuit over cash switch fraud

Walmart has agreed to pay $10 million to settle a Federal Trade Commission civil lawsuit accusing the world’s largest retailer of ignoring warning signs that fraudsters used its money transfer services to fleece consumers out of hundreds of millions of dollars. The settlement was filed on Friday in Chicago federal court, and requires approval by … Read more

Walmart talks tariffs, value will increase at annual assembly

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Walmart talks tariffs, value will increase at annual assembly

BENTONVILLE, ARK. — As tariffs drive prices higher, Walmart unveiled its latest efforts to woo new and younger shoppers — including a fresh advertising campaign, a clothing brand designed for tweens and drone deliveries in more cities. The moves, which the retail giant’s leaders announced this week, illustrate how the discounter sees opportunities to grow … Read more