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Yahoo
29 minutes ago
- Yahoo
Why Walmart Just Opened 'Dark Stores' You Can't Shop In
Walmart has launched a bold new retail experiment, and customers aren't invited inside. The retail giant is testing "dark stores," which look like regular stores on the outside but are closed to the public. Instead, they serve one purpose: fulfilling online orders as quickly as possible. Bloomberg reported that the first of these hidden-in-plain-sight warehouses just opened in Dallas, with another planned for Bentonville, Arkansas, Walmart's hometown. More locations are expected to follow as the company ramps up efforts to compete with Amazon and meet growing demand for lightning-fast delivery. These dark stores carry Walmart's most in-demand items, streamlining the process of getting products from shelf to doorstep. Unlike traditional stores or massive distribution centers, dark stores are designed for speed. By eliminating foot traffic and optimizing layouts for employees and delivery drivers, they allow Walmart to reach more homes faster and more efficiently. Walmart previously dabbled in dark stores during the mid-2010s and throughout the pandemic but shut them down as shopping habits with e-commerce surging again and customers increasingly paying for faster delivery, the retailer is bringing the concept back with a modern twist. These smaller-scale fulfillment hubs will amplify the reach of both its neighborhood stores and larger regional warehouses. The initiative is part of a larger digital transformation. Walmart has invested billions into online operations, expanded its marketplace for third-party sellers, introduced services like pharmacy delivery, and adopted automation for picking and packing orders. Executives expect the online business to hit profitability this year. While Amazon has long dominated the race for fast shipping, Walmart's infrastructure and deep pockets give it a unique edge. By turning dark stores into a nationwide network of fulfillment engines, Walmart is betting that convenience—not just price—is what will keep customers coming back. In a retail landscape that's evolving at warp speed, these behind-the-scenes stores may soon become the secret weapon in Walmart's quest to win the delivery Walmart Just Opened 'Dark Stores' You Can't Shop In first appeared on Men's Journal on Jun 24, 2025
Yahoo
30 minutes ago
- Yahoo
Walmart Workers Vanish Overnight and Employees Sound the Alarm
Walmart employees are sounding the alarm as sudden staffing cuts sweep through stores nationwide, reportedly driven by changes to immigration work authorizations and legal uncertainty. Multiple staffers have taken to social media to share that coworkers have disappeared from schedules overnight—sometimes in double-digit numbers, the Daily Mail reported. One Reddit user claimed their location lost 10 employees with work visas. Another reported 40 departures at a 400-person store, forcing older workers and managers to stretch themselves thin just to keep shelves stocked. 'Most of our older floor associates are constantly asking for help,' one employee wrote. 'It's not really ideal.' The staffing drop comes as Walmart, the largest private employer in the U.S., moves to comply with a Supreme Court ruling that abruptly ended a temporary work program. The program had shielded over half a million migrants from deportation and granted legal work authorization until the court reversed course in late May. Retail law experts say the ruling left companies like Walmart in a bind. While the government hasn't provided clear lists of impacted workers, federal filings have stated that companies are responsible for removing unauthorized employees, even if their status was revoked suddenly. "Employers like Walmart have no choice but to stop employing workers who lack US work authorization," immigration attorney Loren Locke told Daily Mail. "But it is tricky to comply when they have a large number of current employees whose work permits are getting cancelled prematurely." Walmart has reportedly told managers in Florida and Texas to review HR files and reverify work eligibility for employees tied to the now-defunct identifying those workers isn't simple. The program falls under the same visa classification as others still in effect, making it difficult to isolate affected staff. The company has not publicly commented, but lawyers warn that this situation exposes the need for smarter employee tracking and support systems. 'We're not talking about people trying to bend the rules. These are employees who've done everything right,' said Los Angeles trial attorney Jamie E. Wright. No, these employees who followed every rule are finding themselves out of a job. As customers walk into understaffed stores and employees work overtime to cover the gaps, many are wondering what Walmart's next move will be and whether it will come fast Workers Vanish Overnight and Employees Sound the Alarm first appeared on Men's Journal on Jul 1, 2025
CNBC
31 minutes ago
- CNBC
Jim Cramer unpacks Tuesday's 'countertrend' market rally
CNBC's Jim Cramer reviewed Tuesday's Wall Street action, suggesting the market is experiencing a "countertrend" rally as investors rotate out of Big Tech and into sectors that have been lagging. "If this countertrend rally continues, so many stocks that sat out the first half will keep running, while this year's big winners go through a temporary cooling off period," he said. While the S&P 500 dipped 0.11% and the tech-heavy Nasdaq Composite lost 0.82%, the Dow Jones Industrial Average gained 0.91%. According to Cramer, some of this action came as a result of President Donald Trump's tax and spending bill, which could bode well for the housing market. The Senate passed the megabill on Tuesday. However, it is now headed back to the House, where it is certain to face scrutiny. A number of GOP lawmakers are wary of the bill because of its potential to increase the U.S.'s deficit, which is already substantial. Cramer said the bill's victory in the Senate helped propel housing stocks, certain retailers and banks. But some of the rally was "nothing more than the left behind stocks playing catch-up," saying drug stocks, for example, "had a rare day in the sun." He picked out a few stocks in these reinvigorated sectors that he feels are "best of breed" in their industries. For housing, he pinpointed Toll Brothers, saying the high-end homebuilder put up a solid quarter, and it might be poised to do well if wealthier consumers receive tax breaks. He said he liked retailers Home Depot and Kontoor Brands, which owns Wrangler and Lee jeans. According to Cramer, Home Depot usually works in the long term, praising the retailer's ability to reinvent itself. He said he's positive on Kontoor Brands in part because of its recent acquisition of Helly Hansen, an outdoor gear brand. Cramer also said there are a number of winners from the first half of the year that are likely to finish out the year much higher, such as GE Vernova, Palantir and Howmet. He told investors to let these stocks cool off and return to them "when the rotation has run its course." However, he said Palantir has taken a "rare dip" and can be bought as soon as Monday. "You are witnessing, or, I hope, participating in, one of the most equal opportunity bull markets I have ever seen," Cramer said. Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest The CNBC Investing Club holds shares of Home Depot and GE Vernova.
