Walmart Bets Big on Worker Pay, New Tech to Boost Stores
• Making major investments in technology and inventory to move into new businesses and alter the customer experience • Increasing pay for some workers, with store managers now averaging $128,000 a year • Implementing a 3-for-1 stock split to make shares more accessible to employees • Announcing new AI and drone delivery initiatives, though rollout will be gradual • Introducing in-store samples and tweaks like turning down lights to draw customers back to physical stores