logo
Walmart opens new stores – but not to the public. Here's why.

Walmart opens new stores – but not to the public. Here's why.

USA Today8 hours ago

Walmart is testing some new stores, but you won't be able to shop there.
These new "dark stores" are being tested as a better way to fulfill online orders and are not open to the public. Inside, the stores – the first of which opened recently in Dallas – resemble a typical Walmart store. However, there's no signage, as customers cannot come in, a person knowledgeable about the situation but not authorized to speak publicly told USA TODAY.
The stores do not have Walmart signage, but inside the store has many of the most popular products ordered online by customers, as a way to speed up online order fulfillment, the person told USA TODAY.
JCPenney closing warehouse, laying off nearly 300 workers
Another "dark store" is in the works for Bentonville, Arkansas, the home of the retailer's corporate headquarters, according to Bloomberg, which cited persons familiar with the development in its June 24 story. Walmart is experimenting with the miniature distribution centers to more quickly fill orders from customers who are paying more to get items faster, reported KFSM-TV 5 in Springdale, Arkansas.
"We regularly test new tools, features, and capabilities to better connect with and serve our customers – wherever and however they choose to shop," Walmart said Friday, June 27, in a statement to USA TODAY. "Regardless of the channel, our goal remains the same: to deliver a fast, seamless, and engaging customer experience."
How to cancel that subscription: Why more Americans are dumping monthly payments
The retailer launched its Walmart+ subscription service in 2020 – with unlimited free delivery from stores (on orders $35 or more) – in a move to challenge Amazon Prime. The subscription is priced at $12.95 per month or $98 annually. You can get Walmart+ Assist for $6.47 monthly/$49 annually if you are getting government assistance, including SNAP, WIC and Medicaid.
Amazon Prime, which launched in 2005, had a head start on Walmart+ and has grown to an estimated 186.3 million users in the U.S., up from 171 million in 2022, according to eMarketer, a market research company. Walmart+ has an estimated 34.7 million users, up from 26.5 million in 2022, according to eMarketer.
Walmart uses AI, augmented reality and more drones
In other developments, Walmart on June 24 began rolling out a suite of artificial intelligence tools to help store associates with a real-time multilingual translation feature to help communicate with customers and an augmented reality tool to make it easier to find items within the store.
This expansion in AI and augmented reality came two weeks after Walmart announced plans to expand its drone delivery service to five more major U.S. cities beyond Dallas and Bentonville, Arkansas.
Contributing: Kasey Caminiti, Natalie Neysa Alund and Kathryn Palmer

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Cool down fast: Up to 70% off personal and portable AC deals ahead of Prime Day
Cool down fast: Up to 70% off personal and portable AC deals ahead of Prime Day

USA Today

time2 hours ago

  • USA Today

Cool down fast: Up to 70% off personal and portable AC deals ahead of Prime Day

Save with the best deals from Black+Decker, Whynter, SereneLife and more for summer 2025. Summer 2025 is proving to be simply way too hot. Luckily, so are the early Prime Day deals! Obviously having a portable fan with you at all times is going to be essential for the foreseeable future but, if you need to cool off even more, a portable air conditioner is an affordable way to cool off your bedroom or living space quickly. You can shop the best early Prime Day deals on portable air conditions from Whynter, Black+Decker and SereneLife, plus we even found 70% off this awesome personal air conditioner device that you wear around your neck to keep yourself extra chill. Early Prime Day deals: Shop portable air conditioners at Amazon From full-room coolers to personal chill zones, these early Prime Day deals are your ticket to a cooler, more comfortable summer. Just don't wait too long—these prices could melt away fast. More: Beat the summer heat with hot savings on Dreo fans at Amazon More: We found the perfect Coleman beach chair for summer—and it's 37% off ahead of Prime Day ⛱️ More: Shop early Prime Day deals on summer essentials: Splash pads, griddles, fans Beat the heat this summer: Save up to $500 at Tempur-Pedic's 4th of July sale What are the Prime Day 2025 dates? The 2025 Prime Day sale will start on Tuesday, July 8 at 12:00am PT/3:00am ET and the sale will end at the end of Friday, July 11. This is the first year that the sale has been extended to four days, meaning you have 96 hours of Amazon deals! Do I need to be an Amazon Prime member to shop Amazon Prime Day? Yes, you must be an Amazon Prime member to access the July Prime Day sale and the special Prime-exclusive discounts on select products. Signing up for a Prime membership helps guarantee you get perks like fast shipping all year long, access to Prime Video, Prime Reading, Prime Gaming, fuel savings, GrubHub+ and more. More: Amazon Prime for Young Adults is back! Do you qualify for the discount? Find out here New members can try one week of Amazon Prime benefits for just $1.99. After that, a Prime membership costs $14.99 per month or $139 per year. USA TODAY Shopping will be covering all the savings leading up to Prime Day 2025, during the sale and post-Prime Day deals, so be sure to sign up for text alerts, sign up for our newsletter and follow us on Instagram to stay updated!

Senate Republicans' new SNAP proposal prompts GOP concern
Senate Republicans' new SNAP proposal prompts GOP concern

The Hill

time2 hours ago

  • The Hill

Senate Republicans' new SNAP proposal prompts GOP concern

A GOP-backed proposal that would shift some of the cost of food assistance to states for the first time is drawing renewed concern in the party, as critics argue the effort could lead to states cutting benefits on their own. Republicans are pushing to pass the proposal — which could see states with higher payment error rates covering a greater share of benefit costs — as a part of the broader spending cuts and tax package in the coming days. But that doesn't mean some Republicans aren't concerned about the measure. 'Our big thing is the data to be used, the data to be used on the error rate,' Sen. Dan Sullivan (R-Alaska.) told The Hill on Friday. 'So, that's important to make sure that the data is as accurate and reflective of the year you're judging as possible.' Numbers from the U.S. Department of Agriculture showed Alaska's payment error rate — which factors in overpayment and underpayment error rates — hit above 60 percent in fiscal year 2023. The national average hit at 11.68 percent. Sullivan noted the state has seen much lower payment error rates prior to the pandemic and is on a path to improving those figures, noting new numbers are expected soon. But he added, 'It's still higher than our traditional error rate, and as you know, the cost share is based in part on that.' According to the Alaska Beacon, the state's error rate hiked after state officials said they violated federal rules in order to continue feeding people amid a significant backlog in applications. Under the initial plan crafted by the Senate Agriculture Committee, Republicans sought to require states to cover some of the cost of Supplemental Nutrition Assistance Program (SNAP) benefits if they have a payment error rate above 6 percent beginning in fiscal 2028. The proposal in the megabill would also allow states with rates below that level to continue paying zero percent. It also proposes states with higher payment error rates cover a greater share of benefit costs. If the error rate is 6 percent or higher, states would be subject to a sliding scale that could see their share of allotments rise to a range of between 5 percent and 15 percent. However, Senate Republicans tweaked the plan after facing a setback when their 'state cost-share' proposal was rejected by the chamber's rules referee as part of a megabill the party hopes to pass in the coming days. A release from the agriculture committee said the updated plan would allow states to choose the payment error either fiscal year 2025 or 2026 to 'calculate their state match requirement that begins in Fiscal Year 2028.' For the following fiscal year, the 'state match will be calculated using the payment error rate from three fiscal years prior,' the committee said, adding a 'state must contribute a set percentage of the cost of its SNAP benefits if its payment error rate exceeds six percent.' Asked about further potential changes to the plan, Agriculture chairman Sen. John Boozman (R-Ark.) said Friday that negotiators 'worked really hard to try and get a situation that worked for as many people as we could, and I think we've achieved that.' 'Alaska is a unique state, unique situation, so I know that everybody's trying to work hard to accommodate situations that don't fit,' Boozman said Friday afternoon. 'So, I haven't heard of any changes, and I'm sure that, you know, [Senate Majority Leader John] Thune [(R-S.D.)] will grab me if that comes about.' Sen. Lisa Murkowski (R-Ala.) also expressed concerns about the proposal, telling reporters earlier on Friday that she's raised them with others in the party, according to Politico. Asked briefly about the party's SNAP proposal later, Murkowski told The Hill, 'We're still in trouble on SNAP.' 'The implementation is still next to impossible for us,' she said. Republicans say the states' cost-share proposal would incentivize states to improve their error rates. But Sullivan and Murkowski aren't the only Republicans who have voiced concerns about the effort in recent weeks. Originally, the House plan called for all states to cover 5 percent of the cost of allotments in its initial version of Trump's megabill, with states that had higher payment error rates having to pay anywhere between 15 percent and 25 percent. However, the proposal was dialed back after concerns from other Republicans, including Sens. Tommy Tuberville (Ala.) and Jim Justice (W. Va.) over the measure. Asked if he's meeting with Boozman or Thune on the matter, Sullivan also told The Hill on Friday evening that he's 'meeting with everybody.' 'For me, it's just important to get the data as close to the date that you're judging,' Sullivan said, adding that he expects Alaska to see a notable drop in its error rate in a coming report.

Avoiding Dual Taxation: Why Renouncing Citizenship Makes Financial Sense
Avoiding Dual Taxation: Why Renouncing Citizenship Makes Financial Sense

Time Business News

time2 hours ago

  • Time Business News

Avoiding Dual Taxation: Why Renouncing Citizenship Makes Financial Sense

Introduction: When Patriotism Costs Too Much In an era of intensified global tax enforcement, increasing automatic data sharing, and expanding fiscal compliance obligations, more high-net-worth individuals (HNWIs), digital nomads, entrepreneurs, and offshore investors are taking an unprecedented step: renouncing their citizenship. While citizenship was once considered untouchable, it is now seen by many as a financial liability, particularly when it triggers dual taxation across borders. This press release from Amicus International Consulting examines why citizenship renunciation has become a financial strategy in 2025, particularly for individuals burdened by overlapping tax obligations from both their country of origin and their country of residence. It highlights which countries create the most punitive tax structures, explains the legal steps involved in renunciation, and showcases real-world case studies of individuals who chose sovereignty over taxation. What Is Dual Taxation? Dual taxation refers to a situation in which an individual is taxed on the same income, assets, or capital gains by two or more countries. This typically arises when: A person holds citizenship in one country but resides or earns income in another but Both countries have the authority to tax global income Tax treaties fail to eliminate redundancy or apply only partial credits While tax treaties exist to mitigate these issues, they are often complex, ineffective, or filled with exemptions that still leave citizens overexposed to global tax burdens. Section I: The U.S. Tax Trap—Why Americans Lead in Renunciation The United States remains the only developed country that imposes citizenship-based taxation, meaning all U.S. citizens are required to file and potentially pay taxes on their worldwide income, regardless of their place of residence. U.S. Citizens Abroad Must: File annual IRS tax returns (Form 1040) Submit FBAR (Foreign Bank Account Reports) if foreign accounts exceed $10,000 (Foreign Bank Account Reports) if foreign accounts exceed $10,000 Report foreign investments via FATCA (Form 8938) (Form 8938) Face double reporting with foreign financial institutions forced to comply under FATCA Record-Breaking Renunciations In 2024, the U.S. saw over 10,500 individuals officially give up their citizenship—a number driven not by politics but by tax exhaustion. Many cited the high cost of compliance, punitive exit taxes, and the global reach of U.S. taxation as unsustainable. The Cost of Holding U.S. Citizenship Abroad Annual Cost Category Average Expense Tax prep/compliance (basic) $3,000–$10,000+ FATCA-related legal advisory $5,000–$20,000 Penalties for non-disclosure Up to $100,000+ Time spent on reporting 40–80 hours/year Section II: Other Nations Where Dual Taxation Hurts the Most While the U.S. is the most well-known offender, other countries also create dual taxation traps, including: 1. France Taxes on global income if you are a French tax resident, even if you hold another passport. An exit tax applies to unrealized gains if you relocate. Some double-tax treaties don't cover certain investment vehicles. 2. South Africa Worldwide income is taxed unless you sever residency-based taxation via financial emigration. via financial emigration. High-income earners working abroad are still required to declare foreign income. 3. India Resident but not ordinarily resident (RNOR) status still requires disclosure of foreign assets. Double taxation persists in real estate and capital gains. 4. Canada Taxes global income for residents, even non-citizens on long-term visas. Severing ties requires proof of permanent departure, and exit taxes may apply. Who Suffers the Most? Dual taxation disproportionately affects: Retired expats living abroad on pensions or trusts living abroad on pensions or trusts Remote workers earning globally distributed income earning globally distributed income Crypto traders holding tokens in offshore jurisdictions holding tokens in offshore jurisdictions Entrepreneurs managing cross-border companies managing cross-border companies Multinational executives paid in multiple jurisdictions Section III: Renouncing Citizenship as a Financial Exit Strategy Legal Basis Renunciation is permitted under international law, and nearly every country offers a formal process. In the U.S., it involves: Appearing at a U.S. consulate Signing Form DS-4080 (Oath of Renunciation) Submitting Form DS-4079 Paying a $2,350 processing fee Completing IRS Form 8854 to mark tax exit The Exit Tax: The Final Toll The U.S. imposes an exit tax on certain renunciants if: Their average annual income tax liability exceeds ~$190,000 (indexed annually) Their net worth is $2 million+ They fail to certify 5 years of tax compliance What's taxed? Your entire global portfolio is considered sold the day before renunciation, and capital gains taxes are applied—even if no asset was sold. Other Countries With Exit Taxes: Country Exit Tax Description France Unrealized capital gains on shares and securities Canada Departure tax on worldwide property Spain Exit tax on unrealized gains above thresholds Section IV: Countries That Welcome Former Citizens With No Tax Strings The goal after renunciation is to resettle in a country that: Does not tax non-resident citizens Has a territorial tax system Offers residency or citizenship with low fiscal exposure Ideal Post-Renunciation Destinations: 1. Panama Territorial taxation Friendly Nations Visa available No tax on offshore income 2. UAE No personal income tax Strong business infrastructure Welcomes HNWIs and family offices 3. Paraguay Residency for $5,000 bank deposit No tax on foreign income Simple documentation 4. Vanuatu Zero personal income tax Citizenship by investment in under 60 days No reporting to CRS or FATCA 5. Saint Kitts and Nevis Passport issued in 90 days No global income tax Full confidentiality for offshore holdings Section V: Case Studies in Strategic Renunciation Case Study 1: Crypto Wealth and Caribbean Reinvention An early Bitcoin investor based in California relocated to the UAE in 2022. After consulting Amicus, he renounced U.S. citizenship in 2024 and acquired Saint Kitts citizenship. By 2025, he was fully non-resident, held no tax obligations to the U.S., and legally realized token gains via offshore trusts. Case Study 2: The Consultant Who Outgrew the IRS A Canadian-American strategy consultant living in Germany found herself filing returns in three countries—each claiming taxing rights. After renouncing U.S. citizenship in Frankfurt, she streamlined her tax exposure and relocated to Portugal under the Non-Habitual Resident (NHR) program. Her annual tax advisory bill dropped by 75%. Case Study 3: Dual Taxed and Denied An Indian national working remotely in Dubai continued facing tax scrutiny from Indian authorities over U.S. stock dividends. After giving up Indian citizenship and securing Grenadian CBI status, he legally shifted his financial center of gravity and opened new offshore accounts without fear of dual reporting or seizure. Section VI: Common Misconceptions Misconception Reality 'I'll become stateless' Most people secure second citizenship before renouncing 'Renunciation eliminates past taxes' You must still file and pay prior obligations before exit 'My bank will block me' New citizenship often expands financial options, not shrinks them 'It's illegal to avoid tax' Legal tax minimization via renunciation is 100% compliant with law Section VII: The Role of Amicus International Consulting Amicus provides expert legal and financial advisory for those seeking to escape dual taxation through legal channels: U.S. citizenship renunciation support Second citizenship planning and acquisition Asset protection pre-exit via offshore trusts Exit tax mitigation Banking passport solutions CRS/FATCA detachment strategies We do not engage in tax evasion. All services are structured around legal transparency, cross-jurisdictional protection, and long-term asset security. Why Timing Matters Renunciation isn't a quick fix—it's a strategic transition that must be executed with precision. Acting in the wrong tax year, renouncing before securing alternative banking, or failing to comply with prior reporting can trigger audits, fines, or even international asset freezes. Conclusion: The Price of Freedom—or the Cost of Staying? In 2025, citizenship is no longer a static identity—it is a financial choice. For many, staying tied to countries with expansive, outdated, or punitive tax systems is simply too costly. By legally renouncing citizenship and choosing a more efficient jurisdiction, individuals are reclaiming control over their wealth, privacy, and global mobility. If dual taxation is draining your financial freedom, renunciation may be the smartest investment you'll ever make. 📞 Contact InformationPhone: +1 (604) 200-5402Email: info@ Website:

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store