Latest news with #Walmart-branded
Yahoo
2 days ago
- Business
- Yahoo
Walmart's OnePay partners Synchrony for credit card programme
Walmart-backed consumer fintech firm OnePay has joined forces with Synchrony to exclusively launch a new credit card programme for Walmart. Scheduled for release in the upcoming fall, the programme will be accessible through the OnePay app and supported by Mastercard's payment network, targeting Walmart's US customers. This initiative, in partnership with Synchrony and Mastercard, will provide customers with a financial management tool, encompassing saving, spending, borrowing, and investing. The programme will feature two types of cards - a general-purpose card accepted wherever Mastercard is used, and a private label card exclusive to Walmart purchases. Both cards will be integrated into the OnePay app, enabling access to OnePay's financial services. OnePay CEO Omer Ismail said: "Our goal with this credit card programme is to deliver an experience for consumers that's transparent, rewarding, and easy to use. We're excited to be partnering with Synchrony to launch a programme at Walmart that checks each of those boxes and will help serve millions of people." Synchrony CEO and president Brian Doubles stated: "We are proud to be selected by OnePay to further our mission of helping people live better and build healthier financial futures with Walmart. Together, we aim to drive even greater innovation and new credit experiences to better serve customers while driving long-term, high-quality growth." This partnership signifies Walmart's return to Synchrony, which had previously issued Walmart-branded credit cards until 2018, before losing the contract to Capital One, as reported by Reuters. Walmart's decision to part ways with Capital One in 2024 was influenced by operational concerns, including delayed transaction updates and the prolonged issuance of replacement cards. In March, OnePay collaborated with Klarna to provide exclusive instalment loans to Walmart shoppers in the US. "Walmart's OnePay partners Synchrony for credit card programme " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
22-05-2025
- Business
- Yahoo
Shoppers are boycotting Walmart over rollbacks in DEI efforts. Here's when.
A second boycott against Walmart and its affiliated stores is underway as some shoppers protest what they call corporate greed, companies that have rolled back their diversity, equity and inclusion efforts and President Donald Trump's efforts to eliminate federal DEI programs since taking office. The boycott of Walmart, which runs from May 20 to May 26, is organized by The People's Union, the same grass-roots group that coordinated the one-day economic consumer blackout on Feb. 28. The boycott includes Walmart retail and online stores, Sam's Club and other affiliated Walmart-branded companies and private label brands such as Great Value and Equate. The People's Union has had weekly boycotts since Feb. 28, including ones aimed at Amazon and Nestle. Boycott plans continue for the group through July 4, when it says it will ramp up its efforts with longer actions. These boycotts are in addition to separate actions by other organizations protesting Target and other retailers, similarly for their retreat from DEI initiatives. John Schwarz started The People's Union, which has been coordinating many of the boycotts. Schwarz has previously told USA TODAY that he did not know that his first video suggesting a national one-day consumer blackout on Feb. 28, would gain so much traction. Since then, Schwarz who is active on Instagram using the handle @theonecalledJai has outlined several other boycotts. In a post on May 20, Schwarz encouraged people to boycott Walmart, "because after all the record profits, all the tax loopholes, all the corporate greed, Walmart now once again wants to raise prices. But this time, because of the tariffs, as if they're not already raking in billions, as if they can't absorb the cost. As if you and I should carry this burden." When asked for comment, a Walmart spokesperson referred USA TODAY to a previous statement given in response to the first one-week boycott in April. "As one of the largest corporate taxpayers in the country, not only do we pay our fair share, we are an economic force multiplier strengthening communities nationwide through job creation, supplier growth, and over $1.7 billion in cash and in-kind donations last year,'' it read. " We remain dedicated to earning the business of all Americans and giving our time and resources to causes that uplift and unite communities who rely on us every day." Consumer boycotts: Target boycott leaders plan protests on anniversary of George Floyd's murder Future boycotts from The People's Union include: June 3-9: Target June 24-30: McDonald's July 4: Independence Day Blackout Full information about the planned boycotts by The People's Union can be found on the website, or videos posted by Schwarz on Instagram and TikTok. The group's website includes a section called "Consumer Awareness," which lists and ranks companies based on criteria such as unethical practices, and also notes businesses it deems to be "doing it better." Betty Lin-Fisher is a consumer reporter for USA TODAY. Reach her at blinfisher@ or follow her on X, Facebook or Instagram @blinfisher and @ on Bluesky. Sign up for our free The Daily Money newsletter, which will include consumer news on Fridays, here. This article originally appeared on USA TODAY: A second Walmart boycott is happening over DEI. Here's when.
Hindustan Times
22-05-2025
- Business
- Hindustan Times
Walmart boycott 2.0: What does it mean for shoppers?
Walmart is facing yet another boycott after March's economic blackout. A boycott of Walmart from May 20 to May 26 was announced by the advocacy group People's Union USA, which accused Walmart of 'crushing small businesses' and 'underpaying' its employees. Both in-store and online shopping at Walmart locations are included in the boycott. Affiliated Walmart-branded companies like Sam's Club, as well as private label brands such as Great Value and Equate, are also facing the boycott. John Schwarz, the founder of The People's Union, has led several boycott campaigns against major corporations in the past. He urged shoppers to avoid Walmart in a May 20 post on social media, saying, 'After all the record profits, all the tax loopholes, all the corporate greed, Walmart now once again wants to raise prices. But this time, because of the tariffs—as if they can't absorb the cost. As if you and I should carry this burden.' Responding to previous boycott efforts in April, Walmart said in a statement, according to USA Today, 'As one of the largest corporate taxpayers in the country, not only do we pay our fair share, we are an economic force multiplier strengthening communities nationwide through job creation, supplier growth, and over $1.7 billion in donations last year.' The ongoing Walmart boycott is actually part of a wider series of weekly protests organized by The People's Union. Target is one of the upcoming corporates, with a boycott having been planned from June 3 to 9. A McDonald's boycott will run from June 24 to 30. The group has reportedly also planned a nationwide consumer blackout on July 4. Back in March, Schwarz and the People's Union organized a week-long 'economic blackout.' At the time, they urged consumers to avoid making purchases from Amazon's main site, and also other companies it owns, such as Amazon Alexa, IMDb, Prime Video, Ring, Twitch, Whole Foods, and Zappos.
Yahoo
21-05-2025
- Business
- Yahoo
Why shoppers are boycotting Walmart again after March's ‘economic blackout'
Shoppers have started to boycott Walmart for a second time, two months after March's economic blackout. Advocacy group People's Union USA announced there would be a boycott of Walmart from May 20 to May 26 after accusing the company of 'crushing small businesses' and 'underpaying' its employees. The boycott includes both in-store and online shopping at Walmart locations and affiliated Walmart-branded companies, such as Sam's Club, as well as private label brands such as Great Value and Equate. John Schwarz, the founder of the People's Union, posted a video Tuesday on Instagram explaining the reasoning for the boycott, telling his followers, 'After all the record profits, all the tax loopholes, all the corporate greed, Walmart now once again wants to raise prices.' 'But this time, because of the tariffs, as if they're not already raking in billions, as if they can't absorb the cost. As if you and I should carry this burden.' The Independent has contacted Walmart for comment. Schwarz and the People's Union previously organized a week-long 'economic blackout' back in March, where consumers were asked to avoid making purchases from Amazon's main site as well as the other companies it owns, including Amazon Alexa, IMDb, Prime Video, Ring, Twitch, Whole Foods, and Zappos. At the time, Schwarz told CNET the objective of the 'calculated strike' is simple: for Amazon to record a dip in sales. In an Instagram post, Schwarz described how to 'hit' Amazon the hardest and take a stand against its impact on small businesses and treatment of workers after the company reported a 10 percent year-on-year increase in net sales in Q4 2024 to almost $188 billion last month. 'If you want to focus your firepower, you target what you use the most,' he said. It was not immediately clear how many people were due to participate in the boycott. Prior to the Amazon boycott, the People's Union took aim at corporate giants with a sweeping consumer blackout, which urged consumers against making purchases at major retailers for 24 hours. Schwarz told CNN that the movement 'went international,' adding: 'Every country has messaged me, people from all over the world commenting on the videos. 'How can we stand in solidarity?'' However, an analysis from digital retail consultancy company Momentum Commerce showed Amazon had slightly higher sales that day. The organization has other boycotts planned throughout the next couple of weeks, including a Target boycott from June 3 to June 9, a McDonald's boycott from June 24 to June 30, and an Independence Day boycott on July 4.
Yahoo
21-05-2025
- Business
- Yahoo
New Walmart boycott starts up again for Florida shoppers over DEI. Here's why, and when
The consumer boycotts against big box retailers continue with a second Walmart boycott to protest what some shoppers call corporate greed, the retail giant's decision last year to roll back its DEI — diversity, equity and inclusion — policies, and President Donald Trump's efforts to eliminate federal DEI programs. The weeklong Walmart boycott, which runs from May 20 to May 26, is organized by The People's Union USA. The group has called for weekly boycotts since Feb. 28, as well as two 24-hour economic blackouts, boycotts of Amazon and Nestle, and a three-day boycott over Easter weekend. The boycott includes Walmart retail and online stores, Sam's Club and Walmart-branded companies and private labels such as Great Value and Equate. The People's Union has more boycotts planned through July 4, when it says it will ramp up its efforts. In a social media post on May 20, founder John Schwarz encouraged people to boycott Walmart, "because after all the record profits, all the tax loopholes, all the corporate greed, Walmart now once again wants to raise prices. But this time, because of the tariffs, as if they're not already raking in billions, as if they can't absorb the cost. As if you and I should carry this burden." Walmart has recently come under fire from Trump after chief financial officer and executive vice president John David Rainey told CNBC on May 15 that consumers would see higher prices due to Trump's on-again, off-again tariffs. Here's what to know. The Walmart boycott began on Tuesday, May 20. It will run until Memorial Day, Monday, May 26. Like the first Walmart boycott, this one hits all of the company's stores and online platforms. That includes Walmart, of course, Walmart Supercenter, Walmart Pharmacy or other health services, Walmart Neighborhood Market, and Walmart's membership-only warehouse, Sam's Club. It also includes online or delivery ordering from the Walmart Grocery app or Walmart Marketplace. Shoppers are also urged to avoid Walmart's private label brands, including Great Value, Equate and Mainstays. On May 21, Target — which was the focus of a 40-day long boycott started by Black faith leaders — reported weaker-than-expected earnings due to uncertainties from tariffs and customer pullback, according to the Washington Post. "Target has seen traffic to its stores fall since activists, Black civil rights figures and faith leaders began an 'economic blackout' in late February of some major brands over a perceived retreat from DEI programs," the Post said. "Comparable store sales sank 5.7 percent year-over-year in the first quarter, Target said in its earnings report." Boycott organizers have pointed to Target's plummeting stock and data showing both online and in-person traffic at Target and other retailers slowing down, although rising prices and other factors may play a part. There are about 330 Walmart stores in Florida, according to the company website, and nine distribution centers. There are also 98 neighborhood markets and nine discount stores throughout the state. Nearly 119,000 Floridians work at a Walmart, the company said. There are 46 Sam's Club warehouses in Florida, according to Walmart's website. 'Our dollars do count': These shoppers are using an economic blackout against companies The People's Union USA has more consumer boycotts planned through July. Here's the schedule: Walmart: May 20-26 Target: June 3-9 McDonald's: June 24-30 Independence Day boycott: July 4 Diversity, equity and inclusion (DEI) is a term used to describe programs and policies that encourage fairer representation and participation for groups that have been historically and systematically marginalized, such as Black people, women, LGBTQ+ community members, disabled people and ethnic minorities in the United States. DEI programs in business are intended to make sure that everyone — especially groups that have historically been underrepresented or discriminated against — receives fair treatment and that differences are embraced to improve relations and teamwork and increase cultural sensitivity. In education, DEI typically refers to strategies, policies and practices that provide all students equal access to educational opportunities, regardless of their background, identity or abilities. DEI programs exploded in popularity during the #MeToo and Black Lives Matter movements, especially after the murder of George Floyd and several other Black Americans led to worldwide protests against racism. Critics claim DEI programs prioritize underrepresented people in categories including race, ethnicity and gender to the exclusion of more qualified candidates and treat them as anti-white, anti-male, ideologically driven policies that serve as racial discrimination against white Americans, with some even saying they contribute to antisemitism. The ACLU has called Trump's efforts against DEI "part of a larger backlash against racial justice efforts ignited by the 2020 killings of George Floyd, Ahmaud Arbery, and Breonna Taylor, and the nationwide protests — unprecedented in size and diversity — that followed." This article originally appeared on Palm Beach Post: Walmart boycott this week over dropped DEI policies
