Walmart agreed to a $100M FTC settlement over allegations it deceived Spark delivery drivers about pay. Meanwhile, Puma reported a 27% Q4 sales decline amid a strategic reset and inventory cleanup. Walmart has agreed to a $100 million judgment to settle Federal Trade Commission and multistate allegations that the company deceived delivery drivers in its Spark Driver program about their earnings. The FTC and 11 states, including Arizona, California, and Colorado, alleged that Walmart showed drivers inflated base pay and tip amounts, and falsely claimed that 100% of customer tips would go to drivers. The government also accused Walmart of implying certain delivery assignments were lucrative when they were not, and canceling drivers' orders without pay if they took too long. Under the agreement announced February 28, Walmart will pay up to $79 million directly to drivers nationwide, plus $11 million to participating states and $10 million to the FTC. The company is required to implement an earnings verification program and submit annual reports to the FTC for the next 10 years to ensure drivers receive promised pay. The settlement prohibits Walmart from modifying orders after driver...