McMillon, C Douglas

Walmart Racks Up Sales Record but Sees Slower Growth Ahead

The retail giant continues to attract shoppers from across the income spectrum, but faces headwinds from stubborn inflation and the risk of tariffs.

By Jordyn Holman

Company Reports Consumer Behavior Discount Selling Inflation (Economics) McMillon, C Douglas Shopping and Retail United States Economy Walmart Stores Inc

Walmart Sees Higher Sales From Picky Shoppers

The retail giant raised its forecasts as it attracted bargain-hunting shoppers strained by inflation, drawing in high-income households in particular.

By Jordyn Holman

Boudin, Chesa California Company Reports McMillon, C Douglas Police Department (San Francisco, Calif) San Francisco (Calif) San Francisco Chronicle Security and Warning Systems Shoplifting and Employee Theft (Retail) Shopping and Retail Target Corporation Walgreen Co Walmart Stores Inc

Walgreens Executive Says Shoplifting Threat Was Overstated

In a call with investors on Thursday, the chief financial officer of Walgreens, James Kehoe, said “maybe we cried too much last year” over theft.

By Amanda Holpuch

Black Friday and Cyber Monday (Shopping) Company Reports McMillon, C Douglas Shopping and Retail Walmart Stores Inc

Walmart Defies Gloom Over Inflation With Sales and Profit Upgrade

Ahead of the critical holiday shopping season, the nation’s largest retailer reported stronger-than-expected earnings and signaled confidence with a $20 billion share buyback.

By Jordyn Holman