Category: Walmart Stores Inc

Walmart Expects Growth Streak to Continue as New Chief Takes Over

The New York Times – Business:
Shoppers are turning to Walmart to stretch their dollars, but an uncertain economy and trade tensions will test the retailer’s new executive team.
Tech Firms Are Persuading Retailers to Put A.I. Everywhere

Stores of all kinds are using artificial intelligence to sell everything from luxury handbags to hay for horses.
Retail Earnings Show Shoppers’ Resilience, but Some Stores Struggle

Companies said they managed tariff pressures in the latest quarter as consumers focused on discounts and high quality.
How Much Will Thanksgiving Dinner Cost? It Depends on Whom You Ask.

As Americans become increasingly concerned about affordability, there’s scrutiny on the annual meal.
The Fed, Crypto and A.I. Weigh on the Markets

Growing jitters over the Federal Reserve, crypto and the future of the artificial intelligence boom have helped drive a global sell-off.
Walmart Sales Rise as Shoppers Look For Savings

The retailer increased its guidance for the year, anticipating more price-conscious shoppers would flock to their stores.
Nvidia and Walmart Could Ease Wall St.’s Jitters. Or Make Them Worse.

After four consecutive down days, the stock market is looking increasingly queasy. Earnings reports from Nvidia, Walmart and Target could hint at what’s ahead.
Walmart C.E.O. Doug McMillon to Step Down

The chief of the company’s U.S. business, John Furner, will take over on Feb. 1.
As Low-Income Shoppers Tighten Belts Further, Businesses Worry

A delay in SNAP benefits mixed with a decline in foot traffic has many stores, restaurants and food producers concerned about sales.
Holiday Consumer Spending Could Exceed $1 Trillion, Retailers Project

Despite shoppers’ concerns about rising costs, inflation and the government shutdown, retailers predict sales will increase as much as 4.2% over the holidays.
Why Did Walmart Just Buy a Shopping Mall?

Walmart hasn’t said much about its plans for Monroeville Mall in Pennsylvania. But its partner has told some store owners that the mall will be demolished for a mixed-use development.
Trader Joe’s and Walmart Frozen Meals May Have Listeria Linked to Outbreak

The outbreak has killed four people and spread to 15 states, with officials linking it to frozen pasta meals sold at Walmart and Kroger.