Walmart Dumps Entire Stake in China’s JD.com
Walmart’s divestiture comes as its e-commerce partner has struggled to maintain its market share in the country’s cutthroat online sales industry.
Posted inCompany 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.
Posted inBank of America Corporation Bowman, Michelle Federal Reserve System Home Depot Inc Standard & Poor's 500-Stock Index Stocks and Bonds Walmart Stores Inc
Investors Brace for Another Big Week in the Markets
A new batch of inflation data and earnings from major retailers will again put the spotlight on consumer confidence and economic growth.
Posted inAirlines and Airplanes Amazon.com Inc Big Lots Inc Burger King Corp Consumer Behavior Fast Food Industry Labor and Jobs Macy's Inc McDonald's Corporation Pepsico Inc Prices (Fares, Fees and Rates) Shopping and Retail Stocks and Bonds Target Corporation United States Economy Walmart Stores Inc Williams-Sonoma Inc
To Avoid an Economic Recession, Consumer Spending Is Key
It has powered the economic recovery from the pandemic shock. Now wallets are thinner, and some businesses are feeling the difference.