Some members of Congress have expressed concerns that stores will monitor customers and raise prices. Business experts say the tech has not raised customers’ grocery bills.
Category: Walmart Stores Inc
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Attention Kmart Shoppers: It’s Closing Time
As the last full-size Kmart in the continental United States prepares to close, shoppers reminisced about the store that once sold everything, everywhere.
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How Walmart’s Donna Morris Manages the Largest Work Force in America
With 1.6 million U.S. employees under her watch, the company’s chief people officer faced a unique challenge just weeks into her new job: a pandemic.
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Amazon Sought Tariff Loophole Used by Chinese Rivals. Now Biden Is Closing It.
Under pressure from Chinese competitors, Amazon, Walmart and other U.S. retailers have been exploring ways to avoid tariffs. Could a new Biden administration rule change that?
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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.
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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.
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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.
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Costco Raises Membership Fees for First Time in 7 Years
An increase of more than 8 percent will take effect on Sept. 1. The base membership will go up by $5, to $65 per year.
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For American Brands Worried About China, Is India the Future?
As multinational retailers diminish their dependence on Chinese factories, some are shifting production to India.
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Montana Has More Cows Than People. Why Are Locals Eating Beef From Brazil?
Cole Mannix, of Old Salt Co-op, is trying to change local appetites and upend an industry controlled by multibillion-dollar meatpackers.
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Don’t Say ‘Elite’: Corporate Firms’ New Pitch Is Meritocracy
McKinsey, Accenture and other big firms want to recruit with a wider net, focusing more on skills than on pedigree. It may be easier said than done.