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?
Category: Walmart Stores Inc
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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.
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Walmart Opens the Year With Stronger Sales and Profit
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.
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Walmart Is Shutting Health Centers After Plan to Expand
The 51 locations, next to Supercenters, proved too costly to be profitable, the retailer said.
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Walmart Introduces a New Store Brand for ‘Quality Food’
The Better Goods store brand will carry plant-based, gluten-free and higher-end food and could help the retailer attract more affluent shoppers.