The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.
Category: Walmart Stores Inc
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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.
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Consumers Hate ‘Price Discrimination,’ but They Sure Love a Discount
The Wendy’s debacle is a warning shot for brands: If you want to play with prices, make sure to communicate why and whom it could help.
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How to Claim Your Part of a $45 Million Walmart Settlement
A class-action lawsuit accusing the retail giant of inflating prices of certain weighed foods and produce resulted in a settlement. Customers may be eligible for a payment of up to $500.
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Will A.I. Boost Productivity? Companies Sure Hope So.
Economists doubt that artificial intelligence is already visible in productivity data. Big companies, however, talk often about adopting it to improve efficiency.
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Walmart Wants to Teach Store Managers Compassion
The retailer brings about 2,000 managers a year to its headquarters to discuss how to relate to workers and customers, part of a U.S. corporate trend.
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Jool Baby Infant Swings Recalled Over Suffocation Hazard
Federal regulators said that the Jool Baby swings should not have been marketed as sleep products because they have an incline angle that is not safe.
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He’s Not Just Looking to Make a Quick Billion
Marc Lore, the entrepreneur behind Diapers.com and Jet.com, would like to disrupt food delivery. But he really wants to build a brand that actually lasts.
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Four Eye Ointments Pulled Because of Infection Risk
Investigators raised concerns about the sterility of the products, which are sold at CVS and Walmart.
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Walmart Reports Rising Holiday Sales as Shoppers Seek Value
The number of transactions at the retail giant rose 4.3 percent but the average ticket price decreased by 0.3 percent, a sign that shoppers spent a little less during shopping trips.
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Walmart to Add 150 U.S. Stores in Five-Year Expansion Drive
The retail giant, which last opened a domestic location in 2021, said most of the stores would be newly built.