Weaker-than-expected results, including at popular holiday shopping destinations like electronics outlets and department stores, showed how concerns about inflation are affecting consumers.
Category: Walmart Stores Inc
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Retail Sales Fell in December as Holiday Shoppers Held Back
The New York Times – Business: -
Walgreens Executive Says Shoplifting Threat Was Overstated
The New York Times – Business:In a call with investors on Thursday, the chief financial officer of Walgreens, James Kehoe, said “maybe we cried too much last year” over theft.
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As Silicon Valley Retrenches, a Tech Talent Shift Accelerates
The New York Times – Business:Most tech jobs are now in mainstream industries like health care, banking and retail, which are increasingly in need of workers with digital skills.
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The Vintage Christmas Decoration Making a Comeback This Year
The New York Times – Fashion & Style:Forget the blow-up Santas for your lawn. A new generation of old-fashioned blow mold decorations have come to town.
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Walmart Sued by Employee Who Says She Complained About Gunman
The New York Times – Business:A lawsuit claims the retailer was warned months ago about “threatening” behavior by the worker who the police say opened fire in the store last week.
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Walmart Is Often at the Center of the National Gun Debate
The New York Times – Business:In recent years, the nation’s largest retailer has stopped selling handguns and certain rifles, including AR-15s, and raised the minimum age to purchase firearms to 21.
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The Stores That Will Be Open on Thanksgiving and Black Friday 2022
The New York Times – Business:Many large retailers said they planned to close their doors on Thursday.
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US Shoppers Are Still Spending, as Long as Retailers Give Them a Reason
The New York Times – Business:Retail sales rose last month, and several companies reported strong earnings. But discounts seemed to drive a significant portion of purchases.
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Walmart Agrees to Pay $3.1 Billion to Settle Opioid Lawsuits Nationwide
The New York Times – Business:The money would help pay for addiction treatment and drug education programs in communities across the United States.
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Stocks Jump on Hopes of Lower Inflation
The New York Times – Business:Lower-than-expected data on wholesale prices and resilient earnings from retailers were cheered by investors.
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Why the G20 Summit Matters to Investors
The New York Times – Business:Stocks rallied in Asia on Tuesday following a historic meeting between President Biden and his Chinese counterpart, Xi Jinping.
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Walmart Defies Gloom Over Inflation With Sales and Profit Upgrade
The New York Times – Business:Ahead of the critical holiday shopping season, the nation’s largest retailer reported stronger-than-expected earnings and signaled confidence with a $20 billion share buyback.