The retail giant reported strong results for the holiday shopping season, but said that the coming year would be tougher.
Category: Walmart Stores Inc
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Walmart to Close Three Tech Hubs
Operations in Carlsbad, Calif., Austin, Texas, and Portland, Ore., will cease and the retailer will aim to relocate those workers, including to its headquarters in Bentonville, Ark.
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Walmart Raises Starting Wages for Store Workers
The retail giant said the minimum wages for those employees would range from $14 to $19 an hour, up from $12 to $18 an hour.
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Retail Sales Fell in December as Holiday Shoppers Held Back
Weaker-than-expected results, including at popular holiday shopping destinations like electronics outlets and department stores, showed how concerns about inflation are affecting consumers.
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Walgreens Executive Says Shoplifting Threat Was Overstated
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
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
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
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
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
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
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 money would help pay for addiction treatment and drug education programs in communities across the United States.