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 Warns That Shoppers Are Feeling the Squeeze of Higher Prices
The New York Times – Business: -
Walmart to Close Three Tech Hubs
The New York Times – Business: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 New York Times – Business: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
The New York Times – Business: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
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.
