With supply chain channels snarled by the effects of the COVID-19 pandemic, major retailers like Target Corp. and Home Depot Inc. are taking matters into their own hands, chartering ships to deliver goods in time for the important holiday season. Retailers large and small, consumer packaged goods companies andRead More →
© Reuters. The outbreak of the coronavirus disease (COVID-19) in Rosemead By Bhargav Acharya (Reuters) – Walmart (NYSE:) Inc said on Tuesday it will no longer display the Mississippi state flag, which includes a Confederate flag emblem, in its stores while the state debates whether to make changes to itsRead More →
© Reuters. A logo of CVS Health is displayed on a monitor above the floor of the New York Stock Exchange shortly after the opening bell in New York (Reuters) – Drugstore chain CVS Health Corp (NYSE:) joined Walmart (NYSE:) Inc in announcing it will stop keeping beauty and personalRead More →
© Reuters. Walmart’s logo is seen outside one of the stores in Chicago LONDON (Reuters) – Walmart (N:), the world’s largest retailer, is in talks with third parties regarding a possible investment in Asda, its UK supermarket arm that it tried, and failed, to merge with rival Sainsbury’s (L:) lastRead More →
© Reuters. By Peter Nurse Investing.com – U.S. stocks are set to open sharply lower Tuesday, as investors return from a holiday to the shock news from tech giant Apple (NASDAQ:) that it wouldn’t meet its March quarter sales guidance set just three weeks ago due to the ongoing coronavirusRead More →
© Reuters. The German headquarters of eBay is pictured at Europarc Dreilinden business park south of Berlin in Kleinmachnow By Ayanti Bera (Reuters) – EBay Inc (O:) forecast first-quarter revenue below analysts’ estimates on Tuesday, as the e-commerce company faces fierce competition from Amazon.com Inc (O:) and Walmart Inc (N:).Read More →
E-commerce sellers, or e-tailers, have transformed the way we shop, undermining brick-and-mortar retailers with a promise of convenience and efficiency. But one aspect of their business model has swung so far to maximize consumer convenience that it’s created something of a monster: a deluge of customer returns. Shoes and clothesRead More →
© Reuters. A man puts flowers inside a hearse of one of the victims of a mass shooting at a Walmart store during a tribute in El Paso MEXICO CITY (Reuters) – Ten Mexican citizens have sued Walmart (NYSE:) over the shooting at a store in the U.S. border townRead More →
© Reuters. Greg Foran, president and CEO of Walmart U.S., speaks about the company’s Black Friday plans at a Walmart store in Secaucus, New Jersey WASHINGTON (Reuters) – Walmart Inc (N:) said on Thursday its chief executive for U.S. operations, Greg Foran, will leave the company early next year andRead More →
Walmart WMT, +0.56% on Wednesday is rolling out a new credit card designed to compete with cards from Apple AAPL, +0.94% and Amazon AMZN, -0.28%. The Capital One Walmart Rewards Mastercard MA, -0.42% will become available to shoppers starting Sept. 24. The credit card’s rewards represent an upgrade to Walmart’sRead More →
The deadly mass shooting at a Walmart Inc. El Paso store has sparked questions about the risk of violence at the nation’s brick-and-mortar retail locations, with one expert expressing confidence that there will be progress on safety measures, even if the move is minimal. Since the August 3 shooting inRead More →
© Reuters. FILE PHOTO: People pay their respects three days after a mass shooting in El Paso By Nivedita Balu (Reuters) – Walmart (NYSE:) Inc, the nation’s largest retailer, said on Tuesday it would stop selling ammunition for handguns and some assault-style rifles in all its stores across the UnitedRead More →
© Reuters. A Tesla logo hang on a building outside of a Tesla dealership in New York By Nichola Groom and Nivedita Balu (Reuters) – Walmart (NYSE:) Inc on Tuesday sued Tesla (NASDAQ:) Inc, accusing it of “widespread negligence” that led to repeated fires of its solar systems and askingRead More →
Walmart Inc. is scheduled to report second-quarter earnings on Thursday and UBS analysts think the results will show that Amazon.com Inc.’s big Prime Day event was a plus for both companies. This year’s Prime Day motivates shoppers to search for deals both on Amazon and elsewhere, with the two-day eventRead More →
Walmart is facing increasing pressure to pull guns from its shelves in the wake of the recent shootings at its El Paso, Texas and Southaven, Miss. stores that killed 24 people. Shoppers were also on edge after a man in body armor and armed with a rifle sparked panic atRead More →
Happy Friday, MarketWatchers! While you’re taking a break from preparing for Amazon Prime Day next week, check out these top stories: Personal Finance How Jeffrey Epstein allegedly targeted girls from disadvantaged backgrounds who were most vulnerable to abuse The sexual-assault victimization rate among those from households making less than $7,500Read More →
© Reuters. Investing.com – Stocks in focus in premarket trading on Monday: • Semiconductors surged in premarket trade by 8:20 AM ET (12:20 GMT) after U.S. President Donald Trump agreed to hold off on implementing new tariffs and to ease restrictions on Chinese tech giant Huawei, while China agreed toRead More →
July sales are heating up as retailers look to slow Amazon.com Inc.’s Prime Day momentum, and drive consumers to their sites with deals of their own. Amazon AMZN, +0.51% is hosting its Prime Day shopping event across two days this year, July 15 and 16. The e-commerce giant saysRead More →
© Reuters. FILE PHOTO: A general view of the Norwegian central bank in Oslo OSLO (Reuters) – Norway’s $1 trillion wealth fund can invest again in miner Rio Tinto (LON:) and retailer Walmart after their exclusions from the fund’s investments on ethical grounds were revoked, the board of the centralRead More →
Over the past year or so, thousands of people have become eligible to attend college at low or no-cost — and that’s not thanks to a new government policy or a sudden drop in tuition levels. It’s because major employers from McDonald’s MCD, +0.39% to Disney DIS, -0.06% have launchedRead More →
Forget “last mile,” Walmart Inc. is taking delivery to the last few inches. The retail giant announced Friday a new service that will deliver groceries not just to customers’ homes, but to their fridge, even when they’re not home. Walmart InHome delivery will launch in the fall in three markets:Read More →
© Reuters. FILE PHOTO: Walmart’s logo is seen outside one of the stores in Chicago By Nandita Bose WASHINGTON (Reuters) – Walmart (NYSE:) Inc said on Tuesday it is seeking to attract high school students by offering them a low-cost path to a college degree and will expand an educationRead More →
© Reuters. FILE PHOTO: Walmart’s logo is seen outside one of the stores in Chicago By Nandita Bose WASHINGTON (Reuters) – Walmart (NYSE:) Inc will meet large consumer goods companies and advertising firms for the first time in New York next week to pitch its advertising business, as the world’sRead More →
© Reuters. FILE PHOTO: Shoppers at a Walmart store in Chicago Illinois By Nandita Bose (Reuters) – Walmart (NYSE:) Inc said on Thursday that prices for shoppers will rise due to higher tariffs on goods from China as the world’s largest retailer reported its best comparable sales growth for theRead More →
Carol Whitmire liked her job as a customer service supervisor in a Walmart store in Taylor, Arizona, but it all starting falling apart the day a bag of ice fell on her wrist. That seemingly random accident unleashed a series of events that ended up in her firing and filingRead More →
