Sam's Club raising annual membership fee for first time in 9 years
The annual membership fee will be $50 for Club members and $110 for Plus members, up from $45 and $100, respectively. Rival Costco last raised its membership fees in 2017.
Walmart invests in Sustainable Beef LLC to bring affordable beef to shoppers, boost industry viability
Walmart acquired a minority stake in Sustainable Beef LLC, which will help it open a beef processing facility. The move will help Walmart bring affordable products to consumers.
Georgia Walmart fire: Police arrest and charge 14-year-old suspect with arson
The Peachtree City Police Department has announced the arrest of a 14-year-old juvenile suspect following a fire that was "intentionally set" at a Walmart store there.
Georgia Walmart fire appears to have been 'intentionally set,' police say
A fire that broke out and caused “extensive damage” at a Walmart store in Peachtree City, Georgia this week appears to have been “intentionally set,” police say.
Virginia's DroneUp LLC is expanding, expected to create 655 jobs
DroneUp LLC, A Virginia drone company, is expanding. The company expects this expansion to create 655 jobs. DroneUp works with more than 20,000 drone pilots to serve its customers.
Walmart ordered to pay Oregon man $4.4M for racial profiling
An Oregon grand jury has ordered Walmart to pay $4.4 million in damages to a man who sued the store claiming he was racially profiled and harrassed by one of its employees.
Video shows Georgia Walmart shoppers fleeing fire in store before partial roof collapse
A video has emerged of shoppers fleeing a Walmart store in Peachtree City, Georgia, on Wednesday after a fire broke out on a rack of merchandise, a report says.
As inflation cuts spending, Walmart sweetens savings for subscribers
Walmart is trying to sweeten its subscription service, Walmart+, in order to lure in even more shoppers amid a tumultuous time for the retail sector due to surging inflation.
Walmart and The Pioneer Woman, Ree Drummond, serve up style with new clothing drop
The Pioneer Woman Ree Drummond has curated a new fall fashion line with Walmart. The Food Network star shared photos featuring her mother, sister and daughters wearing the new styles.
Walmart expands employee abortion coverage benefits
Walmart told its employees in a memo Friday that it is expanding its abortion coverage benefits. The expanded abortion coverage is effective immediately.
US in ‘hangover’ stage as ‘reopening euphoria is ending’: Former Toys 'R' Us CEO
Former Toys 'R' Us CEO Gerald Storch weighs in on earnings reports from Walmart and Target as well as retail data on "Varney & Co."
Pharmacies ordered to pay $650.6M to Ohio counties in opioid case
Federal judge orders CVS, Walmart and Walgreens to pay $650.6 million to Lake and Trumbull counties in Ohio after jury concludes the pharmacy chains over-supplied pain pills.
Walmart CEO: Inflation lures more higher-income shoppers
Walmart CEO Doug McMillon told investors during the company's earnings call Tuesday that inflation is drawing higher-income shoppers into the retailer.
Walmart meets consumer spending changes with markdowns: CFRA analyst
CFRA senior equity adviser discusses Walmart's positive earnings and argues the retail giant has a positive approach to combating changes in consumer spending habits.
Walmart expects smaller profit drop as discounts drive demand
Walmart's total revenue rose 8.4% to $152.86 billion in the second quarter, helped by demand for food and other essential items. The retailer's stock has fallen over 8% this year.
Walmart is a top US inflation gauge
Walmart's earnings are due out Tuesday morning, and investors will be paying close attention to the retail giant seen as an additional inflation gauge.
Walmart reaches streaming deal with Paramount+
The retail giant is taking on Amazon by partnering with Paramount+ for entertainment streaming.
Walmart may break into streaming market in potential deal with Disney, Paramount and Comcast
Walmart may start offering a streaming service as part of its Walmart+ membership program. The company has reportedly held talks with Disney, Paramount and Comcast.
Walmart, Oracle, Robinhood lead job cuts this week
A number of layoffs were announced this week, led by Walmart, Oracle and Robinhood as inflation takes a toll despite a stronger-than-expected jobs report.
Missouri Sam's Club worker hailed for added service amid shortages, supply chain woes
Longtime Sam's Club employee Chris Bell has been hailed by his community for providing daily updates of what is in stock ever since COVID hit the U.S.