Walmart cuts full-year profit forecast as fuel, labor costs spike
The company has fared better than most rivals in maintaining inventory levels due to its massive scale and negotiating power with suppliers, but costs have soared as it expedited shipments and chartered cargo ships to get products on shelves.
Walmart stores expected to post high shopper traffic amid deepening inflation pain
Walmart Inc is expected to show a steady rise in gross margins and revenue when it reports first-quarter results on Tuesday as price conscious shoppers, feeling the strain of persistent inflation, increase visits to the low-cost retailer.
Walmart to fast-track college grads to store managers through new recruitment program
The announcement comes as 4.5 million Americans, or about 3% of the workforce, quit their jobs in March.
Judge to decide how much pharmacies owe over opioid crisis
Back in November, a jury in U.S. District Judge Dan Polster’s courtroom sided with the counties and agreed that the way the pharmacies dispensed pain medication played an outsized role in creating a public nuisance.
Costco ends mortgage program membership perk
Costco is no longer offering a mortgage program for its members.
Walmart ups gas discount for some customers; Will Costco?
Effective immediately, Walmart+ customers will get a discount of up to 10 cents on every gallon of fuel they purchase at more than 14,000 participating gas stations around the country.
Amazon follows Walmart’s lead reaching new shoppers in India
Amazon followed in the footsteps of a Walmart-owned domestic rival to enter the burgeoning social-commerce space by making a small acquisition in India. It acquired Glowroad.
Easter Sunday: Here's what's open and closed this weekend
Retailers across the country are closing Sunday, April 17 to observe the Easter holiday, including Best Buy, Costco, and Target.
Walmart, Kohl's falsely marketed 'bamboo' fiber in bedding, towels, bras: FTC
The Federal Trade Commission has launched lawsuits against Walmart and Kohl's, claiming false advertising on a wide range of "bamboo" products.
Walmart offering new truckers starting salary of up to $110,000
Walmart supply chain workers in Texas and Delaware can also earn their commercial driver's license through a 12-week private fleet development program.
Walmart to end cigarette sales in select stores, markets
Walmart will end cigarette sales at select U.S. store locations, the company said Monday. The retailer, which has approximately 4,700 total stores in the country, did not disclose how many locations would be affected.
Helmets sold at Walmart stores nationwide recalled over injury hazard
Sakar International recalled for 89,000 Dimensions Bluetooth Speaker Helmets, which were sold at Walmart stores nationwide and on its online marketplace since since July 2020, according to the recall.
Walmart, Kroger store-branded pancake mix recalled after 'cable fragments' found
Continental Mills issued two separate recalls for several lots of its Buttermilk Pancake & Waffle Mix after "fragments from a cable used to clear the processing line were discovered in a limited amount of product," according to the recall notices posted by the U.S. Food and Drug Administration.
Walmart aims to hire 50K workers, add new hubs
Walmart is also hiring thousands of employees in its global tech organization while simultaneously adding hubs in Toronto and Atlanta.
Pizza ice cream from Van Leeuwen to launch at Walmart exclusively
Some people like pizza, some people like ice cream. Van Leeuwen has decided to churn those two foods together for a new limited-edition pizza ice cream pint, which will be sold at Walmart stores nationwide exclusively for a short time.
Costco, Sam's Club battle for gas dominance
The national average price for a gallon of regular gasoline reached $4.173 as of Tuesday, climbing 50 cents from a week earlier, according to AAA data.
Walmart pushes new delivery services for a post-pandemic world
Walmart Inc. is looking to expand its delivery infrastructure following the coronavirus pandemic by adding new ways to offer shoppers home delivery and efficiently move online inventory.
Walmart shoppers sidestep inflation
Walmart is seeing more customers among higher earners as inflation pushes most demographics into a cost-conscious mode.
Walmart stock jumps as retailer boosts forecast despite inflation
Walmart shares rose after the release of its fourth-quarter earnings on Thursday, which beat Wall Street estimates
Companies revert to more normal operations as COVID wanes
For the first time in two years for many people, the American workplace is transforming into something that resembles pre-pandemic days.