Walmart Earnings Show Rise in Revenue as Higher Prices Lift Business
Walmart Inc.’s WMT 5.77% revenue rose in the second quarter as the retail company benefited from consumers both paying more...
superstores
Shops Ordered Lots of Bikes in 2020. Peddling Them Is an Uphill Climb.
ElliptiGo Inc. Chief Executive Bryan Pate didn’t have enough of his outdoor elliptical bikes to sell when demand surged in...
How One Grocery Chain in Pennsylvania Is Preparing for a Downturn
Supermarket chain Karns Foods says it is getting ready for a recession.The family-run company in Mechanicsburg, Pa., is carrying more...
More Shoppers Buy Store Brands, Eating Into Big Food Companies’ Sales
Cost-conscious consumers are buying more store brands at the supermarket, raising pressure on big food companies that are dealing with...
Gap CEO Sonia Syngal Is Stepping Down
Gap Inc. GPS -1.57% replaced chief executive Sonia Syngal after a little more than two years on the job, making...
Walmart, Target Show Divergence on Companies’ Abortion Coverage
Employees of Target Corp. have access to health-insurance plans that broadly cover abortion. Walmart health plans don’t cover an abortion...
FTC Accuses Walmart of Letting Scammers Use Its Money-Transfer Services
The Federal Trade Commission sued Walmart on Tuesday, alleging the retailer allowed its money-transfer services to facilitate fraud.The complaint, filed...
CVS, Walmart and Rite Aid Limit Purchases of Plan B Pills After Surge in Demand
Some of the nation’s biggest retailers are rationing over-the-counter emergency contraceptive pills as demand spikes following the Supreme Court ruling...
What Do Chinese Consumers Want? Walmart Can’t Figure It Out.
Walmart Inc. opened its first store in China in 1996, a sprawling supercenter in the Hong Kong border city of...
Corporate Executives Assess U.S. Economy as Clouds Form
Over the past week, business leaders have laid out in the starkest terms yet that a period of universal strength...
Shoppers Are Fretting. Stores Are Listening.
Walmart WMT 1.97% is stocking more half gallons of milk for shoppers who can’t afford a full gallon. Procter &...
Household Spending Rose in April
A closely watch U.S. inflation reading eased in April for the first time this year while consumers boosted spending by...
Walmart Earnings Are Dented by Higher Costs
Walmart said inflation created more pressure than it had expected on margins. A Walmart store in Pico Rivera, Calif. Photo:...
Target Profit Rises as Annual Revenue Crosses $100 Billion
Target Corp. TGT 0.28% reported strong sales gains in the holiday quarter, capping off a two-year pandemic run during which...
Walmart Drops Its Mask Rules for Vaccinated Workers
Walmart previously required all U.S. staff to wear masks and requested shoppers wear masks in some areas. Photo: EDUARDO MUNOZ/REUTERS...
Walmart, Kroger Raise Prices of Covid-19 Test Kits
Prices are going up for some of the cheapest and most popular at-home Covid-19 test kits in the U.S. Walmart...
China Warns Walmart Against Removing Products Made in Xinjiang
China’s anti-corruption watchdog criticized Walmart Inc. WMT 1.15% on Friday, warning of a consumer boycott following reports that the world’s...
Walmart Sparks Public Outcry in China Over Products From Xinjiang
Walmart Inc., WMT 0.91% the world’s largest retailer, became the latest Western company to face scrutiny over its handling of...
Not Sure How Much You Should Be Paid? Colorado Could Offer Some Clues
You don’t have to go to another job interview without knowing how much you can actually make. People applying to...
Walgreens, Walmart and CVS Pharmacies Contributed to Opioid Epidemic, Ohio Jury Finds
A federal jury in Cleveland on Tuesday found that the companies owning CVS, Walgreens and Walmart pharmacies were liable for...
