Walmart Is Flexing Its Muscle Again
America’s biggest retailer has a new message for its suppliers: We’re not going to pay higher prices anymore.Walmart Inc. Chief...
WMT
Target to Hire Up to 100,000 Workers for Holiday Shopping Season
With the holiday shopping period on the horizon, Target and other retailers are poised to deal with softened demand, some...
Choosing Your Own Hours Isn’t Just for Remote Workers Anymore
It isn’t just remote workers who have gained leverage over when they work.Shift workers such as assemblers and hotel maids...
Inventory Pileup, Uneasy Shoppers Put Retailers in Jeopardy
For retailers, it is a season of discontent.From Walmart Inc. to Nordstrom Inc., retailers have a glut of inventory and...
Target’s Profit Sinks as Retailer Unloads Unwanted Inventory
A glut of inventory sank profit at Target Corp. further than it expected, sparking investor concerns about the company’s response...
U.S. Retail Spending Held Steady in July
U.S. consumers continued opening their wallets last month, shifting savings from falling gasoline prices to purchases of everyday goods as...
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...
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...
Teva Agrees to Settle Opioid Lawsuits for as Much as $4.25 Billion
The proposed settlement is the latest move by a company seeking to resolve the costly litigation. Under the terms, the...
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...
U.S. Inflation Hits New Four-Decade High of 9.1%
U.S. consumer inflation climbed to 9.1% in June, a pace not seen in more than four decades, adding pressure on...
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...
WSJ News Exclusive | Mental-Health Startup Cerebral Investigated by FTC
The Federal Trade Commission has begun an investigation into mental-health startup Cerebral Inc., according to a letter the FTC sent...
WSJ News Exclusive | Marc Lore’s Food-Delivery Startup Wonder Is Valued at $3.5 Billion After Capital Raise
Wonder Group, a food-delivery startup led by Jet.com founder Marc Lore, has raised hundreds of millions of dollars to expand...
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...
Target Warns of Weaker Profit as it Faces Overstuffed Stores, Inflation-Weary Shoppers
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber...
