Latest News Updates From Anne D’Innocenzio

BusinessPrivate

Walmart Reports Solid Sales and Profit

Shoppers seek low prices for groceries and other essentials to offset worries that new U.S. tariffs may make a variety of goods more expensive.

August 21, 2025
Business

Target COO Michael Fiddelke to Become CEO Feb. 1

Michael Fiddelke succeeds Brian Cornell, who helped re-energize the company when he took the helm in 2014 but has struggled to turn around weak sales in a more competitive retail landscape.

August 20, 2025
GovernmentBusinessEquipment

Retail Sales Rise in July on Rebounding Auto Sales

Retail sales rose 0.5% last month, a slowdown from a revised 0.9% in June, according to the Commerce Department’s report released Aug. 15.

August 15, 2025
GovernmentBusinessLogisticsPrivateGlobal Freight

Walmart Says It Will Raise Prices Due to Tariff Costs

Walmart’s first-quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.

May 15, 2025
GovernmentBusiness

Retail Sales Increase 1.4% in March Ahead of Tariffs

U.S. shoppers stepped up their shopping last month, fueled by a spending spree on big-ticket items, particularly cars, before President Donald Trump’s expansive new tariffs kicked in.

April 17, 2025
BusinessPrivate

Walmart Lowers Outlook for 2025

Walmart delivered another year of strong sales and profits with its competitive prices an increasingly strong magnet for shoppers, but 2025 appears to come with new challenges.

February 20, 2025
BusinessPrivate

Low Prices Boost Walmart in Q3

NEW YORK — Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.

November 19, 2024
BusinessPrivate

Walmart Boosts Outlook for 2024

NEW YORK — Walmart had another quarter of strong sales that topped almost all expectations with its comparatively low prices proving a powerful draw for millions.

August 15, 2024
BusinessLogisticsPrivate

Walmart Offers Workers Opportunities in Skilled Trade Jobs

NEW YORK — Walmart is offering new perks for its hourly U.S. workers, ranging from a new bonus plan to opportunities to move into skilled trade jobs within the company.

June 5, 2024
BusinessPrivateGlobal Freight

Walmart Delivers Strong First Quarter

NEW YORK — Walmart Inc. reported another quarter of strong results May 16 as its low prices pull in shoppers scouring for discounts with inflation stubbornly high.

May 16, 2024