Walmart said shoppers are still spending about the same as they did a year or two ago, with a focus on food and essentials over discretionary purchases.
June 6, 2025Latest News Updates From Jaewon Kang
Walmart CFO Says Shoppers Remain Focused on Food, Essentials
Walmart Enhances Drone Delivery in Attempt to Speed Up Orders
Walmart is adding drone delivery in five new cities in a bid to expand online sales and get goods to shoppers faster.
June 5, 2025Walmart Pledges Transparency on Prices After Rebuke From Trump
Walmart said it will continue to communicate the impact of tariffs with investors, consumers and policymakers after President Donald Trump criticized the retailer’s plans to raise prices.
June 5, 2025Costco Defies Tariff Shifts With Higher Profit, Lower Prices
Costco posted better-than-expected earnings in its 2025 Q3, a sign that the nation’s largest club chain is flexing its scale and devoted following to navigate tariffs and economic turbulence.
June 3, 2025Walmart Names Company Veteran to Manage International Growth
Walmart selected a company veteran to fill a newly created role that aims to spark international growth, as the world’s largest retailer looks to bolster its overseas operations.
May 16, 2025Walmart Amps Up Discounts to Lure Cost-Conscious Customers
Walmart Inc. is doubling down on discounts, a move to drum up demand and grow market share in the face of macroeconomic uncertainty.
April 24, 2025Lowe’s °®¶¹´«Ã½s In on Professional Customers in $1.3 Billion Deal
Lowe’s has agreed to buy an interior services provider for around $1.3 billion, the retailer’s latest effort to expand its footprint with professional contractors amid a soft housing market.
April 15, 2025Walmart to Absorb Tariff Hikes to Keep Prices Low
As tariff-spooked shoppers begin pulling back on spending, Walmart is prepping for a worsening economy by using its massive footprint to keep prices low and hunt for ways to take market share.
April 9, 2025Albertsons Names New CEO Following Failed Deal With Kroger
Both top U.S. grocery operators are moving on from their respective CEOs only months after a proposed deal to combine their operations was blocked by a federal judge.
March 3, 2025Kroger CEO Rodney McMullen Resigns Following Ethics Inquiry
The board of directors said it was made aware on Feb. 21 of “certain personal conduct by McMullen and immediately retained outside independent counsel to conduct an investigation.â€
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