Latest News Updates From Jaewon Kang

BusinessLogisticsPrivate

Kroger Raises Outlook on Healthy Grocery Demand

Food retailers have posted steady sales in recent years, benefiting from shoppers prioritizing necessities even as they cut spending elsewhere.

September 11, 2025
BusinessLogistics

Kroger Cuts 1,000 Corporate Jobs After Merger Collapse

The company is making structural changes to its teams across the U.S., interim CEO Ron Sargent said in a memo to staff on Aug. 26.

August 26, 2025
BusinessLogisticsPrivateGlobal Freight

Walmart Adds Next-Day Shipping in Key Cities

Walmart's fulfillment service, which stores and ships products for third-party marketplace sellers, will provide next-day delivery in New York, Los Angeles, Chicago, Houston and Atlanta.

August 26, 2025
BusinessLogisticsPrivateTop 100

Walmart Hires Instacart Executive to Lead AI Push

Walmart is hiring an executive from Instacart to accelerate its use of artificial intelligence as one of the world’s largest retailers looks to bolster its competitive edge.

July 23, 2025
BusinessPrivateTop 100

Walmart Eliminates Hundreds of Store-Support, Training Jobs

Walmart is cutting hundreds of store-support roles, its latest move to simplify the structure of the world’s largest retailer.

July 17, 2025
BusinessPrivate

°®¶¹´«Ã½ Depot to Buy GMS at $4.3 Billion Value

°®¶¹´«Ã½ Depot has agreed to acquire specialty building products distributor GMS for $4.3 billion, its latest effort to grab more spending from professional contractors.

June 30, 2025
BusinessTechnologyLogisticsFor-HirePrivateTop 100

Target Eyes Shein, Temu Model With Factory-Direct Shipping

The company is seeking to broaden its range of low-cost offerings through the program, said people familiar with the matter, who asked not to be named because the test hasn’t been announced.

June 24, 2025
BusinessPrivateTop 100

Walmart CFO Says Shoppers Remain Focused on Food, Essentials

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, 2025
BusinessTechnologyLogisticsAutonomousPrivateTop 100

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, 2025
BusinessPrivateTop 100

Walmart 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, 2025