Latest News Updates From Jaewon Kang

BusinessPrivateTop 100

Costco’s Profit Tops Estimates as Shoppers Prize Deals

Costco Wholesale's quarterly profit in its fiscal 2026 first quarter rose more than expected, a sign that price-sensitive shoppers continue to search for value. 

December 11, 2025
BusinessEquipmentLogisticsPrivateTop 100

°®¶ą´«Ă˝ Depot Issues Cautious 2026 Outlook

The U.S. housing market has weighed on °®¶ą´«Ă˝ Depot as high interest rates prompt consumers to remain on the sidelines for big-ticket purchases and projects that require financing.

December 9, 2025
BusinessPrivate

Kroger Cuts Guidance as Shoppers Get Choosy About Spending

Kroger’s results add to mixed signals about the health of the U.S. economy as consumers navigate persistent woes about inflation and the cooling labor market.

December 4, 2025
BusinessPrivate

Walmart CEO Doug McMillon to Retire in 2026

Walmart CEO Doug McMillon, who over a decade ushered the big-box behemoth into the internet age, will retire in February. He’ll be replaced by U.S. head John Furner.

November 14, 2025
GovernmentBusinessPrivateTop 100

Walmart Halts Job Offers to Candidates Needing H-1B Visas

Walmart has paused offers to candidates requiring H-1B visas, sources said, the latest example of how the Trump administration’s $100,000 visa fees are disrupting workforces.

October 21, 2025
BusinessPrivate

Walmart Lures Cautious Holiday Shoppers With Cheap Turkeys

Walmart has been keeping food prices competitive in a bid to pick up market share. Its grocery business is less exposed to import duties than consumer products like car seats and apparel.

October 21, 2025
BusinessTechnologyLogisticsPrivateTop 100

Walmart Partners With OpenAI to Power ChatGPT Shopping

Users will be able to shop Walmart’s assortment directly on ChatGPT by clicking a “buy” button, said Daniel Danker, Walmart’s executive vice president of AI, product and design.

October 14, 2025
BusinessPrivateTop 100

Costco Earnings Beat Estimates on Dependable Consumer Demand

Costco Wholesale Corp. reported quarterly profit that was better than expectations, a sign that spending remains healthy as shoppers prioritize essentials and seek value.

September 25, 2025
BusinessLogisticsPrivateGlobal Freight

Walmart Adds °®¶ą´«Ă˝ Delivery for Ozempic, Insulin

Shoppers can receive refrigerated prescriptions along with groceries and other products in a single online order, which can be delivered in as fast as 30 minutes.

September 22, 2025
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