Browsing: Walmart

Holiday-quarter sales lifted Walmart revenue 5.6% to $190.7B and pushed global e-commerce up 24%, but the retailer forecast FY2027 EPS below estimates.

Walmart opened its first owned case-ready beef facility in Olathe, Kansas, packaging Angus cuts from Sustainable Beef in North Platte, Nebraska for Midwest DCs.

Target CEO Brian Cornell will step down in February 2026 as sales drop for a fourth quarter and Michael Fiddelke takes over amid investor uncertainty.

The FDA announced a recall of DermaRite products over bacterial contamination that threatens the health of vulnerable and immunocompromised people.

Grocery and consumer goods prices in the US are climbing as new tariffs take effect, forcing retailers to pass rising costs on to everyday shoppers.

China could lose $485 billion in US exports by 2027 as tariffs rise, shifting trade flows to Russia, Vietnam, and others amid global supply rebalancing.

US retail sales rose 0.6% in June as consumers prioritized essentials and autos despite inflation and tariffs, highlighting steady demand and economic resilience.

As Trump’s tariffs hit, China retaliated with steep duties and bans on U.S. firms, while the Federal Reserve faces growing pressure to stabilize bond markets.

Amazon announced the closure of seven Quebec warehouses, eliminating 1,700 jobs, amid allegations the move is linked to recent unionization efforts at a Montreal-area facility.

A Salmonella outbreak linked to cucumbers has affected 68 people in 19 states, prompting urgent recalls by FDA. Consumers are warned to discard recalled cucumbers to prevent further illnesses.