Walmart

Walmart attributed the profit miss to higher wage expenses as declining omicron cases led to overstaffing, higher inventory and higher costs for shipping, storage, food and fuel due to inflation, which is currently running near a 40-year-high.

The company has fared better than most rivals in maintaining inventory levels due to its massive scale and negotiating power with suppliers, but costs have soared as it expedited shipments and chartered cargo ships to get products on shelves.

Walmart Inc is expected to show a steady rise in gross margins and revenue when it reports first-quarter results on Tuesday as price conscious shoppers, feeling the strain of persistent inflation, increase visits to the low-cost retailer.

The announcement comes as 4.5 million Americans, or about 3% of the workforce, quit their jobs in March.

Back in November, a jury in U.S. District Judge Dan Polster’s courtroom sided with the counties and agreed that the way the pharmacies dispensed pain medication played an outsized role in creating a public nuisance.

Costco is no longer offering a mortgage program for its members.

Effective immediately, Walmart+ customers will get a discount of up to 10 cents on every gallon of fuel they purchase at more than 14,000 participating gas stations around the country.

Amazon followed in the footsteps of a Walmart-owned domestic rival to enter the burgeoning social-commerce space by making a small acquisition in India. It acquired Glowroad.

Retailers across the country are closing Sunday, April 17 to observe the Easter holiday, including Best Buy, Costco, and Target.

The Federal Trade Commission has launched lawsuits against Walmart and Kohl's, claiming false advertising on a wide range of "bamboo" products.

Walmart supply chain workers in Texas and Delaware can also earn their commercial driver's license through a 12-week private fleet development program.

Walmart will end cigarette sales at select U.S. store locations, the company said Monday. The retailer, which has approximately 4,700 total stores in the country, did not disclose how many locations would be affected.

Sakar International recalled for 89,000 Dimensions Bluetooth Speaker Helmets, which were sold at Walmart stores nationwide and on its online marketplace since since July 2020, according to the recall.

Continental Mills issued two separate recalls for several lots of its Buttermilk Pancake & Waffle Mix after "fragments from a cable used to clear the processing line were discovered in a limited amount of product," according to the recall notices posted by the U.S. Food and Drug Administration.

Walmart is also hiring thousands of employees in its global tech organization while simultaneously adding hubs in Toronto and Atlanta.

Some people like pizza, some people like ice cream. Van Leeuwen has decided to churn those two foods together for a new limited-edition pizza ice cream pint, which will be sold at Walmart stores nationwide exclusively for a short time.

The national average price for a gallon of regular gasoline reached $4.173 as of Tuesday, climbing 50 cents from a week earlier, according to AAA data.

Walmart Inc. is looking to expand its delivery infrastructure following the coronavirus pandemic by adding new ways to offer shoppers home delivery and efficiently move online inventory.

Walmart is seeing more customers among higher earners as inflation pushes most demographics into a cost-conscious mode.

Walmart shares rose after the release of its fourth-quarter earnings on Thursday, which beat Wall Street estimates