Consumer ETFs showing the real inflation picture
A divide between two consumer ETFs may be signaling the true picture of U.S. inflation as shopping trends dictate where investors are placing their bets.
Walmart gains high-income shoppers as elevated prices persist
Walmart noted yet again that its continuing to gain even more higher-income shoppers. Executives say the driver isn't necessarily price but convenience.
Walmart CFO says 'many consumer pocketbooks' are being stretched as high inflation persists
Walmart said Thursday during a call with analysts that "many consumer pocketbooks" are still being stretched as inflation remains well above the Fed's 2% target.
Walmart holds keys to inflation picture
Investors and economists are waiting as Walmart, the largest private employer in the U.S. and a key indicator of how the consumer is doing, reports its first-quarter earnings.
Walmart cutting hundreds of corporate jobs, asking remote workers to return to office: memo
Walmart is slashing hundreds of corporate jobs and asking remote workers to return to offices across the United States, according to a new report.
Sam's Club says AI will handle exit checks in all stores by end of 2024
Sam's Club announced that by the end of the year, artificial intelligence technology will be used to verify customers' purchases at the exit, slashing wait times.
Ground beef sold at Walmart recalled over E. coli concerns
Cargill Meat Solutions is recalling more than 16,000 pounds of beef shipped to Walmart locations across the country over concerns that it could be contaminated with E. coli.
Walmart launches its largest private grocery brand in decades
Walmart launched a new private food brand with hundreds of items across a variety of categories. This comes as private brands continue to gain market share.
Walmart closing 51 health centers over lack of profitability
Walmart said that it's shuttering all 51 of its health clinics and related telehealth services due to issues tied to reimbursement and rising operating costs.
The history of Walmart: How one man built a retail empire
First opened in 1962 by Sam Walton, Walmart quickly exploded into a retail empire turning over hundreds of billions of dollars in revenue. Here is a look at how he built it.
Walmart backed startup fintech launches buy now, pay later option
Walmart is utilizing fintech startup One, which it has a majority stake in, to help some customers pay for products over time. However, the service rivals Affirm.
Two Walmart stores remove self-checkout machines as retail giants re-think the self-service option
Walmart is scaling back on its self-checkout machines at two stores, as more retail giants reduce the self-service option as part of an effort to fight theft.
Walmart is deploying autonomous forklifts in high-tech distribution centers
Walmart is deploying autonomous forklifts to boost productivity and reduce the physical burden on workers. It's underscoring the company's deepening investment in AI.
Walmart shoppers could get cash payment under $45M lawsuit settlement
Due to a recent $45 million class action settlement, certain Walmart shoppers throughout the U.S. and Puerto Rico could be eligible for a cash payment.
Walmart CEO says customers willing to pay more for convenience
Even though the retail industry is rapidly changing, Walmart U.S. CEO John Furner noted that "the underlying trend of convenience...is here to stay."
Cashews sold at Walmart recalled over undeclared allergens
Cashews sold at Walmart stores in more than two dozen states are being recalled due to undeclared allergens, according to an announcement published by the Food and Drug Administration.
Amazon, Walmart and Target all have paid memberships: what are the perks?
Once Target unveils Target Circle 360 in April, it, Walmart and Amazon will all have paid memberships. FOX Business takes a closer look at the benefits that come with them.
Walmart's 3-for-1 stock split: What to know
Walmart's three-for-one stock split will give more investors and employees the ability to buy full shares of the company, and it goes back to founder Sam Walton's mission.
These major companies are using AI to snoop through employees’ messages, report reveals
Lydia Hu reports on the latest artificial intelligence news that major companies are using a new software to monitor employee conversations.
Why Walmart is buying smart-TV maker Vizio
Walmart announced Tuesday it is buying smart-TV maker Vizio in a $2.3 billion acquisition aimed at boosting the retailer's growing advertising business.