Walmart

Shoppers' Spending Power In Focus As Walmart Kicks Off Retail Earnings Season

US retailer Walmart Inc is expected to strike a cautious tone for 2024 when it reports results on 20 February.

Target's New Private-Label Brand To Offer Some Items Starting At Less Than A Dollar

US variety retailer Target said it will offer some everyday essentials at prices starting less than a dollar as part of the retailer's new private-label br...

Instacart To Cut 250 Jobs As Slowing Ad Business Counters Upbeat Q1 Forecast

Instacart forecast its first-quarter gross transaction value (GTV) and core profit above estimates due to an uptick in grocery orders, and said it plans to...

Target Considering New Paid Membership Programme: Report

Target is weighing a new paid membership programme for its customers similar to Amazon and Walmart, Bloomberg News reported, citing people familiar wi...

Walmart To Open More Than 150 Stores In The US

Walmart is planning to open more than 150 stores over the next five years, as it invests heavily in its operations to stay competitive in a fast-changing r...

Hormel Foods Names New VP Of Retail Sales - East As Patrick Schwab Retires

Food company Hormel Foods has announced the retirement of its vice president of retail sales - East, Patrick Schwab.

Walmart To Raise Annual Wages For US Store Managers

Walmart said that it will raise the annual average salary and bonus for its US store managers beginning 1 February, taking the average hourly wage at...

Mars Invests $237m In New Nature's Bakery Facility In Salt Lake City

Confectionery giant Mars has announced an investment of $237 million (€216.3 million) in a new baking facility for its Nature's Bakery brand, located...