Analysis-Amazon Has A Prime Edge Over Walmart: Richer Customers
Amazon Inc's strong quarterly performance on Thursday offered another sign of a split in shopping patterns between more- and less-affluent Americans dealing with the highest inflation in four decades.
Walmart 'Train Wreck' Profit Warning Sends Shares Down 10%
Top U.S. retailer Walmart Inc on Monday slashed its profit forecast as surging prices for food and fuel prompted customers to cut back on discretionary purchases, and its shares slid 10% in trading after the bell.
Walmart 'Train Wreck' Profit Warning Sends Shares Diving 10% In Late Trade
Top U.S. retailer Walmart Inc on Monday said its 2022 profits would drop much further than previously forecast as surging prices for food and fuel prompted customers to cut back on discretionary purchases, and its shares slid 10% in trading after the bell.
Walmart Says Some Suppliers Working With Retailer To Cut Prices
Senior Walmart Inc executives said on Friday some suppliers have been responding to the largest U.S.
Walmart To Add 4,000 Jobs With Four New U.S. Fulfillment Centers
Walmart Inc announced plans on Thursday to open four new fulfillment centers in the United States over the next two years, creating 4,000 new jobs that will expand its delivery network and make workers' jobs easier.
U.S. Retailer Earnings Show Chasm Among Shoppers As Inflation Surges
Earnings from retailers this week illustrated a split in shopping patterns of more- and less-affluent Americans dealing with the highest inflation in four decades.
Walmart To Offer Its Walmart Plus Service To Its Workers For Free
Walmart Inc, the world's largest retailer, will offer its Walmart Plus membership service free for part-time and full-time workers in the United States, it said on Tuesday, joining a growing list of retailer perks being offered in a tight labor market.
Bank Of America Profit Beats On Lower Costs, Loan Growth
Bank of America Corp. reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender benefited from cost cuts, while higher interest rates and loan growth helped offset weaker bond trading revenue.
