Walmart reports earnings Thursday amid concerns that U.S. comparable sales may miss expectations, with Oppenheimer downgrading the stock due to slower growth in General Merchandise and Health & Wellness. Target and Home Depot earnings earlier in the week will provide insights into consumer discretionary spending and home improvement demand amid high borrowing costs. Additionally, upcoming Fed minutes and economic data on employment and inflation will influence expectations for future interest rate moves, with policymakers signaling patience unless inflation rises again.
Major retailers like Walmart, Best Buy, and Kroger are replacing paper price tags with digital shelf labels, small electronic screens showing prices. Walmart plans to install these labels in all its 4,600 U.S. stores by the end of 2026. Retailers say...
Walmart's stock surged 16.6% in October, marking its best monthly performance since 1999, closing at a market value just 4.1% shy of $1 trillion. This rise is partly due to investors shifting funds from tech and AI sectors into staples like Walmart, ...
Kroger announced a $5 billion investment through 2029 to lower prices and improve customer value, targeting lost market share to Walmart and Costco. The plan includes simpler promotions, better merchandising, updated store formats, larger loyalty pro...
Steve Forbes argues that the Federal Reserve should focus on reducing money printing and shrinking its balance sheet to strengthen the dollar, which would help combat inflation caused by rising import prices. He highlights that retailers like Walmart...
Walmart has introduced its Agent Gateway, a new platform allowing AI agents to manage transactions and shop on behalf of customers securely. Unlike competitors like Amazon that block AI agents, Walmart supports integrations with AI tools such as Chat...
