Target Net Earnings Drop 90% in Q2 2022 While Walmart Sees Grocery Growth
Inventory markdowns weighed on Target in Q2 2022 as its net earnings dropped to $183 million, down almost…
News August 17
Latest In: Walmart
Walmart Adds Streaming to Walmart+ Membership With Paramount+ Partnership
Walmart is further enhancing the value of a Walmart+ membership with the addition of a Paramount+ Essential subscription…
News August 16
Warby Parker Plans 63 Layoffs to Enhance Agility Amid Uncertain Consumer Behavior
Warby Parker is cutting 63 corporate jobs as part of a restructuring effort, representing approximately 15% of its…
News August 10
NYT: Walmart+ Reportedly in Talks With Disney, Comcast, Paramount for Streaming Deal
Walmart has reportedly met with executives from Disney, Comcast and Paramount to discuss including a streaming service with…
News August 9
Walmart Acquires Supply Management Platform to Enhance Planning Capabilities
Walmart is acquiring Volt Systems, a solution provider that offers suppliers enhanced on-demand visibility into merchandising resources. The…
News August 8
Reports: Walmart Reportedly Lays Off 200 Corporate Executives to Position Itself for the Future
Walmart reportedly is laying off some corporate employees to “better position the company for a strong future,” according…
News August 4
Walmart Launches Refurbished Items Site
Seeking to feed consumers’ hunger for value along with their desire to help save the planet, Walmart has…
News August 1
Walmart and Getaway Enter Tourism-Retail Partnership With New General Store Format
Getaway, which hosts guests in tiny cabins located in forests and nature areas at least two hours from…
News July 28
Walmart Cuts Outlook on Inflation Concerns, Signaling a Challenging Period for Retail
Walmart has adjusted its Q2 and full year 2022 profit outlook, as the retail giant expects shoppers to…
News July 26Top Stories
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