Business, Private

Walmart Posts Strong Q4, Weakens Forecast on Less Spending

NEW YORK — Walmart reported another quarter of great results, ending 2023 on a high note as low prices attract shoppers looking for deals in an economically challenging environment for many.

Anne D’Innocenzio | Associated Press
February 20, 2024
Business, Private

Walmart Adds Stock Grants as Perk in Manager-Retainment Push

NEW YORK — Walmart is further sweetening the perks for its U.S. store managers as it seeks to retain its leaders and attract new ones in a still competitive job market.

Anne D’Innocenzio | Associated Press
January 29, 2024
Government, Business

Retail Sales Rise 0.3% in November as Holiday Rush Begins

Americans picked up their spending from October to November unexpectedly as the unofficial holiday season kicked off, underscoring the power of shoppers despite elevated prices.

Anne D’Innocenzio | Associated Press
December 14, 2023
Business, Private

Walmart Reports Strong Q2 on Low-Price Model

NEW YORK — Walmart reported strong second-quarter sales results as the retailer’s low-price model continues to attract budget-conscious consumers in a tough economic environment.

Anne D’Innocenzio | Associated Press
August 17, 2023
Business

Target Sales Ebb on Inflation, Pride Month Shopper Backlash

NEW YORK — Target’s second-quarter sales were hit by inflation and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise.

Anne D’Innocenzio | Associated Press
August 16, 2023
Business, Equipment, Private

Walmart Boosts Outlook After a Strong First Quarter

NEW YORK — Walmart reported a strong first quarter and boosted its outlook for the year as the nation’s largest retailer continues to draw budget-conscious consumers.

Anne D’Innocenzio | Associated Press
May 18, 2023
Government, Business

Retail Sales Rise 0.4% in April

NEW YORK — Americans picked up their spending modestly in April, spending money online and dining out, buoyed by a solid job market and a retreat in prices for some things.

Anne D’Innocenzio | Associated Press
May 16, 2023
Business, Logistics

Walmart, Target Begin Holiday Early to Ease Inflation Sting

NEW YORK — Walmart and Target plan to begin offering deals and price matching offers earlier this year to keep up with Americans pressed by soaring inflation and looking for ways to ease the potential sting of holiday shopping.

Anne D’Innocenzio | Associated Press
September 22, 2022
Business

Target Takes a Hit After Heavy Discounts to Clear Inventory

NEW YORK — Target reported solid sales for the fiscal second quarter but its profit plunged nearly 90% after it was forced to slash prices to clear unwanted inventories of clothing, home goods and electronics.

Anne D’Innocenzio | Associated Press
August 17, 2022
Business, Private

Walmart Tops Q2 Expectations as Americans Continue Spending

NEW YORK — Walmart reported better-than-expected second-quarter results as more Americans looked to cut costs on groceries at the nation’s largest retailer in the face of surging inflation.

Anne D’Innocenzio | Associated Press
August 16, 2022