retail News Updates

Walmart was cautious about the rest of the year given the current economic uncertainty. 

The service gives businesses access to logistics capabilities Amazon developed to support its own retail operations and independent sellers.

JJ Fleeman, who will assume the role in January from Todd Vasos, has deep experience in the grocery category, most recently at Ahold Delhaize.

Starbucks is opening a new corporate office in Nashville, Tenn., to support its growth ambitions in the South and Northeast U.S., as it eyes opportunities to add up to 5,000 stores.

Target's new CEO is setting big expectations for Wall Street and pledging a return to growth powered by trendy new food products, in-store beauty services and other changes. 

Not only are the capital expenditures eating into Amazon’s free cash flow, but market pros are growing impatient about when they’ll pay off in dramatic fashion. 

FedEx said in a filing that it has suffered injury from having to pay the tariffs and that the relief it's seeking from the court would redress those injuries.

Comparable sales, which track performance at locations open at least a year, rose 0.4% in the quarter ended Feb. 1, better than the average of estimates compiled by Bloomberg.

The retailer has had a strong run in recent years, attracting cost-conscious consumers with low prices and a wide product assortment. Its online operation has broadened its appeal to wealthier households.

Walmart delivered another standout quarter as the promise of lower prices and speedy deliveries drew in a broader spectrum of Americans during the critical holiday shopping period.