Walmart News Updates

Total spending for the period was up 9.3% from last year’s Prime Day sale, held in July, according to Adobe, which tracks visits to retail websites.

Competitors such as Walmart and Target scheduled overlapping promotions, boosting traffic and shopping across the web.

Consumers will spend $26.3 billion online with Amazon and other retailers during this year's Prime Day, according to Adobe estimates.

The company’s last major deal was the acquisition of smart TV-maker Vizio, which Walmart paid $2.3 billion for in 2024 to boost its advertising business.

U.S. consumers will spend $26.3 billion online at Amazon and other retailers during the four-day sale, up 9% from last year’s event in July, according to Adobe.

The nation’s largest supermarket operator said June 18 that same-store sales grew 1% excluding fuel.

CEO John Furner said that low-income consumers are experiencing greater pressure on high gas prices. “That’s really the stress point, is the price of fuel,” he said.

Big companies are goading workers to start using AI. Or they're gatekeeping access to it — the stance is evolving as computing costs mount.

Kroger is looking to compete more fiercely with Walmart and other companies that have gained ground in recent years at the expense of traditional grocery operators.

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