Tag: Walmart Inc
Companies make 2024 the year of cost cuts
Mathisworks | Digitalvision Vectors | Getty ImagesCorporate America has a message for Wall Street: It's serious about cutting costs this year.From toy [...]
Macy’s CEO Tony Spring takes over for Jeff Gennette
Tony Spring speaks at an event unveiling the Macy's new women's apparel brand, On 34th, in July. Spring is former CEO of Bloomingdale's and begins as [...]
Walmart plans to add more than 150 large-format stores in U.S.
An exterior view of a closing Walmart store in Everett. A Walmart store in Everett, Washington, announced its closure and is currently in a liquidatio [...]
Walmart announces 3-for-1 stock split as shares hover below all-time high
A worker carries bananas inside the Walmart Supercenter in North Bergen, New Jersey.Eduardo Munoz Alvarez | APWalmart announced a three-for-one stock [...]
Klarna to debut $7.99 monthly plan ahead of IPO
Swedish buy now, pay later firm Klarna unveils a $7.99 monthly subscription plan called Klarna PlusCourtesy: KlarnaSwedish fintech firm Klarna is laun [...]
Sperry shoes sold by Wolverine World Wide to Authentic Brands Group
Sperry Top-Sider Bill fish Tan and Beige.Mayra Beltran | Houston Chronicle | Getty ImagesWolverine World Wide has sold Sperry to brand management firm [...]
Abercrombie and Lululemon report early holiday results
Combination showing store signage from Abercrombie & Fitch and Lululemon stores.Getty ImagesAbercrombie & Fitch, Lululemon and American Eagle [...]
Shein’s revenue is ‘a lot more’ than $30 billion annually: exec
Shoppers walks past advertisements on the opening day of fast-fashion e-commerce giant Shein, which hosted a brick-and-mortar pop up inside Forever 21 [...]
Online holiday spending rises to new record, Adobe Analytics says
A UPS worker sorts packages in New York on Dec. 18, 2017.Adam Jeffery | CNBCOnline spending rose 4.9% year over year, setting a record for e-commerce [...]
Red Sea crisis fuels shipping costs, delays, inflation
The Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on Thursday, Dec. 21, 2023.Stringer | Bloomberg | Getty Imag [...]
AI is giving Santa a boost this holiday season
Manonallard | E+ | Getty ImagesFor many Americans, it's the first holiday season when most of the family may know the term "artificial intelligence" i [...]
Walmart looks to lab-grown diamonds this Christmas
Walmart started carrying lab-grown diamonds last year in select stores. Now, it has expanded that to nearly 90 items that range from $78 to $498 avail [...]
Cruise autonomous vehicle venture in danger of becoming latest GM flop
DETROIT — General Motors' plans to diversify its business through trendy industries such as ridesharing and other "mobility" ventures or startups have [...]
McDonald’s investor day highlights and top risks in 2024
The Ronald McDonald balloon floats down Central Park West during the Macy's Thanksgiving Day Parade on November 23, 2023, in New York City.Gary Hersho [...]
Walmart hiring, wage pressures have eased, CEO says
A worker stocks the shelves at a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store [...]