Walmart issues Q1 report — CNBC.com
Walmart raised its full-year guidance on Thursday after fiscal first-quarter sales rose nearly 8%. The company’s grocery business helped offset weaker sales of clothing and electronics:...
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Walmart raised its full-year guidance on Thursday after fiscal first-quarter sales rose nearly 8%. The company’s grocery business helped offset weaker sales of clothing and electronics:...
READ MOREAs Walmart prepares to release its earnings report, analysts are focusing on the company’s grocery business. Sales are good, but inflation remains a concern: “Walmart remains in a pitched...
READ MOREDroneUp, a drone delivery startup backed by Walmart, has announced employee layoffs: “Attempts at scaling commercial drone delivery in the U.S. have been slow moving, largely due to technical...
READ MOREA new report from Impact Analytics shows that grocery prices in the United States have increased by 0.78% from April to early May: “The steepest increase (1.05%) was observed in cereals and...
READ MOREGrocery delivery sales rose in April, though pickup and ship-to-home both declined: “Delivery sales in April rose 20%. Pickup dipped 3%, and ship-to-home plunged 19%. (Delivery includes orders...
READ MORERecent data shows that Walmart has surpassed Giant Eagle as the leading grocery retailer in Western Pennsylvania: “Despite O’Hara-based Giant Eagle being the hometown grocer, Walmart has been...
READ MOREWalmart and Sam’s Club have been certified as a Great Place to Work by the Great Place to Work® Institute. The certification is based on employee feedback on factors such as trust in...
READ MOREWalmart’s leadership team made a recent visit to Bangalore, India: “McMillon was joined by Walmart International CEO Judith McKenna, as well as other members of the Walmart leadership...
READ MOREConcern over the debt ceiling crisis may be impacting consumer sentiment: “The University of Michigan’s index of consumer sentiment fell 9% to 57.7 in mid-May from 63.5 in April, erasing over...
READ MORESam’s Club is testing an in-warehouse robot that can make hamburgers for its members: “Walmart-owned Sam’s Club is testing out a robot that can assemble your burgers — toppings,...
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