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There has been some buzz about the possibility that GLP-1 weight loss drugs might cause a decline in grocery spending. New data shows that this is happening, but only in certain categories:...
READ MORESubscribers to Disney+ can get $40 off an annual Walmart+ membership: “As SFGate reported, the streaming service is offering subscribers $40 off a one-year membership to the retailer’s...
READ MOREPhoto by Marques Thomas on Unsplash Walmart CFO John Rainey notes that food inflation may be responsible for less spending on general merchandise: “Walmart has been surprised at the resiliency...
READ MORE130 food producing countries signed an agreement to lower carbon emissions in food production: “Some of the world’s largest food producers are taking new steps to disclose — and reduce —...
READ MOREThe National Retail Federation’s Jack Kleinhenz believes that the U.S. economy is still healthy: “NRF chief economist Jack Kleinhenz said that after a year of challenges, the U.S....
READ MOREAn uncertain economy has resulted in unpredictable consumer behavior. Walmart is committed to keeping prices low at this time: “This is a great move. Walmart is able to use its buying power to...
READ MOREWalmart China is collaborating with VeChain on the use of blockchain for supply chain management: “One of VeChain’s major collaborations took shape through a strategic partnership with...
READ MOREWalmart tops RISNews.com’s list of mass merchandisers on the basis of market share and other factors: “For Walmart, the news this year has been mostly about more. The No. 1 retailer...
READ MOREWalmart executives have concerns about consumer behavior: “The retail bellwether saw ‘anomalous type of behavior’ from customers which ‘made us sit up in our chair’...
READ MOREWalmart is experiencing a “more normalized” employment situation, with more reliable staffing and lower turnover: “‘It’s more normalized,’ McMillon said in an...
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