Higher-income shoppers spur Walmart’s growth — CNBC.com
Analysts continue to credit Walmart’s new appeal to affluent consumers with the company’s increased earnings: “Walmart is drawing more online sales from higher-income shoppers, as...
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Topic: Business/Economy
Walmart HQ showcased at conference — WoodCentral.com
The timber used to build Walmart’s new Home Office will be showcased at an upcoming industry conference: “Walmart’s new ‘Home Office’ the enormous project that used more...
READ MOREProduce sales on the rise — RetailWire.com
Consumers are increasingly interested in buying and eating fresh produce: “Fruit dollar sales rose to $47.6 billion — an increase of 5.7% — while vegetable dollar sales hit $43.9 billion, a...
READ MOREWalmart still strives for e-commerce share — PYMNTS.com
Walmart continues to make strides in e-commerce, continuing its quest to catch up with Amazon: “Walmart’s eCommerce share has risen since Q1 2019, from 4.9% to 7.8% in Q3 2024, the report...
READ MOREWalmart partners with Helios on AI prediction — GroceryDive.com
Walmart is working with Helios in the use of AI to predict climate risks and resultant pricing changes for agricultural commodities: “Walmart aims to improve its evaluation of medium- and...
READ MOREPrivate label brands, including Walmart’s, earn praise — StoreBrands.com
Retailers have invested in the quality of their private label brands and a recent Consumer Reports article reveals that many store brands are as good as, if not better, than their brand-name...
READ MORETariffs may impact grocery prices — FoodDive.com
Proposed tariffs may trigger increases in grocery costs: “Food is one of the industries most vulnerable to the effect of tariffs because the perishable nature of products makes it harder for...
READ MOREWalmart, Sam’s Club, other retailers restrict egg purchases — WSBTV.com
Many retailers are putting restrictions on egg purchases, including Walmart and Sam’s Club: “The shortage and resulting high prices are due to bird flu that has affected the chicken...
READ MOREAmericans dealing with debt — RetailDive.com
Many Americans are struggling to manage their debt, something that could have a significant impact on the economy: “Serious delinquencies on auto loans and credit cards are becoming a real...
READ MORES&P Ratings: Tariffs will hurt CPG & retail companies — Chain Store Age
S&P Global Ratings states that tariffs will have a negative impact on the business of retailers and CPG companies: “That’s according to a commentary by S&P Global Ratings, which noted...
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