Households add debt — Yahoo! Finance
U.S. households have added a huge amount of debt and many people are struggling to make their payments: “Households added $394 billion in overall debt, the largest nominal increase in 20 years,...
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Topic: Business/Economy
Walmart & other retailers to release earnings this week — CNBC.com
Walmart and other retailers are getting ready to release their earning reports and some analysts are concerned about how inflation will impact retailers’ financials: “Walmart and Home...
READ MOREMedia focuses on Walmart egg deal — RetailWire.com
Customers recently spotted a carton of eggs for only $2 at a Kentucky Walmart. The media took notice, with many people wondering how Walmart was able to offer such a great deal: “A Walmart...
READ MOREWalmart drone delivery available in seven states — USA Today
Walmart U.S. now offers drone delivery in seven states: “Walmart and other big businesses including Amazon have dived into drone delivery in recent years. Walmart began testing drone delivery...
READ MOREWalmart Mexico reports lower gross margin, increased profit — Reuters
Keeping prices low ate into Walmart Mexico’s Q4 2022 margins but the retailer still saw increased profits over last year: “Profit for the quarter stood at 14.82 billion pesos ($759.65...
READ MORERetail sales rose in January — CNBC.com
Retail sales defied predictions and rose 3% in January. Leading categories include bars and restaurants, vehicle and auto parts sales, and furniture: “Retail sales rose 3% in January, easily...
READ MOREWalmart recognized for delivering a quality omnichannel experience — WinsightGroceryBusiness.com
Incisiv’s 2023 Omnichannel Customer Service Index named Walmart as a leader in delivering a quality omnichannel experience: “Albertsons and Walmart were recognized as two of 20 leaders across...
READ MOREReport: Walmart to close three tech hubs — HCAMag.com
There are reports that Walmart plans to close three tech hubs and will require employees to relocate: “Walmart is closing tech hubs in California, Texas and Oregon, and is looking to relocate...
READ MOREWalmart hypes private brands — PYMNTS.com
Rising costs are straining suppliers, consumers, and retailers alike. Analysts have noted, however, that Walmart’s successful private brands give Walmart an advantage in a tough economy:...
READ MOREWalmart Canada touts Valentine’s Day favorites — Walmart Canada
Walmart Canada provides some astonishing statistics on its Valentine’s Day product sales: “We anticipate we’ll sell approximately 600,000 Valentine’s Day cards across Canada. If...
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