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Consumer sentiment in the U.S. dropped sharply in May, falling 2.7% to 50.8, according to preliminary data from the University of Michigan’s Consumer Sentiment Index. Rising inflation concerns are...
READ MOREThe United States and United Kingdom have agreed on a framework for a new trade pact, the U.S.-UK Economic Prosperity Deal, marking the first such initiative from the Trump administration since the...
READ MOREWalmart’s latest earnings call highlighted the company’s growing strength in eCommerce, which is helping to offset supply chain cost pressures and the impact of tariffs. Management noted that...
READ MOREEgg prices in the United States fell sharply by 12.7% in April after months of soaring costs. This marks the first decline since October 2024, offering some relief to consumers facing historic highs....
READ MOREWalmart will begin raising prices at the end of May due to higher tariff costs. CEO Doug McMillon stated that Walmart will try to keep prices low but cannot absorb all the tariff-related costs...
READ MOREWalmart reported first-quarter revenue of $165.6 billion, marking a 2.5% increase year-over-year, or 4.0% growth in constant currency. Operating income rose 4.3%, or 3.0% on an adjusted...
READ MOREU.S. online grocery sales remained strong in April, reaching $9.8 billion-a 15.2% increase from the previous year and marking the ninth consecutive month above $9.5 billion. Delivery services led...
READ MOREChildren’s Miracle Network has launched its annual spring fundraising campaign with Walmart Canada, running from May 8 to June 1. Canadians are encouraged to donate in-store or online, with all...
READ MOREWalmart is transforming everyday eye care with the introduction of Nuance Audio Glasses and eureka! daily contact lenses for astigmatism, while expanding its virtual eyewear selection. Nuance Audio...
READ MOREWalmart has achieved a 20% year-over-year reduction in unit costs by implementing next-generation automated fulfillment centers, according to John Furner, president and CEO of Walmart US. By the end...
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