Resilient Shoppers Push Retail Sales Up 0.7% in September
NEW YORK — Americans continued to spend at a solid clip in September even while facing sticker shock in grocery aisles, car lots and restaurants as snarled global supply chains slow the flow of goods.
Walmart to Launch Delivery Service for Other Businesses
NEW YORK — Walmart said Aug. 24 it will start farming out its delivery service, using contract workers, autonomous vehicles and other means to transport rival retailers’ products directly to their customers’ homes in as little as a few hours.
Amazon Delivers a Mixed Bag of Q2 Results
NEW YORK — Amazon on July 29 turned in a mixed bag of results for its fiscal second quarter, coming up short of Wall Street expectations in revenue but beating them on profits.
To Retain Workers, Walmart Moves More of Them Full Time
NEW YORK — Walmart is moving more of its workers full time, with the goal of having two-thirds of its U.S. store hourly jobs be full time with more consistent work schedules by early next year.
Walmart Rolls Out Grocery Delivery Subscription
NEW YORK — Walmart is rolling out a grocery delivery subscription service this fall as it races to gain an advantage in the competitive fresh food business.
Walmart Delivers in Second Quarter
NEW YORK — Walmart raised its annual outlook after a strong second quarter for the world’s largest retailer, thanks in part to strong online grocery deliveries.
Bankruptcy Judge Gives Sears Another Chance
A bankruptcy judge on Feb. 7 approved a $5.2 billion plan by Sears’ chairman and biggest shareholder to keep the iconic business going.
Walmart Expands Offerings in Bid to Stay in Retail Race With Amazon
NEW YORK — Walmart may be bruised by Amazon, but it’s learning how to fight back.
Sears Files for Chapter 11 Bankruptcy Amid Plunging Sales, Massive Debt
NEW YORK — Sears filed for Chapter 11 bankruptcy protection Oct. 15, buckling under its massive debt load and staggering losses. The question now is whether a smaller version of the company that once towered over the American retail landscape can remain viable or whether the iconic brand will be forced out of business
Four Reasons Why Shoppers Are in the Mood to Spend
NEW YORK — The store isn’t dead for Home Depot, Kohl’s, Best Buy or Target. Many traditional chains have posted strong sales, both online and at stores, as people are in a mood to spend.