Low Prices Boost Walmart in Q3
NEW YORK — Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.
Retailers Offer ‘Returnless Refunds’ to Reduce Shipping Fees
Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.
Walmart Challenges Amazon With Prescription Delivery
Walmart Inc. will start delivering prescriptions to U.S. homes in as little as 30 minutes, a move that’s intended to grab a bigger slice of online spending and compete against Amazon.com Inc.
Port Strike Sparks High Demand for Toilet Paper at Retailers
During visits to Costco stores in northern New Jersey, Oppenheimer analyst Rupesh Parikh said his team “observed behaviors similar to the start of the pandemic.”
Online Holiday Spending Projected to Rise 8.4%
Steep discounts and easing inflation will compel U.S. shoppers to spend $240.8 billion online in November and December, up 8.4% from last year’s holidays and the biggest increase since 2021.
ATA Honors Professional Drivers During Weeklong Celebration
Top commercial drivers highlighted the trucking workforce’s role in promoting transportation safety and economic prosperity nationwide at an event near the U.S. Capitol.
Walmart Overtakes PepsiCo on Top 100 Private Carriers List
Walmart Inc.’s initiatives to strengthen its in-house trucking operations have elevated it to No. 1 on this year’s updated Transport Topics Top 100 Private Carriers list.
Walmart Boosts Outlook for 2024
NEW YORK — Walmart had another quarter of strong sales that topped almost all expectations with its comparatively low prices proving a powerful draw for millions.
Stop & Shop Closing 32 Grocery Stores in US Northeast
Stop & Shop said July 12 that it will close 32 underperforming grocery stores in the Northeast U.S. by the end of the year.
Costco Hikes Annual Membership Fee for First Time Since 2017
Costco Wholesale Corp. is boosting its basic membership fee for the first time since 2017, raising the charge to $65 a year from $60.