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Business, Private

Walmart Reports Strong Q2 on Low-Price Model

NEW YORK — Walmart reported strong second-quarter sales results as the retailer’s low-price model continues to attract budget-conscious consumers in a tough economic environment.

Anne D’Innocenzio | Associated Press
August 17, 2023
Business, Private

Aldi to Buy 400 Winn-Dixie, Harveys Stores in Southern US

Discount grocer Aldi said Aug. 16 it plans to buy 400 Winn-Dixie and Harveys supermarkets in the southern U.S.

Dee-Ann Durbin | Associated Press
August 16, 2023
Business, Logistics, Private

Amazon Imposing Fee on Sellers Who Do Their Own Shipping

Amazon.com Inc. is imposing a new fee on merchants who don’t use the company’s logistics services, a change many of these sellers consider coercive and surprising.

August 16, 2023
Business, Technology, Fuel, Private

Amazon Dinged for Coming Up Short on Carbon-Emission Actions

Four years into a plan to eliminate its carbon emissions, Amazon.com Inc. has lost a key endorsement from the world’s leading watchdog of corporate climate goals.

Natasha White and Matt Day | Bloomberg News
August 14, 2023
Business, Logistics, Private

Tyson Foods to Close Four Chicken Processing Plants

Tyson Foods Inc. is closing four chicken processing plants as it looks to lower costs.

Michelle Chapman | Associated Press
August 7, 2023
Business, Private

Amazon Profits, Revenue Surge in Q2

NEW YORK — Amazon on Aug. 3 posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading.

Haleluya Hadero | Associated Press
August 3, 2023
Business, Technology, Logistics, Private

Amazon Fresh Offers Grocery Delivery to Non-Prime Members

Amazon has begun offering its Fresh grocery delivery service to customers who aren’t Prime members.

Haleluya Hadero | Associated Press
August 2, 2023
Business, Logistics, Private

Amazon to Double Number of Same-Day Delivery Facilities

Amazon.com Inc. will double the number of U.S. same-day delivery facilities in the “coming years,” the company announced July 31.

Spencer Soper | Bloomberg News
July 31, 2023
Business, Equipment, Private

United Rentals Profit Rises on Ahern Deal, Demand Tailwind

United Rentals Inc. reported net income of $591 million in the second quarter of 2023, an increase of 19.9% from $493 million in the year-ago period, the company said.

Keiron Greenhalgh | Staff Reporter
July 28, 2023
Business, Private

Walmart Seen Gaining More Than 30% Over the Next Year

Walmart Inc. shares could surge more than 30% in the next 12 months as the shopping behemoth continues to gain market share even as grocery inflation eases, according to Piper Sandler.

Katrina Compoli | Bloomberg News
July 25, 2023