walmart
ValueWalk
New York (AFP) - Walmart reported higher profits Thursday behind solid gains at US stores as the retail giant pointed to increased purchases by wealthier shoppers and improving e-commerce sales. Profits more than tripled to $5.1 billion for the quarter ending April 30 on a six percent rise in revenues to $161.5 billion. Earnings in the 2023 period were dented by exceptional losses in equity investments. The results, which topped analyst estimates, lifted shares, which rose 6.3 percent in morning trading. The improved sales to wealthier shoppers reflect a focus on affordable pricing and conveni...
AFP
Walmart has become a staple in America for its competitive prices for not only consumer goods, but for food as well. But that could be changing in 2024, as the retail giant is closing stores all over the country. Walmart Is Closing Stores Across AmericaAlthough the company seems to be thriving, Walmart is quietly shutting doors on underperforming stores across America, and they are doing it fast. In 2023, Walmart closed 24 stores across 14 states and Washington, D.C. That’s significantly more than the 15 store closings the retail giant had planned. The chain attributes the closings in part to ...
PopCrush
Those shopping through Walmart might want to doublecheck what they’re buying because it could cost them down the road. The retail giant is set to hike fees associated with returns on some items. How Walmart Is Raising Return FeesFor those who have never fully plunged into the world of shopping on Walmart.com, the website operates somewhat like Amazon when it comes to who can sell there. Along with items typically sold at Walmart stores, you’ll also find goods from third-party sellers. It’s those sellers who will initially be hit the hardest by Walmart’s increase of returned item fees. READ MOR...
PopCrush
Those shopping through Walmart might want to doublecheck what they’re buying because it could cost them down the road. The retail giant is set to hike fees associated with returns on some items. How Walmart Is Raising Return FeesFor those who have never fully plunged into the world of shopping on Walmart.com, the website operates somewhat like Amazon when it comes to who can sell there. Along with items typically sold at Walmart stores, you’ll also find goods from third-party sellers. It’s those sellers who will initially be hit the hardest by Walmart’s increase of returned item fees. READ MOR...
Taste of Country
I used to think 2 a.m. was the best time to shop at Walmart when I had a job working at a bar. The aisles were fairly free of people. I enjoyed the quiet after a noisy night in a room full of inebriated bar patrons. READ MORE: The Important Reason Some Walmart Employees Wear Yellow Name TagsThose were the days when Walmarts near me were all open 24 hours. Then the pandemic happened, keeping us from buying Pizza Rolls at 2 a.m. Let’s take a look at the best and worst times to head to Walmart to stock up on supplies for the week. What Is The Best Day To Shop at Walmart?Let’s first discuss your g...
Taste of Country
It looks like Reckitt’s baby formula saga is set to continue for a while. The company's Illinois-based unit was recently ordered by a jury to shell out a hefty $60 million (€55 million) payment to Jasmine Watson, the mother of a premature infant son who passed away following developing a bowel disease allegedly caused by baby formula Enfamil. Enfamil, produced by Reckitt’s American infant formula arm Mead Johnson, is believed to cause necrotising enterocolitis (NEC) - the disease that Watson's son died from - which mainly affects premature babies and is fatal about 15% to 40% of the time. More...
Euronews (English)
US retail giant Walmart reported on Tuesday a profit for the fourth quarter that declined 12.4% from last year, despite strong revenue growth and a solid performance at its international operations. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also provided rosy earnings guidance for the full-year 2025. "We crossed $100 billion in e-commerce sales and drove share gains as our customer experience metrics improved, even during our highest volume days leading up to the holidays," said Walmart President and CEO Doug McMillon. For the fourth qua...
DPA Breaking News
New York (AFP) - Walmart announced Tuesday it will buy smart television maker Vizio for $2.3 billion, boosting the retail giant's advertising venture as growth slows in its legacy business from the pandemic boom. With the all-cash purchase, the US shopping behemoth gains access to Vizio's more than 18 million accounts as another source of strengthened potential connection to those households. Based in California, Vizio is known for what Walmart called "immersive entertainment" through a "customer-centric platform" that lets viewers stream content for free by watching ads. Analysts said the de...
AFP
ValueWalk
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