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Walmart CEO John Furner issued a memo stating that the company will not implement personalized pricing using AI or digital shelf labels. This decision was communicated in an open letter to employees and customers, emphasizing the retailer's commitment to maintaining consistent pricing for all shoppers.
Goldman retail analyst Kate McShane joined Bloomberg Open Interest to discuss the impact of inflation, higher gas prices, and ongoing supply chain issues on the retail sector. She highlighted how these factors are reshaping consumer behavior, with value-seeking trends emerging across all income levels.
BofA analysts say Amazon's reported plans to expand same-day fulfillment centers represent an effort to make basic goods 'immediately accessible.'
Forrester analyst Sucharita Kodali says strong retail sales are hiding a major divide in the US consumer. Higher-income shoppers are still spending, while rising gas costs squeeze lower-income households.
Stocks that are most closely tied to the health of the US consumer have trailed the broader market badly this year.
Walmart Inc. and nonprofit insurer Scan Health Plan are partnering to sell Medicare Advantage plans to seniors. They are betting that they can use the big-box retailer’s data to push down the cost of healthcare.
Walmart Inc. will start delivering food orders from Papa John’s International Inc. as the big-box retailer expands into restaurant delivery. This move ramps up competition with companies such as Uber Technologies Inc. and DoorDash Inc.
Retailers have diverged on how they've reported tariff refunds in their earnings this quarter, with some choosing to lower prices and others boosting margins.
The US Justice Department expanded its antitrust inquiry of the meatpacking industry by demanding information on surging beef prices from eight major food retailers, including Amazon.com Inc., Costco Wholesale Corp. and Walmart Inc.
Walmart has reached a settlement with the U.S. government regarding a long-running opioid lawsuit involving its pharmacies. The terms of the settlement, including the financial details, have not been disclosed.
Nike Inc. said it hired Jane Ewing from Walmart Inc. to become the sportswear company’s chief commercial officer.
Walmart Inc.’s head of communications is stepping down early next year, and the retailer will look for a replacement externally.
Walmart won't charge a 'personalized price', CEO says
Apple, Berkshire, and Walmart All Have New CEOs. Which One Will Do Best?
Costco rival plots massive California expansion with discount memberships, store openings
Amazon will let sellers manage Walmart, eBay, Shopify and TikTok sales from their Amazon dashboards
Why McDonald's is following Walmart and Amazon into the advertising business
Walmart, Target and Costco Forecast: Retail Stocks Face Key Tests
Amazon's big, new delivery push targets Walmart's biggest advantage, Bank of America says
Amazon's secret weapon against Walmart could be a massive blitz in same-day delivery
Amazon Is Coming After Walmart's Biggest Delivery Advantage
Walmart wants to change how you shop online, and it's already working
Amazon, Walmart and Target Forecast: Retail Stocks Test Key Levels
Like Costco, Walmart to sell Medicare Advantage plans
