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Walmart CFO Says Shoppers Remain Focused on Food, Essentials

Walmart said shoppers are still spending about the same as they did a year or two ago, with a focus on food and essentials over discretionary purchases.

June 6, 2025

Walmart Enhances Drone Delivery in Attempt to Speed Up Orders

Walmart is adding drone delivery in five new cities in a bid to expand online sales and get goods to shoppers faster.

June 5, 2025

Walmart Pledges Transparency on Prices After Rebuke From Trump

Walmart said it will continue to communicate the impact of tariffs with investors, consumers and policymakers after President Donald Trump criticized the retailer’s plans to raise prices.

June 5, 2025

Costco Defies Tariff Shifts With Higher Profit, Lower Prices

Costco posted better-than-expected earnings in its 2025 Q3, a sign that the nation’s largest club chain is flexing its scale and devoted following to navigate tariffs and economic turbulence.

June 3, 2025

Dollar General Posts Record Sales as Shoppers Pinch Pennies

Dollar General set a quarterly sales record of $10.44 billion and upgraded its annual profit and sales outlook as Americans tighten their budgets and spend more at bargain stores.

June 3, 2025

JBS Overcomes Backlash to Secure NYSE Debut

The Brazilian company’s reorganization plan that has been years in the making received the votes it needed from minority shareholders at a meeting in Sao Paulo, JBS said in a filing.

May 23, 2025

JBS Vote Spurs SEC Probe Request From Rand Paul

Shareholders in Brazil’s JBS, which has beef, chicken and pork operations stretching from Colorado to New Zealand, will meet on May 23 to vote on the plan to sell shares in New York.

May 19, 2025

Walmart Names Company Veteran to Manage International Growth

Walmart selected a company veteran to fill a newly created role that aims to spark international growth, as the world’s largest retailer looks to bolster its overseas operations.

May 16, 2025

CVS Bids for Rite Aid Stores in Pacific Northwest

CVS Health is trying to buy stores and patient data from Rite Aid, the beleaguered pharmacy chain that is going out of business after filing for bankruptcy a second time earlier this month.

May 15, 2025

JBS Profit Jumps as Chicken Gains Beat Beef Downturn

JBS SA said quarterly profit rose more than expected, with chicken making up for the bulk of the increase as the world’s largest meat supplier faces deepening losses at its U.S. beef business.

May 13, 2025