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Walmart Cuts Full-Year Profit Outlook

Walmart Inc. cut its annual profit outlook for the second time this year, citing the need to lower prices to clear out bloated inventories.

July 25, 2022

Walmart Canada Adds 60-Foot Multizone Refrigerated Trailer

Walmart Canada has expanded its fleet to include for the first time in North America a 60-foot multitemperature-zone refrigerated trailer, built by Utility Trailer Manufacturing Co.

July 25, 2022

PepsiCo Boosts Outlook After Increasing Prices

PepsiCo Inc. is winning the inflation battle so far, successfully passing on surging commodity costs by persuading consumers to pay more for their soda and chips.

July 12, 2022

Amazon Prime Day Comes Amid Slowdown in Online Sales Growth

Amazon is heading into its annual Prime Day sales event today much differently from how it entered the pandemic.

July 12, 2022

Walmart Expands Program That Delivers Right to Your Fridge

Walmart can now drop off groceries right into customers refrigerators via its In窪蹋勛圖厙 delivery service in several large metropolitan areas, the retailer announced July 6.

July 7, 2022

Amazon Will Take Stake in Grubhub, Offer Prime Users Membership

Just Eat Takeaway.com NVs shares jumped the most in almost four years after Amazon.com Inc. agreed to take a stake in its Grubhub business.

July 6, 2022

Walmart Announces New Charges for Suppliers

Walmart Inc. is hitting some suppliers with two new charges as it struggles to soften the blow of surging transportation costs.

July 6, 2022

Amazon Names New Head for Troubled Retail Business

Amazon CEO Andy Jassy on June 21 named a new head for the companys troubled retail business, which is dealing with a glut of warehouse space after a massive expansion during the pandemic.

June 21, 2022

Walmart to Add Four E-Commerce Warehouses to Speed Deliveries

Walmart Inc. announced plans to build what it said would be a high-tech fulfillment center in Joliet, Ill., which is 45 miles southwest of Chicago.

June 3, 2022

Walmart, Others Amass $45 Billion in Extra Stuff to Sell

Big retailers rushed to build up inventories last year amid soaring consumer demand and transportation bottlenecks going so far in some cases as to rent their own cargo ships. Now, theyre trying to figure out how to sell all their stuff.

May 31, 2022