Walmart: latest retail news and insights | ESM Magazine

Walmart's Rob Walton Set To Retire From Board

Walmart has said that Rob Walton, the longest serving member on its board and eldest son of founder Sam Walton, is set to retire from his position of the b...

Target Shopper Data, Streaming TV Ads Are Key To Its Sales

Target's retail media unit, a business through which it creates and sells ads, grew more than 20% in its fiscal year ended 3 February, Target CEO Brian Cor...

Retailer Walmex To Invest Around €1.9bn In 2024

Mexican retailer Walmex is set to invest around 34.5 billion pesos (€1.88) in 2024, up 19% from previous year.

Kroger Forecasts Upbeat 2024 As Grocery Demand Stays Strong

Kroger has forecast annual sales and profit largely above Wall Street estimates on higher demand for groceries at its stores as more Americans prepare meal...

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What Walmart May Gain From FTC's Kroger-Albertsons Lawsuit

The Federal Trade Commission's bid to block grocer Kroger's $25 billion acquisition of Albertsons could benefit Walmart, a rival whose close relationships...

Walmart Posts 3.9% Increase In Comparable Sales In Q4

Walmart reported a 3.9% rise in comparable sales, excluding fuel, for the fourth quarter ended 31 January, compared to LSEG estimates of 2.91%.

Shoppers' Spending Power In Focus As Walmart Kicks Off Retail Earnings Season

US retailer Walmart Inc is expected to strike a cautious tone for 2024 when it reports results on 20 February.

Target Considering New Paid Membership Programme: Report

Target is weighing a new paid membership programme for its customers similar to Amazon and Walmart, Bloomberg News reported, citing people familiar wi...