Walmart: latest retail news and insights | ESM Magazine

Walmart CEO Plans To Stay In Role For At Least Three More Years

Walmart chief executive Doug McMillon, 56, plans to helm the country's largest retailer for at least three more years as the company continues work to iden...

Costco Misses Quarterly Revenue Estimates As Discretionary Spending Slows

Costco Wholesale Corp missed second-quarter revenue estimates, as consumers turned frugal on discretionary spending amid persistently high inflation.

Kroger Sees Annual Profit Above Estimates

Kroger forecast annual profit above Wall Street estimates on Thursday, as the supermarket chain benefits from higher prices, easing cost pressures and stea...

Target Fends Off Holiday Gloom With Discounts, Warns On 2023 Earnings

Target Corp posted a surprise rise in holiday-quarter sales on Tuesday, buoyed by an increase in store traffic from discount-hungry Americans, even as it j...

Dollar General's 2023 Profit Forecast Underwhelms After Storm-Hit Quarter

Dollar General Corp has forecast full-year profit well below expectations after cutting its earnings estimate for the all-important holiday quarter on heav...

Walmart Cautious On Economy, Forecasts Earnings Below Estimates

Walmart Inc forecast full-year earnings below estimates, saying it was cautious about the economic outlook for 2023 and that consumers were likely to conti...

What To Expect From Walmart's Results Next Week

Walmart's results announcement next Tuesday will provide Wall Street with new details on what items American shoppers are buying as rising grocery prices s...

Walmart To Close Three US Tech Hubs, Relocate Staff

Walmart plans to close three of its U.S. technology hubs, asking hundreds of workers to relocate to keep their jobs, a company spokesperson told Reuters.