Walmart: latest retail news and insights | ESM Magazine

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...

Hilton Food Group Reports 'Robust' Performance In FY 2023

Hilton Food Group has reported a 3.7% increase in revenue to £3.99 billion (€4.7 billion) in its financial year 2023 with volume growth of 0.7%.

Spice Maker McCormick Beats Quarterly Results On Steady Volumes, Higher Prices

McCormick beat market expectations for first-quarter sales and profit as consumer demand for its high-priced spices and seasonings held amid sticky inflati...

Walmart-Backed Tech Firm Ibotta Files For US IPO

Walmart-backed digital marketing company Ibotta has filed to go public in the United States, it said in a filing.

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.

Walmart To Open New Milk Processing Facility In Texas In 2026

US retail giant Walmart plans to open a new milk processing facility in Robinson, Texas, in 2026, to meet growing customer demand.

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...

Premium

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...