Four reasons Walmart wants to buy smart TV maker Vizio
Walmart is doing some shopping of its own.
Melissa Repko in asian news
In federal trial, Michael Kors says it's harder to sell handbags in TikTok and Taylor Swift era
NEW YORK CITY — In a federal courtroom on Monday, storied fashion designer Michael Kors spoke about the steep challenge of staying relevant in a world where brands can rise and fall based on viral TikTok videos and photos of handbags on the arms of celebrities such as Taylor Swift and Beyoncé.
Macy’s cuts sales forecast as department stores struggle to draw shoppers
Macy's cut its full-year sales forecast Wednesday, as the department store operator said it is contending with selective shoppers and more promotions.
Walmart beats estimates, raises outlook as it sees stable consumer health
Walmart raised its forecast for the year on Thursday, as quarterly revenue grew nearly 5%, the company's stores and website drew more visits and sales outside the grocery department improved.
Home Depot expects sales to weaken as consumers grow more cautious
Home Depot on Tuesday topped quarterly expectations, but cautioned that sales will be weaker than expected in the back half of the year as high interest rates and consumer uncertainty dampen demand.
As inflation fury lingers, politicians join customers in pushing companies to cut prices
Expensive Big Mac meals and fears of surge pricing at grocery stores have put food chains and consumer product companies in politicians' crosshairs.
Inflation outrage: Even as prices stabilize, Walmart, Chipotle and others feel the heat from skeptical customers
Inflation may be cooling, but consumers' outrage over higher prices is running hot.
Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains
Walmart on Thursday topped quarterly earnings and revenue expectations, as the discounter made significant e-commerce gains, drove profits with newer businesses like advertising and won over more high-income shoppers.
Walmart launches new grocery brand, as it tries to hang on to inflation-fueled growth
Walmart is debuting a new grocery brand, as the discounter tries to retain the shoppers it has attracted during a period of high inflation.
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