Walmart Inc
Walmart will report earnings before the bell. Here’s what to expect
The Walmart logo is seen outside of one of its stores in Selinsgrove, Pennsylvania. Paul Weaver | Lightrocket | Getty Images Walmart will report its latest quarterly earnings before the bell on Thursday, as investors try to parse whether softer retail sales in January were a blip or a bigger warning sign. As Walmart is […]
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Walmart is getting a bump from a surprising cohort: Wealthier shoppers
Shoppers at a Walmart store in Secaucus, New Jersey, U.S., in March 2024. Gabby Jones | Bloomberg | Getty Images Walmart is known for its low prices and no frills approach. So it may come as a surprise that wealthier shoppers are helping to fuel the retailer’s growth. For more than two years, the discounter […]
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As Target and other retailers drop DEI programs, Black founders could face tougher battle to get and stay on shelves
Brown Girl Jane’s sales have more than doubled since the brand got picked up by Sephora last year. The beauty retailer took the 15 Percent Pledge, an effort to add more Black-owned brands to shelves. Courtesy: Brown Girl Jane Fragrance brand Brown Girl Jane’s perfume bottles sit on shelves at Sephora near some of the […]
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Prebiotic soda brand Olipop valued at $1.85 billion in latest funding round
Super Bowl Ad Olipop Poppi Soda Source: Olipop Prebiotic soda brand Olipop said Wednesday that it was valued at $1.85 billion in its latest funding round, which raised $50 million for the company. Founded in 2018, Olipop has helped fuel the growth of the prebiotic soda category, along with rival Poppi, which highlighted its drinks […]
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Amazon scrubs DEI mention from its annual report
A person walks by The Spheres at the Amazon.com Inc. headquarters in Seattle, Washington, on Nov. 14, 2022. David Ryder | Getty Images News | Getty Images Amazon has removed any references to diversity and inclusion from its most recent annual report. The company filed its report for 2024 on Friday following the release of […]
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As the war on DEI intensifies, some companies hold the line while others work behind the scenes
President Donald Trump speaks during a press conference at the White House in Washington, D.C., Jan. 30, 2025. Xinhua News Agency | Xinhua News Agency | Getty Images There’s a delicate balance playing out at corporations across America. As the Trump administration targets diversity, equity and inclusion initiatives, many prominent companies have publicly scaled back […]
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CNBC Daily Open: Global central banks are lowering rates — the Fed might not be as inclined
The Reserve Bank of India logo outside its headquarters in Mumbai on Feb. 7, 2025. Indranil Mukherjee | Afp | Getty Images On Friday, the Reserve Bank of India trimmed its repo rate by 25 basis points. A day prior, the Bank of England lowered interest rates by 25 basis points, following the European Central […]
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Amazon set to pass Walmart in revenue for first time
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Entertainment | Getty Images Amazon long ago passed Walmart in terms of market cap, but the e-commerce […]
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Temu steers users to ‘local’ products after Trump shuts tax loophole
A package from Temu is seen in front of a screen with the Temu logo. (Photo by Nikos Pekiaridis/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Chinese online retailer Temu has been surfacing more products on its app that can be shipped from warehouses in the U.S. following President Donald Trump’s decision to […]
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Google scraps diversity ‘aspirations,’ citing role as federal contractor
Google CEO Sundar Pichai speaks with Emily Chang during the APEC CEO Summit at Moscone Center West in San Francisco on Nov. 16, 2023. Justin Sullivan | Getty Images News | Getty Images Google is scrapping its diversity goals, becoming the latest tech giant to alter its approach to hiring and promotions following the election […]
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