Walmart Inc
Trump’s proposed tariffs could raise prices for consumers and slow spending
Shoppers walk through the Fashion Centre at Pentagon City, a shopping mall in Arlington, Virginia, February 2, 2024. Saul Loeb | Afp | Getty Images For retailers and consumers finally feeling some relief from inflation, President-elect Donald Trump’s tariffs proposal introduces fresh uncertainty around how prices could change during his presidency, analysts said Wednesday. Trump, […]
Read More
Amazon gets FAA approval for new delivery drone as it begins tests in Arizona
Amazon said Tuesday it received regulatory approval to begin flying a smaller, quieter version of its delivery drone, the latest step in its long-running efforts to get the futuristic program off the ground. The company unveiled the new drone, called the MK30, in November 2022. It said then that the MK30, in addition to the […]
Read More
Affirm expands buy now, pay later service to the UK, heating up local competition
Key Points Affirm, the U.S. buy now, pay later firm, on Monday launched its services in the U.K. — its first expansion overseas. Max Levchin, CEO of Affirm, told CNBC the company is seeing a lot of demand from merchants in Britain. Affirm’s arrival in the U.K. comes as the government is consulting on plans to […]
Read More
EBay stock sinks after lackluster Q4 guidance, election distraction
A sign is posted in front of eBay headquarters in San Jose, California. Justin Sullivan | Getty Images Shares of eBay slumped about 9% in extended trading on Wednesday after the online marketplace issued guidance for the fourth quarter that fell short of Wall Street’s expectations. Here’s how the company did in the third quarter: […]
Read More
Stocks making the biggest moves midday: McDonald’s, Spirit Airlines, Boeing, AT&T and more
Check out the companies making headlines in midday trading: McDonald’s — The fast-food stock pulled back more than 5% after the U.S. Centers for Disease Control and Prevention said an E. coli outbreak was tied to the chain’s Quarter Pounder burgers . The outbreak led to 10 hospitalizations and one death, the CDC said. Walmart […]
Read More
Walmart will start delivering prescriptions to customers’ doorsteps as CVS and Walgreens struggle
Walmart will start to deliver prescriptions to customers’ doorsteps. Customers can also get additional items dropped off along with medications, such as groceries. Courtesy of Walmart As CVS and Walgreens shutter hundreds of stores nationwide to shore up profits and investor sentiment, Walmart said Tuesday that it is offering a new option for customers: delivering […]
Read More
Indian retail group seeks antitrust probe of quick commerce companies Swiggy, Blinkit, Zepto
Blinkit and Zomato logos are seen in this illustration taken June 27, 2022. Dado Ruvic | Reuters India’s biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce companies — Zomato’s Blinkit, Swiggy and Zepto — for alleged predatory pricing, a letter showed on Sunday. Quick commerce is a new shopping rage in India, with companies […]
Read More
Elections, hurricane damage and more: Here are four factors that will shape holiday shoppers’ purchases
A Macy’s store is seen at Herald Square on December 11, 2023 in New York City. Michael M. Santiago | Getty Images Inflation may have cooled, but retailers are still staring down a holiday season with plenty of uncertainty. Several hard-to-predict factors will influence consumers’ spending, as they deck the halls and look for the […]
Read More
Port of Los Angeles freight rail delays reach two-year high, with holiday and everyday items piling up
A freight engine and shipping containers are viewed in a Union Pacific Intermodal Terminal rail yard on November 21, 2022 in Los Angeles, California. Mario Tama | Getty Images News | Getty Images Record imports over the last several months at West Coast ports, driven by the recent East Coast and Gulf Coast strike diversions […]
Read More
Amazon tests adding robot warehouses to Whole Foods so shoppers can pick up other orders at checkout
An independent contractor wearing a protective mask and gloves loads Amazon Prime grocery bags into a car outside a Whole Foods Market in Berkeley, California, on October 7, 2020. David Paul Morris/Bloomberg via Getty Images Amazon said Wednesday it’s testing adding mini warehouses to Whole Foods supermarkets as part of a bid to attract more […]
Read More