11/20: CBS Evening News – CBS News
11/20: CBS Evening News – CBS News Watch CBS News President Trump accuses some Democrats of “seditious behavior;” Walmart beats earnings expectations. Source link
Tag: Walmart
Read More
E-Commerce Growth and Market Expansion
Updated 4:07 p.m. ET Nov. 20 While Walmart Inc. executives are capable of the kind of corporate chest-pumping that Wall Street adores, they generally play the part of humble servants of the retail giant and are not given to superlatives. But Walmart’s fashion business has the C-suite excited. After beating third-quarter profit estimates, raising its…
What to watch this week
The final full week of trading for the month of November will bring investors two crucial earnings reports and the restoration of the September jobs report, which will set the tone for the year’s final weeks of trading. Results from Nvidia (NVDA) after the close on Wednesday and Walmart (WMT) on Thursday morning will provide…
Walmart says longtime CEO Doug McMillon will retire in January
Walmart on Friday said CEO Doug McMillon, who has led the company since 2014, will retire in January, with company executive John Furner taking over the role on Feb. 1. McMillon, 59, will step down as CEO on Jan. 31 but remain on the retailer’s board of directors until its annual shareholders’ meeting and will…
Food prices are up, but your Thanksgiving feast will cost less this year
As stubborn U.S. inflation continues to drive grocery prices higher in 2025, one surprising exception is emerging this month: the cost of preparing your Thanksgiving meal. Consumers can expect to spend about 2% to 3% less this year on Turkey Day groceries, according to a recent Wells Fargo analysis of a typical Thanksgiving feast. Shoppers are…
Brandon Maxwell Talks 10 Years Anniversary, Creative Director Role of Walmart’s Scoop and Free Assembly
Brandon Maxwell and Walmart are working to democratize fashion. In March 2021, the celebrity stylist turned luxury American fashion designer joined the retail giant as creative director of two of its private fashion brands: Scoop and Free Assembly. His appointment was the first step in their ongoing journey together to bring fashion at a democratic…
Beyond Meat shares sizzle on Walmart deal and meme stock interest
Beyond Meat’s shares are sizzling once again. The plant-based meat company’s shares more than doubled early Wednesday and were recently up more than 92%. Beyond Meat’s shares have surged more than 1,000% over the last four trading days. The rally comes nearly a week after Beyond Meat’s shares plummeted to all-time lows, closing at 52…
Synchrony Rides Walmart Alliance to No. 1 in Credit Card Apps
What a difference Walmart makes. That’s one of the takeaways from our focus for this week’s app provider rankings: Credit card apps. MySynchrony led our most recent sweep of data on app usage and found that its recent enhanced relationship with Walmart could have been the driving factor behind a four-point gain for 55 total…
OpenAI partners with Walmart to let users buy products in ChatGPT, furthering chatbot shopping push
NEW YORK (AP) — OpenAI is partnering with Walmart to let shoppers make purchases directly within ChatGPT, furthering the artificial intelligence company’s push to turn its chatbot into a virtual merchant as it seeks to boost revenue. In an Tuesday announcement, Walmart said the new offering will give customers the option to “simply chat and…
Walmart partners with OpenAI so shoppers can buy things directly in ChatGPT
Walmart is partnering with OpenAI to give shoppers a new feature that lets them complete purchases using ChatGPT, as the retailer invests in artificial intelligence to improve operations. Using ChatGPT’s new “Instant Checkout” feature, shoppers in conversation with the AI-powered bot will be able to browse Walmart’s offerings and complete purchases from within the app. ChatGPT…