The push for supply chain transparency is one of the biggest trends to hit the food industry. Brands have taken notice and adopted a variety of certifications to prove their products are farmed organically, their farmers receive a fair wage, or to address other specialty concerns. There’s also the food safety aspect, as learning where…
The road back to glory won’t be easy for incoming Target (TGT) CEO Michael Fiddelke. If he has any shot at finally hitting some bull’s-eyes on earnings days, then he has to restore Target’s cheap chic DNA — and even that may not be a ticket to success in an economy that’s favoring price leader…
11/20: CBS Evening News – CBS News Watch CBS News President Trump accuses some Democrats of “seditious behavior;” Walmart beats earnings expectations. Source link
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…
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 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…
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 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’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…
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…