Latest Wal-Mart Stores Inc News
Walmart moves guns, ammunition in some stores to secure area
NEW YORK (AP) — Walmart says it has removed ammunition and firearms from displays at some of its stores in the wake of the killing of George Floyd that has set off sometimes violent demonstrations against police brutality and injustice against African Americans. “As a responsible seller of hunting...
41 million jobs lost; homebound gear up to get out, way out
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of the virus. ________________________ IMMOBILIZED: Job cuts in the transportation industry have arrived...
Target, Walmart outbox department stores in reshaped world
NEW YORK (AP) — The future of the post-pandemic retail economy in the U.S. looks both boxy and digital. The pandemic is dividing the industry into potential winners and losers, with Wall Street looking more favorably at e-commerce retailers and companies with well-established online sales. That means...
Pandemic highlights big box stores' ability to pivot
NEW YORK (AP) — Late last year, Best Buy began testing curbside pickup at select stores as a way to respond to customer needs. But that was then. The pandemic accelerated the company's plans and what was supposed to take months instead took just 48 hours, with Best Buy rolling out curbside pickup at nearly...
Clarification: Kroger Bonus Pay story
CINCINNATI, Ohio (AP) — In a story published May 16, 2020, The Associated Press reported on a call by the United Food and Commercial Workers International union to grocery store chains asking to extend hazard pay for workers during the COVID-19 pandemic. The story should have made clear that the letter...
Big box rules: Target's online push readied it for pandemic
NEW YORK (AP) — Online sales at Target more than doubled as the pandemic put millions in lockdown during the first quarter, revealing further the critical role big box stores played in getting supplies to an immobilized population. The Minneapolis company reported Wednesday that comparable-store sales,...
Asian shares mixed as virus worries counter recovery hopes
TOKYO (AP) — Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic. Japan's benchmark Nikkei 225 rose nearly 0.9% in morning trading to 20,606.92 on expectations that a state of emergency...
Tech-assisted COVID-19 tracking is having some issues
PROVIDENCE, R.I. (AP) — Harnessing today's technology to fight the coronavirus pandemic is turning out to be more complicated than it first appeared. The first U.S. states that rolled out smartphone apps for tracing the contacts of COVID-19 patients are dealing with technical glitches and a general lack of...
Walmart becomes a pandemic lifeline, online sales surge 74%
NEW YORK (AP) — Walmart emerged as one of the few lifelines to millions of people as the coronavirus spread, leading to surging profit and sales for the world's largest retailer. Online sales in the U.S. jumped 74% for its fiscal first quarter that ended April 30, which captured the brunt of the...
This Week: Walmart, Deere results, existing home sales
A look at some of the key business events and economic indicators upcoming this week: COVID-19 WINDFALL? Walmart serves up its first-quarter results Tuesday. Analysts predict the retail giant will report flat earnings for the February-April period versus a year earlier and higher revenue. Americans flocked to...
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