Latest Wal-Mart Stores Inc News

FILE - In this Nov. 5, 2020 file photo, a Target employee places a curbside pickup purchase into the trunk of a customer in Jackson, Miss. The nation’s largest retail trade group says Friday, Jan. 15, 2021,  that holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away from physical stores.  (AP Photo/Rogelio V. Solis, File)

Retail group: holiday sales up 8.3% amid big spending shift

Jan. 15, 2021 3:07 PM EST

NEW YORK (AP) — The nation’s largest retail trade group said Friday that holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away from physical stores. The National Retail Federation had expected growth in a range of 3.6% to 5.2% for the November and December...

A sale sign is displayed near the entrance of a Hallmark store Tuesday, Jan. 12, 2021, in Orlando, Fla.  Retail sales fell for a third straight month, as a surge in virus cases kept people away from stores and restaurants during the holiday shopping season.     The report released Friday is yet another sign that the pandemic is slowing the U.S. economy. Last month, the country lost jobs for the first time since the spring.(AP Photo/John Raoux)

U.S. retail sales fell in December for 3rd straight month

Jan. 15, 2021 12:29 PM EST

NEW YORK (AP) — Americans cut back on spending in December for the third-straight month as a surge in virus cases kept people away from stores during the critical holiday shopping season. The U.S. Commerce Department said Friday that retail sales fell a seasonally adjusted 0.7% in December from the month...

FILE - In this Monday, May 2, 2016, file photo, Jet.com CEO Marc Lore speaks during an interview in Hoboken, N.J.  Lore, Walmart’s e-commerce chief, is leaving the world’s largest retailer, Friday, Jan. 15, 2021, nearly five years after he joined to super charge its online business amid stiffer competition from online leader Amazon. Under Lore’s stewardship, Walmart led the redesign of the company’s website, expanded its online assortment from 10 million to more than 80 million and transformed its delivery network to add two-day and same day delivery.    (AP Photo/Seth Wenig, File)

Walmart's e-commerce chief to leave after nearly 5 years

Jan. 15, 2021 12:07 PM EST

NEW YORK (AP) — Marc Lore, Walmart's e-commerce chief, is leaving the world's largest retailer, nearly five years after he joined to super charge its online business amid stiffer competition from online leader Amazon. Under Lore's stewardship, Walmart led the redesign of the company's website and app,...

FILE - In this Oct. 1, 2020 file photo, an Amazon Prime logo appears on the side of a delivery van as it departs an Amazon Warehouse location in Dedham, Mass.  Online shopping has been a lifeline for many as the virus pandemic shuttered stores and kept people at home. The COVID-19 pandemic has accelerated the change in how people shop in a world growing more comfortable and savvier with technology.  (AP Photo/Steven Senne, File)

Retail's online future grows brighter after pandemic bump

Jan. 7, 2021 10:10 AM EST

Online shopping has been a lifeline for many as the virus pandemic shuttered stores and kept people at home. The COVID-19 pandemic has accelerated the change in how people shop in a world growing more comfortable and savvier with technology. E-commerce sales' strong growth is expected to continue long after the...

FILE - In this Dec. 16, 2020 file photo, Sen. Josh Hawley, R-Mo., asks questions during a Senate Homeland Security & Governmental Affairs Committee hearing to discuss election security and the 2020 election process on Capitol Hill in Washington.  Walmart apologized on Wednesday, Dec. 30, for a tweet that called Hawley a sore loser for contesting the U.S. presidential election. The tweet from Walmart was in response to Hawley’s tweet announcing his plans to raise objections next week when Congress meets to affirm President-elect Joe Biden’s victory in the election.  (Greg Nash/Pool via AP, File)

Walmart apologizes for tweet calling Sen. Hawley sore loser

Dec. 30, 2020 4:24 PM EST

NEW YORK (AP) — Walmart apologized Wednesday for a tweet that called Republican Missouri Sen. Josh Hawley a sore loser for contesting President-elect Joe Biden's victory in the U.S. presidential election. The now deleted tweet, “Go ahead. Get your 2 hour debate. #soreloser," was mistakenly sent by...

FILE - In this Tuesday, Dec. 15, 2020, file photo, Senate Majority Leader Mitch McConnell, of Kentucky, speaks during a news conference with other Senate Republicans on Capitol Hill in Washington, while Sen. John Barrasso, R-Wyoming, listens at left. “There will be another major rescue package for the American people,

Trump's hesitation on relief bill will delay aid payments

Dec. 28, 2020 2:45 PM EST

WASHINGTON (AP) — The $900 billion economic relief package that President Donald Trump signed over the weekend will deliver vital aid to millions of struggling households and businesses. Yet his nearly one-week delay in signing the bill means that it will take that much longer for the financial support to...

Holiday sales tick up as shoppers invest in their homes

Dec. 26, 2020 4:56 PM EST

NEW YORK (AP) — Retail sales increased a modest 3% during a longer holiday season this year, as homebound shoppers spent more on furnishing and food but less on clothing and jewelry, according to figures released Saturday by a firm that tracks all forms of payments. The increase fell short of predictions...

People shop at a Walmart Thursday, Feb. 6, 2020, in El Paso, Texas. The Justice Department is suing Walmart, alleging the company unlawfully dispensed controlled substances through its pharmacies, helping to fuel the opioid crisis in America, a person familiar with the matter told The Associated Press. The civil complaint being filed Tuesday, Dec. 22, 2020 points to the role Walmart’s pharmacies may have played in the crisis by filling opioid prescriptions and by unlawfully distributing controlled substances to the pharmacies during the height of the opioid crisis, the person said. (AP Photo/Cedar Attanasio)

Feds sue Walmart over role in opioid crisis

Dec. 22, 2020 6:35 PM EST

WASHINGTON (AP) — The Justice Department sued Walmart on Tuesday, accusing it of fueling the nation’s opioid crisis by pressuring its pharmacies to fill even potentially suspicious prescriptions for the powerful painkillers. The civil complaint filed points to the role Walmart’s pharmacies...

A Target employee places a curbside pickup purchase into the trunk of a customer in Jackson, Miss., Thursday, Nov. 5, 2020.  After a weak start to the holiday season for many mall-based retailers, the strugglers are making their final push in the final days before and the week after Christmas. Many are stepping up discounts while heavily promoting curbside pickup as a way to get shoppers, worried about being infected with  the virus,  to visit their stores. But experts believe that any burst of sales will be too little and too late to save some stores.  (AP Photo/Rogelio V. Solis)

The holidays could make or break struggling stores

Dec. 21, 2020 2:57 PM EST

NEW YORK (AP) — Clothing stores and specialty retailers are offering big discounts and heavily promoting curbside pickup in hopes of rescuing a lackluster holiday shopping season in which surging coronavirus cases have kept many shoppers at home. For some, it could be their last chance at survival. And...

Chef Proprieter Brenda Buenviaje smiles as she is interviewed at Brenda's French Soul Food in San Francisco, Wednesday, Dec. 9, 2020. In pre-pandemic days, Brenda's French Soul Food was always hopping, but everything came to a screeching halt on March 16, when San Francisco halted indoor dining to stop the spread of the coronavirus. It reopened for takeout and delivery, and Buenviaje is now shipping meals nationwide through a service called Goldbelly. (AP Photo/Jeff Chiu)

From restaurants to retailers, virus transformed economies

Dec. 16, 2020 12:59 PM EST

NEW YORK (AP) — It would be just a temporary precaution. When the viral pandemic erupted in March, employees of the small insurance firm Thimble fled their Manhattan offices. CEO Jay Bregman planned to call them back soon — as soon as New York was safe again. Within weeks, he'd changed his mind....