CVS Wants to Be a Healthcare Provider. So Why Doesn’t It Have Any Doctors?

Late last year, CVS Health CEO Karen Lynch unveiled a new strategy: Rather than remain simply a pit stop for toilet paper and flu shots, CVS stores would become a place that Americans—particularly old...

Apple, Walmart Go Big Into Financial Services; Delinquencies, Charge-Offs Rise

Credit Card Delinquencies, Charge-Offs Rise on Path to Normalization Credit card delinquencies and charge-offs rose for all six major U.S. card issuers in October. Bank executives said such a trend is...

Walmart CEO Doug McMillon says theft is ‘higher than what it has historically been’

Walmart CEO Doug McMillon on Tuesday became the latest retail executive to weigh in on theft, describing it as an “issue” that has worsened. During his appearance on CNBC, McMillon said th...

Walmart Thefts Are On The Rise, But Your Portfolio Doesn’t Have To Take The Hit, Too

Getty Images Key takeaways Walmart CEO Dough McMillon reports that retail theft is rising at the chain’s U.S. stores The retailer may be forced to hike prices or close stores if the problem isn’t brou...

Walmart Stock Price Enjoying the Retail Growth During Holidays

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Walmart Stock Price Await for Dividends, Here’s an Overview

Walmart stock price is declining after forming an inverted hammer candle on November 28. The share price is going to retest the 20 day moving average on the daily price chart. Investors are looking fo...

Walmart, JPMorgan, GM CEOs talk about possible slowdown

General Motors CEO Mary Barra speaks during a visit of the US president to the General Motors Factory ZERO electric vehicle assembly plant in Detroit, Michigan on November 17, 2021. Mandel Ngan | AFP ...

Walmart CEO says shoplifting could lead to price jumps, store closures

Walmart stores across the U.S. are grappling with an uptick in shoplifting that could lead to higher prices and closed stores if the problem persists, Walmart CEO Doug McMillon said Tuesday.  “T...

Inflation still a problem for Americans, Walmart CEO says

The American shopper is still feeling “stressed” by inflation, but the effects aren’t being felt evenly across categories, Walmart CEO Doug McMillon said Tuesday. “We’ve ...

Retailers Are Cutting Jobs Instead of Hiring Help Ahead of the Holidays

The holiday season is usually a reason for stores to staff up to handle the surge of shoppers. But Friday’s jobs report showed a concerning trend: Retailers are shedding workers. According to the Bure...

Amazon, Walmart, and Kroger Could Have the Solution to Grocery Deliveries

Shoppers returning to stores in the wake of the Covid-19 pandemic, venture-capital money drying up, and higher labor costs mean the first golden age of food delivery looks to be over. But customers ha...

Costco’s Sales Update Slams the Stock. Strong Grocery Sales Aren’t Enough.

Stock in Costco dropped Thursday as its same-store sales fell short of expectations, a rare miss for the warehouse club owner that highlights how strong sales of groceries aren’t enough to make up for...

Walmart Shooting Survivor Sues Company For $50 Million—Claiming It Knew Alleged Gunman Was Dangerous

Topline One of the survivors of the mass shooting at a Walmart in Chesapeake, Virginia, last week filed a $50 million lawsuit against the company on Tuesday, alleging the company knew the store manage...

Kroger-Albertsons Merger Spells Doom, Gloom And Boom

The merger of Kroger and Albertsons would put control of the grocery industry into the hands of … [+] three companies, which together would represent more than half of the sector by revenue. get...

J.P. Morgan Is Betting Big On The Future Of Healthcare

J.P. Morgan is a cornerstone financial institution, with investments and interests in all sectors across the globe. With regards to healthcare, the company made headlines just a few years ago for its ...

Suspected Virginia Walmart Shooter Bought Pistol Hours Before Killing 6 Employees—Here’s What We Know About The Gunman

Topline The Walmart manager accused of killing six co-workers at a breakroom in Chesapeake, Virginia, Tuesday night purchased the pistol he used just hours before he opened fire and targeted specific ...

Walmart shooter bought gun day of attack, left behind ‘death note’

A police tape is seen at the site of a fatal shooting in a Walmart on November 23, 2022 in Chesapeake, Virginia. Nathan Howard | Getty Images The Walmart night crew supervisor who shot and killed six ...

Walmart overtakes Amazon in shoppers’ search for bargains

Walmart is top of mind for holiday shoppers who are hunting for Black Friday deals, according to new research. The big box retailer is dominating online searches for Black Friday discounts as of Frida...

Most Stores Are Closed Today

A sign of bygone times? In 2009 this Old Navy store in San Francisco was advertising its … [+] Thanksgiving hours. (Photo by Justin Sullivan/Getty Images) Getty Images Mall managers, millions of...

Who owns Walmart? It’s not China. History and look at the biggest shareholders in the company.

Since opening in 1962 in Rogers, Arkansas, Walmart has grown to approximately 10,500 stores and Sam’s clubs in 24 countries, according to its corporate website. What started as a small shop has ...

Is Walmart Stock Price Ready To Rally For $200?

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Suspected Assailant In Chesapeake Walmart Shooting Worked At The Store, Police Say

Topline The suspected gunman who killed six people and injured at least four before killing himself in a Walmart in Chesapeake, Virginia, late Tuesday night was an employee at the store, according to ...

Walmart employee killed 6 people at Chesapeake, Virginia, store, police say

Law enforcement work the scene of a mass shooting at a Walmart, Wednesday, Nov. 23, 2022, in Chesapeake, Va. The store was busy just before the shooting Tuesday night with people stocking up ahead of ...

Multiple People Dead In Virginia Walmart Mass Shooting

Topline Multiple people were killed by a gunman at a Walmart in Chesapeake, Virginia on Tuesday night, local police said, in an incident which comes just three days after another high profile mass sho...

Why Preserving Honduras’ Rainforest Will Prevent A Brain Drain

TOPSHOT – Honduran migrants take part in a caravan towards the United States in Chiquimula, … [+] Guatemala on October 17, 2018. – A migrant caravan set out on October 13 from the im...

Walmart and Target’s quarterly results lay bare retailers’ differences

Walmart‘s stock surged this week. Target‘s shares plunged. The rival big-box players are both known for selling an array of products including food, clothing, home goods and kitchen applia...

Walmart (WMT) earnings Q3 2023

Walmart said Tuesday that sales rose by nearly 9% in the fiscal third quarter, as Americans across income levels bought the company’s low-priced groceries. The discounter beat Wall Street’...

Walmart Offers $3.1 Billion To Settle Opioid Lawsuits—Joining Rival Retailers Accused Of Fueling Drug Crisis

Topline Walmart on Tuesday offered to pay $3.1 billion to settle claims it mishandled prescriptions for powerful painkillers, joining a growing list of companies striking billion dollar deals to end r...

Walmart, Taiwan Semiconductor, Netflix, Carnival and more

Bing Guan | Bloomberg | Getty Images Check out the companies making the biggest moves midday. Walmart — Shares of retailer Walmart jumped more than 7% after reporting quarterly earnings that beat Wall...

Walmart, Vodafone, Getty Images and more

Take a look at some of the biggest movers in the premarket: Walmart (WMT) – Walmart shares surged 6.9% in the premarket after the retailer reported better-than-expected quarterly profit and revenue, a...

Amazon Stock Pre-Holiday Deep Dive: AMZN Outlook Fall 2022

| Getty Images Key Takeaways This used to be the busiest time of the year for Amazon due to all of the holiday shopping; however, Amazon recently stock dropped with wilting expectations for the remain...

Understanding Walmart’s Automated Supplier Negotiations

Walmart store enrance getty It had to happen. WalmartWMT is now using artificial intelligence (AI) to buy merchandise. Too often, corporate buyers lack the time to negotiate fully with all possible su...