Walmart Inc. shares jumped after the retailer posted strong quarterly sales growth and boosted its profit outlook, an impressive feat after facing a difficult comparison with last year’s pandemic-fueled stockpiling.
Walmart Inc. just took one step closer to being JPMorgan Chase & Co.’s biggest nightmare. By luring a pair of senior bankers from Goldman Sachs Group Inc. to run its fledgling financial technology startup, the world’s largest retailer is gaining even more heft as it seeks to become a one-stop shop for consumers’ financial needs. The move struck fear on Wall […]
With restaurants resuming some dine-in services and more people returning to work, grocery stores are getting the short end of the stick.
Steven Weinstein raised his first-quarter revenue expectations for Wayfair Inc. after scouring credit and debit card information from millions of Americans.
Fear of contracting Covid-19 pushed shoppers to the web, but most still prefer to pick out their own steaks and bananas.
Walmart Inc. jumped on Tuesday after reporting coronavirus-related stockpiling led to a surge in quarterly sales, underscoring the company’s strong position amid widespread carnage in the U.S. retail sector.
So what did Americans do during the lockdown?