Walmart increases grocery discounts amid economic headwinds
Walmart increases discounts with more than 7,400 rollbacks and 30% more grocery discounts in the second quarter, driving 4.6% same-store sales growth amid economic uncertainty.
FDA issues warning, investigating after radioactive shrimp bound for Walmart detected at major US ports
Shrimp from Indonesia contaminated with man-made Cesium-137 found at US ports, FDA warns consumers not to eat Great Value frozen shrimp.
Hair dryers sold online through Walmart, Target, Amazon recalled over potential electrocution risk
The recalled Remington hair dyers were sold exclusively online at Walmart Marketplace, Target Marketplace and Amazon, according to the Consumer Product Safety Commission.
Walmart slashes grocery costs for employees with expanded discount program as food prices squeeze budgets
Walmart expands associate discount card program to cover 95% of regularly priced store items, adding all food categories effective immediately.
More than 67,000 cases of deodorant sold at Dollar Tree, Amazon and other stores recalled
A recall is underway for tens of thousands of cases of Power Stick antiperspirant deodorant, according to the Food and Drug Administration.
Bread sold at Walmart, Kroger recalled due to undeclared potentially life-threatening allergen
Hartford Bakery recalls Lewis Bake Shop Artisan Style 1/2 Loaf bread from 12 states after consumer complaints about undeclared hazelnuts in the product.
Walmart recalls 850K water bottles after 2 people suffer permanent vision loss from ‘forcefully ejected’ lids
Walmart recalls Ozark Trail 64 oz stainless steel water bottles due to serious impact and laceration hazards from forcefully ejecting lids, with multiple injuries reported.
Amazon Prime Day kicks off massive summer discount season: How are Walmart and Target competing?
Amazon Prime Day officially got underway Tuesday, with the summer sales event slated to last through July 11. Competitors Target and Walmart are also holding multi-day sales events.
Walmart cuts out middlemen with first-ever beef facility as prices soar
Walmart's new beef facility in Olathe, Kansas, creates an end-to-end supply chain for Angus beef, improving transparency while addressing elevated prices and tight cattle supplies.
Sam's Club adds 'hot baked' food item to members-only delivery service
Sam's Club introduces pizza delivery service with varieties at $8.98 each, continuing their focus on convenience alongside Scan & Go, AI-powered checkout.
FOX Business Briefs 6/24
Walmart and Target threaten shoppers with $2,500 fines; Artificial Intelligence app for doctors raises $300 million in funding; AMC Theatres adds pre-show 'platinum spot' ad; 'St. Elmo’s Fire' gets a special 40th anniversary 4K release.
Walmart expands drone delivery service to 3 more states in race against Amazon
Walmart is expanding its drone delivery service to three more states in a bid to compete with rival Amazon.
Retailers shift supply chains to reduce risks from Trump’s tariffs on China
Retailers like Macy's and Target are reducing reliance on China amid Trump's trade war, restructuring supply chains to mitigate tariff impacts and potential price hikes.
Fox Business Briefs 5/22
BJ’s Wholesale Club results strengthen; Walmart to cut 1,500 corporate jobs. Canadian banks brace for trade uncertainty; Strava clinches valuation of $2 billion+; EasyJet sees strong demand.
Walmart to cut about 1,500 corporate jobs
Walmart, the nation's largest private employer, is cutting about 1,500 jobs as it tries to cut overhead costs and streamline operations as economic pressures weigh.
Bessent says Walmart will absorb 'some tariffs' after speaking with retailer's CEO
Treasury Secretary Scott Bessent on Sunday said he spoke with Walmart CEO Doug McMillon, who said the company with absorb "some of the tariffs."
Trump warns Walmart to 'eat the tariffs' instead of raising prices
President Donald Trump criticized Walmart on Saturday for potential price hikes. The company said it would do its best to keep prices down amid the tariffs.
Walmart says some price increases are possible in tariff 'uncertainty,' e-commerce sales grow
Walmart warns of potential price hikes due to tariffs, despite strong Q1 results and e-commerce growth. The retailer remains optimistic about future sales.
Target among growing list of retailers dialing back self-checkout
Target has restricted self-checkout machines to customers with 10 items or less. The company says the move was not due to shoplifting, despite increases in theft.
Walmart supports small businesses, American-made products through new 'Grow With US' initiative
Walmart has launched a new program called "Grow With US," designed to provide U.S. small businesses with training, resources and mentorship they need.