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.
Family-owned Milo's Tea expands US operations
Larger corporations as well as small businesses are ramping up domestic manufacturing. One company, founded in Alabama and backed by Walmart, is opening up its fourth facility.
Walmart, Target CEOs discuss 'path forward' with Trump as tariff concerns weigh on consumers
The CEOs of Walmart and Target met with President Donald Trump at the White House on Monday to discuss the impact his tariffs could have on the retail industry.
Sam’s Club phasing out checkouts, betting big on AI shopping
Sam's Club plans to phase out traditional checkouts across its 600 stores, replacing them with a system where members scan items using an app and AI technology verifies purchases as they exit.
Walmart launches Glen Powell's organic food line as consumers eye healthier food options
Actor Glen Powell's Smash Kitchen line of healthier condiments hit store shelves at Walmart on Wednesday. It comes as the trend for healthier products grows.
Walmart adding more gas stations; Sam's Club, like Costco, will have extended hours
Retail giant Walmart said that more than 45 fuel and convenience stations are set to debut or get revamped this year, which will bring its total count in the U.S. to over 450.
Walmart keeps store shelves stocked with eggs as shortage plagues retailers nationwide
The ongoing nationwide egg shortage has forced several companies to place purchasing restrictions on the product. Walmart is one of the retailers that hasn't done so, yet.