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Wal-Mart de Mexico posted Q2 revenue growth but saw profits come under pressure. Shares of parent Walmart (WMT) slipped 1.3% on the report, with JPMorgan and Barclays both holding at “neutral.”
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Trump took credit for Walmart’s price cuts, but the retailer says they were already in place. Meanwhile, Sam’s Club is rolling out new health benefits tied to GLP-1 weight-loss drugs.
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M&S expands its Amazon fashion partnership to the Netherlands with over 1,000 products, leveraging local logistics for next-day delivery. AMZN closed at $247.04 on the prior trading day, up 1.40%.
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American families are hunting for back-to-school deals weeks earlier than usual, pressured by sticky inflation and high household bills. Meanwhile, retailers are pouring money into AI but may be neglecting critical operational blind spots just ahead of the Golden Quarter.
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US retailers are pulling Christmas orders from China forward by four to six weeks to dodge potential tariff hikes, driving a 35% surge in May imports and sending transpacific shipping costs up 25% YoY. Meanwhile, Best Buy and Kohl’s saw online traffic jump over 18% during Prime Day as…
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Kroger is back on the M&A trail, striking a $1.65 billion deal for regional grocer Giant Eagle. The acquisition marks the company’s first major move since its failed Albertsons merger and a key test for new CEO Greg Foran.