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3 economic factors Walmart’s CFO says could drive consumer spending pressure
Newsletters
3 economic factors Walmart’s CFO says could drive consumer spending pressure
By Sheryl EstradaNovember 17, 2023
Walmart CEO says high inflation has ended and that shoppers may soon encounter the polar opposite in stores: deflation
Retail
Walmart CEO says high inflation has ended and that shoppers may soon encounter the polar opposite in stores: deflation
By Jeannette Neumann, Brendan Case and BloombergNovember 16, 2023
Dimmed lights, no in-store radio: Morning shopping at Walmart is going to be a lot more peaceful
Retail
Dimmed lights, no in-store radio: Morning shopping at Walmart is going to be a lot more peaceful
By Chris MorrisNovember 8, 2023
Brands like Walmart and Nestle are right to worry about Wegovy. Novo Nordisk sold $900m of the weight loss drug last quarter—and 95% was in the U.S.
Health
Brands like Walmart and Nestle are right to worry about Wegovy. Novo Nordisk sold $900m of the weight loss drug last quarter—and 95% was in the U.S.
By Ryan HoggNovember 2, 2023
Walmart plans to have two Black Friday sales this holiday season
Retail
Walmart plans to have two Black Friday sales this holiday season
By Chris MorrisNovember 1, 2023
Walmart International president and CEO Kathryn McLay speaks at Fortune Most Powerful Women Summit on Oct. 10, 2023.
Newsletters
Walmart International CEO Kath McLay says her first weeks on the job were like ‘drinking from a firehose’
By Ellie Austin and Joey AbramsOctober 18, 2023
Kathryn McLay, President and CEO, Walmart International.
MPW
Walmart exec vows to fight inflation: ‘Now is a time where we are more than relevant in consumers’ lives’
By Paige McGlauflinOctober 10, 2023
William "Bill" Simon, president and chief executive officer of Wal-Mart U.S., speaks during a Bloomberg Television interview on the sidelines of the SelectUSA 2013 Investment Summit in Washington, D.C., U.S., on Thursday, Oct. 31, 2013.
Retail
American consumers are taking their foot off the spending pedal as bargain prices become rarer, former Walmart U.S. CEO says
By Chloe TaylorOctober 10, 2023
Ozempic-type drugs are forcing food giants to grapple with less-hungry, less-impulse-prone consumers: ‘This is brand-new territory’
Retail
Ozempic-type drugs are forcing food giants to grapple with less-hungry, less-impulse-prone consumers: ‘This is brand-new territory’
By Leslie Patton and BloombergOctober 7, 2023
Fast-food outlets ‘are going to be hurt’ in areas where Ozempic and Wegovy are heavily used, but the selloff in candy and beer stocks is ‘somewhat overdone’
Health
Fast-food outlets ‘are going to be hurt’ in areas where Ozempic and Wegovy are heavily used, but the selloff in candy and beer stocks is ‘somewhat overdone’
By Lisa Pham, Dasha Afanasieva and BloombergOctober 6, 2023
Wegovy shots seen in a factory setting.
Lifestyle
Weight-loss-aiding drugs Ozempic and Wegovy are dampening food sales, top Walmart exec says
By Chloe TaylorOctober 5, 2023
Walmart says shoppers taking Ozempic buy ‘slightly less calories’ as retailers brace for the financial consequences of weight-loss drugs
Health
Walmart says shoppers taking Ozempic buy ‘slightly less calories’ as retailers brace for the financial consequences of weight-loss drugs
By Brendan Case, Shelly Banjo and BloombergOctober 4, 2023
Tesla CEO and X owner Elon Musk
Retail
Elon Musk says the shoplifting epidemic is giving him late-stage Roman Empire vibes: ‘America is going full Joker’
By Christiaan HetznerSeptember 27, 2023
Walmart and Kroger are betting on a bankruptcy-hit indoor farming industry that many consider unsustainable
Finance
Walmart and Kroger are betting on a bankruptcy-hit indoor farming industry that many consider unsustainable
By Melina Walling, Kendria LaFleur and The Associated PressSeptember 17, 2023
professionals sitting and talking onstage
Newsletters
Is ‘ESG’ over? GE, Walmart, and Colgate-Palmolive execs on when they do and don’t still use the term
By Sheryl EstradaSeptember 14, 2023
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