Lower-than-expected data on wholesale prices and resilient earnings from retailers were cheered by investors.
Tag: Walmart Stores Inc
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What the $24.6 Billion Kroger-Albertsons Merger Could Mean for Groceries
Two of the largest U.S. supermarket chains hope to join forces as inflation pushes food prices higher and as Amazon and Walmart become more powerful.
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Retailers Stumble Adjusting to More Selective Shoppers
In earnings reports this week, companies showed it has been a struggle to adapt to a consumer mind-set that is vastly different from what it was during much of the pandemic.
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CEOs Are Obsessed With ‘Elasticity’ as Inflation Soars. Here’s Why.
The economic concept, which describes consumers’ sensitivity to prices, is a hot topic as inflation soars and executives fret about profits.
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CVS, Walgreens and Walmart Must Pay $650.5 Million in Ohio Opioids Case
A federal judge ordered the big pharmacy chains to bear about one-third of the responsibility for fueling a deadly drug crisis.