Walmart CFO John David Rainey talked to FOX Business about how the company has been "upleveling" its brand, helping it gain more higher-income shoppers.
The Walmart Effect
New research suggests that the company makes the communities it operates in poorer—even taking into account its famous low prices.
The Consumer Financial Protection Bureau has filed a flurry of suits against major U.S. firms in recent months as the Biden administration winds down.
A woman was killed while standing in line at Walmart and investigators say a teenage gunman fired the shots “to incite fear” at the store, according to the Robeson County Sheriff’s Office. Ezekiel Burden, 17, remains on the run after killing 42-year-old Brandy Nicole Olson, the sheriff’s office said in a Dec. 23 news release.
The federal government is suing Walmart and the fintech company Branch Messenger, accusing the companies of forcing employees to use specific accounts to access their pay and of opening the accounts on the employees’ behalf.
Walmart's stock was climbing 1.3% in recent trading, which puts it on track to snap a four-day losing streak in which it shed 5.3%. J.P. Morgan analysts said in a note to clients that they were "more optimistic" on broadline retailer stocks going into 2025,
The Consumer Financial Protection Bureau (CFPB) is suing Walmart and payroll service provider Branch Messenger for alleged illegal payment practices for gig workers.
A U.S. consumer protection agency alleged Walmart Inc. and one of its financial partners with opening accounts for delivery drivers without their consent.
In the most competitive holiday season in years, major U.S. retailers Target and Walmart are spending more on ads to reach shoppers on short-video app TikTok and streaming platforms. But while recent U.
A second suspect, 17-year-old Ezekiel Burden, remains wanted on a count of first-degree murder and weapons charges. Police said the two targeted two people they knew waiting in line at the Woodforest Bank inside the Walmart. The shots fired ultimately hit 42-year-old Brandy Olson of Lumberton as she waited in line.