83.52 F
New York
July 13, 2020
Home » Walmart Inc

Walmart Inc

CNBC Business

Retail is on the rebound, but smaller businesses are still at risk, National Retail Federation CEO says

CNBC
CNBC – For more and to sign up click here As retail sales pick up again, National Retail Federation CEO Matthew Shay said he wants to make sure small and mid-sized stores and restaurants can make a comeback, too. “They get hit harder and they get hit first and so......
CNBC Business

Stocks making the biggest moves in the premarket: Lennar, T-Mobile US, Amazon, Eli Lilly & more

CNBC
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Lennar (LEN) – Lennar reported quarterly profit of $1.65 per share, beating the consensus estimate of $1.18 a share. The home builder’s revenue also beat Street forecasts and......
CNBC Business

One stock to buy, and one to avoid, ahead of retail sales data, according to Oppenheimer

CNBC
CNBC – For more and to sign up click here Retail stocks are on watch heading into sales data out Tuesday morning. The May numbers are expected to rebound 9% after a 16.4% drop in April, according to FactSet. Ari Wald, head of technical analysis of Oppenheimer, sees winners and......
CNBC Business

Walmart buys tech from Carezone to help people manage their prescriptions

CNBC
CNBC – For more and to sign up click here A worker delivers groceries to a customer’s vehicle outside a Walmart Inc. store in Amsterdam, New York, on Friday, May 15, 2020. Angus Mordant | Bloomberg via Getty Images Walmart is acquiring technology and intellectual property from CareZone, a start-up......
CNBC Business

Stocks making the biggest moves in the premarket: BP, Pilgrim’s Pride, Starbucks, Shopify & more

CNBC
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: BP (BP) – BP plans to take a writedown of up to $17.5 billion for the current quarter, after significantly cutting its long term outlook for oil and......
CNBC Business

Hashtags won’t cut it. Corporate America faces a higher bar in a reckoning on racial inequality

CNBC
CNBC – For more and to sign up click here Jessica Moore, of Ullin, Illinois, leads a march rallying against the death in Minneapolis police custody of George Floyd in Anna, Illinois, June 4, 2020. Brian Munoz | Reuters In recent days, corporate America has made its strongest statements yet......
CNBC - Real Estate

CEOs are offering plans and investments to address racial inequality after George Floyd death

CNBC Real Estate
Demonstrators cross the Brooklyn Bridge on June 4, 2020. Justin Heiman | Getty Images Corporate America has joined protesters in condemning the death of George Floyd at the hands of police and calling for action to confront racial injustices and racial inequalities in the United States. “There are in fact......
CNBC Business

Walmart will stop putting ‘multicultural’ products in locked cases

CNBC
CNBC – For more and to sign up click here Customers shop at a Walmart store on May 19, 2020 in Chicago, Illinois. Scott Olson | Getty Images Walmart will no longer place “multicultural hair care and beauty products” in locked cases in any of its stores, the company confirmed......
CNBC Business

China’s online grocery platform Dada debuts on the Nasdaq, calls for greater scrutiny on markets

CNBC
CNBC – For more and to sign up click here Dada Founder and CEO, Philip Kuai, at the company’s Nasdaq IPO celebration held in Shanghai on June 5, 2020. Courtesy of Dada SHANGHAI – Chinese grocery delivery company Dada is confident it can stand up to U.S. scrutiny as a......
CNBC Business

First the pandemic hit them. Now retailers and restaurants have to rebuild after protests

CNBC
CNBC – For more and to sign up click here Police gather in front of a Lowe’s hardware store to arrest looters during widespread unrest following the death of George Floyd on May 31, 2020 in Philadelphia, Pennsylvania. Mark Makela | Getty Images Retailers and restaurants shuttered by the coronavirus pandemic had......
CNBC Business

Amazon, Target and Apple scale back business in cities hit hard by protests

CNBC
CNBC – For more and to sign up click here A looter rob a Target store as protesters face off against police in Oakland California on May 30, 2020, over the death of George Floyd, a black man who died after a white policeman kneeled on his neck for several......
CNBC Business

Walmart says its thousands of tech employees will continue remote work — even when pandemic subsides

CNBC
CNBC – For more and to sign up click here Even after the coronavirus pandemic, Walmart plans to have thousands of its tech employees still working from home. In an internal memo sent Thursday afternoon, Walmart’s global chief technology officer, Suresh Kumar, told the tech team that the company is......
CNBC Business

Abercrombie & Fitch sales fall 34%, with stores forced shut during coronavirus pandemic; shares fall

CNBC
CNBC – For more and to sign up click here Pedestrians are reflected in the window of an Abercrombie & Fitch store in New York. Craig Warga | Bloomberg | Getty Images Abercrombie & Fitch said Thursday its sales tanked 34% during the first quarter because of store closings during the......
CNBC Business

Quest Diagnostics hopes to nearly double daily coronavirus testing capacity by end of June, CEO says

CNBC
CNBC – For more and to sign up click here Quest Diagnostics CEO Steve Rusckowski told CNBC on Wednesday that the company continues to ramp up its coronavirus testing capacity as more U.S. workers begin to return to their job sites.  Rusckowski, appearing on “Closing Bell,” said Quest Diagnostics is conducting about......
CNBC Business

Walmart strikes deal with secondhand apparel site to ramp up online fashion sales

CNBC
CNBC – For more and to sign up click here Walmart is getting into the fashion resale market with ThredUp, an e-commerce company that buys and sells secondhand clothes, shoes and accessories. Starting Wednesday, customers can browse thousands of pre-owned items for women and children on the big-box retailer’s website.......
CNBC Business

Niche online brands are surging as stay-at-home orders lead to spike in e-commerce sales

CNBC
CNBC – For more and to sign up click here Box from Empathy Wines Empathy Wines Consumers have spent the past couple decades shifting their spending habits to the internet. Now, with local stores closed and millions of people social distancing, the web has become — by default — the......
CNBC Business

How much you can expect to get from Social Security if you make between $30,000 and $100,000

CNBC
CNBC – For more and to sign up click here The average Social Security check in 2020 is $1,503.  Figuring out how much you can expect every month when you retire depends on a few factors.  The size of your payment will be based on your income from your working......
CNBC Business

E.l.f. Beauty earnings fueled by triple-digit online sales growth, CEO sees more volatility ahead

CNBC
CNBC – For more and to sign up click here elf makeup products Source: e.l.f. Shares of E.l.f. Beauty surged more than 5% in extended trading Thursday after the cosmetics company said sales rose 13% in the fourth quarter, helped by the strength of its online business.   The beauty industry has......
CNBC Business

FAANG emerges as the latest group to lead the market, Jim Cramer says

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer said the most dominant names in technology emerged as the latest stock group to lead the market higher in Wednesday’s session. “These Big Tech stocks led us higher,” the “Mad Money” host said after the major averages......
CNBC Business

‘We’ve probably taken a depression off the table,’ Jim Cramer says

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Tuesday said Wall Street has been buoyed by a succession of positive news in the past week. From the number of states restarting their economies to the current state of the oil market to government intervention,......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More