WEATHER ALERT
A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarter
Read full article: A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarterTarget has reported sluggish sales and slumping profits in the fiscal third quarter as inflation-weary customers curtailed their spending on apparel and other non-essential items.
Walmart heads into official start of holiday season with strong momentum after robust 3Q results
Read full article: Walmart heads into official start of holiday season with strong momentum after robust 3Q resultsWalmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.
Grocery chains vie for a place on Thanksgiving tables with turkey dinner deals and store brands
Read full article: Grocery chains vie for a place on Thanksgiving tables with turkey dinner deals and store brandsWith Thanksgiving less than two weeks away, food retailers are trying to tempt Americans who haven't recovered from recent price inflation.
Many retailers offer 'returnless refunds.' Just don't expect them to talk much about it
Read full article: Many retailers offer 'returnless refunds.' Just don't expect them to talk much about itIt’s one of the most under-publicized policies of some of the biggest U.S. retailers: sometimes they give customers full refunds and let them keep unwanted items too.
US applications for jobless benefits fall, but continuing claims rise to highest level since 2021
Read full article: US applications for jobless benefits fall, but continuing claims rise to highest level since 2021The number of Americans filing for unemployment benefits fell last week, but the total number of those collecting benefits rose to its highest level in almost three years.
Walmart reaches settlement deal for shareholder lawsuits over its handling of opioids
Read full article: Walmart reaches settlement deal for shareholder lawsuits over its handling of opioidsWalmart says it has reached a proposed settlement pact related to three lawsuits filed by shareholders on behalf of the company over the handling of prescription opioids.
A state's experience with grocery chain mergers spurs a fight to stop Albertsons' deal with Kroger
Read full article: A state's experience with grocery chain mergers spurs a fight to stop Albertsons' deal with KrogerWashington state is in court to try to block a proposed merger between Albertsons and Kroger.
CEOs of Albertsons and Kroger says shoppers would see lower prices after merger
Read full article: CEOs of Albertsons and Kroger says shoppers would see lower prices after mergerThe chief executive officers of Kroger and Albertsons have insisted that merging would allow the two supermarket companies to lower prices and more effectively compete with retail giants like Walmart and Amazon.
Walmart recalls apple juice sold in Florida due to elevated arsenic levels
Read full article: Walmart recalls apple juice sold in Florida due to elevated arsenic levelsWalmart has recalled nearly 10,000 cases of apple juice sold in stores across the U.S. The product was found to contain potentially harmful levels of inorganic arsenic.
Boy, 5, bangs on window for help after woman leaves him in hot car at Walmart, police say
Read full article: Boy, 5, bangs on window for help after woman leaves him in hot car at Walmart, police sayA woman was arrested Monday after police said she left a 5-year-old girl alone in a hot car while shopping at Walmart in Pembroke Pines.
Stock market today: Wall Street leaps, and S&P 500 rallies 1.6% as US shoppers drive the economy
Read full article: Stock market today: Wall Street leaps, and S&P 500 rallies 1.6% as US shoppers drive the economyWall Street rallied close to its record heights after data showed the U.S. economy is holding up better than expected.
Stores lure back-to-school shoppers with deals and 'buy now, pay later' plans
Read full article: Stores lure back-to-school shoppers with deals and 'buy now, pay later' plansMass market retailers in the U.S. are plying shoppers with offers for computers, clothes and other back-to-school essentials at affordable prices.
Walmart retools its young adult clothing line in pursuit of fashion credibility
Read full article: Walmart retools its young adult clothing line in pursuit of fashion credibilityWalmart has spent three years overhauling its mix of adult apparel to make it stylish as well as sensible for middle America.
Miami felon accused of hiding gun in Walmart trash bin during shoplifting incident
Read full article: Miami felon accused of hiding gun in Walmart trash bin during shoplifting incidentA Miami man was arrested Monday at a Walmart for possession of a firearm by a convicted felon, tampering with physical evidence and openly carrying a weapon, authorities said.
Amazon teams up with Megan Thee Stallion to promote its 10th Prime Day sales event
Read full article: Amazon teams up with Megan Thee Stallion to promote its 10th Prime Day sales eventAmazon is partnering with hip-hop star Megan Thee Stallion to boost sales for its 10th annual Prime Day discount event.
Man fatally shot in the chest while trying to deliver package in Opa-locka
Read full article: Man fatally shot in the chest while trying to deliver package in Opa-lockaA shooting and a Miami-Dade police search involving SWAT armored trucks and a helicopter abruptly woke up Opa-locka residents, some of whom couldn’t leave their homes on Saturday morning.
Retail sales were unchanged in April from March as inflation and interest rates curb spending
Read full article: Retail sales were unchanged in April from March as inflation and interest rates curb spendingAmericans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome.
Walmart lays off hundreds of employees and requires others to relocate
Read full article: Walmart lays off hundreds of employees and requires others to relocateWalmart on Tuesday announced layoffs affecting several hundred jobs at the retail giant's campus offices and said it will be requiring most remote workers and personnel in its Dallas, Atlanta and Toronto offices to relocate to office hubs in Bentonville, Arkansas; Hoboken, New Jersey; and the San Francisco Bay Area.
Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful
Read full article: Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentifulAmericans increased their spending pace in March at a better-than-expected pace from the previous month, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges.
Outside roles by NBC's Conde, others reveal a journalism ethics issue: being paid to sit on boards
Read full article: Outside roles by NBC's Conde, others reveal a journalism ethics issue: being paid to sit on boardsMost news organizations hold its journalists to strict ethical standards to avoid conflicts of interest either real or perceived.
Some doorbell cameras sold on Amazon and other online sites have major security flaws, report says
Read full article: Some doorbell cameras sold on Amazon and other online sites have major security flaws, report saysConsumer Reports says some doorbell cameras sold by Amazon and other online retailers have security flaws that could allow bad actors to view footage from the devices or control them completely.
Man, 69, faces felony for severe beating in Miramar Walmart parking lot, police say
Read full article: Man, 69, faces felony for severe beating in Miramar Walmart parking lot, police sayAuthorities booked a 69-year-old Pembroke Pines man into the Broward County jail on Wednesday after police said he severely beat another senior in a Walmart parking lot over a traffic dispute.
Suspicions of stolen credit card prompt roommate’s kidnapping in Miami-Dade, police say
Read full article: Suspicions of stolen credit card prompt roommate’s kidnapping in Miami-Dade, police sayA recent dispute among roommates over a stolen credit card prompted a confrontation that devolved into arrests for kidnapping and drug possession in Miami-Dade County, according to police.
Walmart to acquire smart TV maker Vizio for $2.3 billion in bid to boost its advertising business
Read full article: Walmart to acquire smart TV maker Vizio for $2.3 billion in bid to boost its advertising businessWalmart is buying the smart TV maker Vizio for $2.3 billion as it attempts to expand its rapidly growing advertising business to compete with Amazon.
Man accused of stabbing, carjacking victim he met in parking lot of Miami-Dade Walmart
Read full article: Man accused of stabbing, carjacking victim he met in parking lot of Miami-Dade WalmartA 56-year-old man was arrested over the weekend after he stabbed and carjacked another man who he met in the parking lot of a Walmart in Miami-Dade County, authorities said.
Walmart to build or convert 150-plus stores in next 5 years. It hasn't opened new stores in 3 years
Read full article: Walmart to build or convert 150-plus stores in next 5 years. It hasn't opened new stores in 3 yearsWalmart plans to build or convert more than 150 U.S. stores in the next five years, while continuing to remodel existing stores.
Walmart's latest perk for U.S. store managers? Stock grants
Read full article: Walmart's latest perk for U.S. store managers? Stock grantsWalmart is further sweetening the perks for its U.S. store managers as the nation’s largest retailer and private employer seeks to retain and attract top workers in a still competitive job market.
Walmart experiments with AI to enhance customers' shopping experiences
Read full article: Walmart experiments with AI to enhance customers' shopping experiencesWalmart has unveiled plans to dive further into the world of artificial intelligence — and drones — to improve its customers’ shopping experiences.
Amazon, Target and more will stop selling water beads marketed to kids due to rising safety concerns
Read full article: Amazon, Target and more will stop selling water beads marketed to kids due to rising safety concernsThree major U.S. retailers — Amazon, Target and Walmart — say they’re suspending sales of water-bead products marketed to young children due to growing safety concerns.
Hollywood police officers take take dozens of children on holiday shopping spree
Read full article: Hollywood police officers take take dozens of children on holiday shopping spreeHollywood police officers, with the help of a grant from Walmart, took over two dozen children holiday shopping on Tuesday.
X says Walmart pulled ads in October, weeks before Media Matters hate speech report and Musk rant
Read full article: X says Walmart pulled ads in October, weeks before Media Matters hate speech report and Musk rantWalmart is the latest company to publicly join the growing flock of major advertisers to pull spending from X, Elon Musk’s beleaguered social media company, amid concerns about hate speech — as well as reaching a sizeable audience on the platform.
Retailers are ready to kick off Black Friday just as shoppers pull back on spending
Read full article: Retailers are ready to kick off Black Friday just as shoppers pull back on spendingRetailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements.
Shooting that wounded 4 in Ohio is the second to occur at a Walmart in 24 hours
Read full article: Shooting that wounded 4 in Ohio is the second to occur at a Walmart in 24 hoursPolice say a gunman opened fire inside a Walmart in Ohio and wounded four people before killing himself, the second shooting in 24 hours at a store operated by the retail giant.
Grieving family blames Walmart ‘negligent security’ for father’s murder in Lauderdale Lakes
Read full article: Grieving family blames Walmart ‘negligent security’ for father’s murder in Lauderdale LakesThierry Bastien died in May during a shooting at Walmart in Lauderdale Lakes, and his family is accusing the retail giant of negligence.
Walmart attracts more shoppers seeking to cut spending in Q3, but muted expectations spook investors
Read full article: Walmart attracts more shoppers seeking to cut spending in Q3, but muted expectations spook investorsWalmart extended its streak of strong quarterly gains heading into the holiday season as its low-prices continue to attract shoppers looking for deals in a tough economic environment.
Macy's puts up strong third quarter numbers, raises profit outlook and top end of full-year revenue
Read full article: Macy's puts up strong third quarter numbers, raises profit outlook and top end of full-year revenueMacy’s third-quarter sales declined as consumers remain cautious on their spending, but the results and its adjusted profit both topped Wall Street’s expectations.
Walmart opens first pet care center, plans to open several nationwide
Read full article: Walmart opens first pet care center, plans to open several nationwideWalmart is aiming for a one-stop shop for groceries, home goods and now pet services, after opening its first dedicated pet services in Georgia.
Body cam video shows police responding to fatal shooting inside Florida City Walmart
Read full article: Body cam video shows police responding to fatal shooting inside Florida City WalmartNearly two months after a shooting inside a Florida City Walmart left one man dead and another injured, police released new body camera video Tuesday that shows the chaos and panic at the store in the moments after the gunfire erupted.
Driver who hit 6 migrant workers in North Carolina Walmart parking lot turns himself in to police
Read full article: Driver who hit 6 migrant workers in North Carolina Walmart parking lot turns himself in to policeA North Carolina man who drove his car into a group of migrant workers in a Walmart parking lot has turned himself in to police.
Police: Man ‘somehow’ escapes cop car after ‘undressed’ arrest at Miami Gardens Walmart
Read full article: Police: Man ‘somehow’ escapes cop car after ‘undressed’ arrest at Miami Gardens WalmartA Coral Springs man managed to escape a police cruiser after he was arrested at the Walmart near Hard Rock Stadium in Miami Gardens, making it out of the superstore’s parking lot Tuesday before being taken back into custody, according to authorities.
Pembroke Pines man accused of ‘swinging’ penis in front of mom, daughters outside Walmart
Read full article: Pembroke Pines man accused of ‘swinging’ penis in front of mom, daughters outside WalmartPembroke Pines police arrested a man Friday who was accused of exposing himself to a mother and her two daughters in the parking lot of a Walmart, authorities said.
Walmart to pay California $500,000 in settlement over sale of brass knuckles
Read full article: Walmart to pay California $500,000 in settlement over sale of brass knucklesWalmart will pay half a million dollars in civil penalties to the state of California over allegations that it was selling and allowing third-party vendors to sell brass knuckles on its website.
Gun violence in Broward: 3 shootings in 3 days kill man, injure 2 in Lauderdale Lakes
Read full article: Gun violence in Broward: 3 shootings in 3 days kill man, injure 2 in Lauderdale LakesThree recent shootings in three days in Lauderdale Lakes alarmed the city officials and Broward Sheriff’s Office deputies who are asking the public for help.
BSO: Walmart customer fatally shot after trying to help during altercation between 2 employees
Read full article: BSO: Walmart customer fatally shot after trying to help during altercation between 2 employeesDeputies are investigating a shooting after a was airlifted to the hospital and a large law enforcement investigation was underway after a shooting at a Walmart in Lauderdale Lakes Tuesday.
Tepid outlook from Target after 3rd quarterly profit dip
Read full article: Tepid outlook from Target after 3rd quarterly profit dipTarget said it plans to invest $4 billion to $5 billion this year to expand its services including a drive up service for returns as well as renovate 175 of its existing stores and speed up its online delivery.
Police: Heroic actions kept shooter from doing more harm
Read full article: Police: Heroic actions kept shooter from doing more harmPolice in Indiana say that heroic actions by a Walmart employee and law enforcement officers kept a gunman who shot and injured one female employee from doing more harm.
An inflation gauge tracked by the Fed slows to still-high 6%
Read full article: An inflation gauge tracked by the Fed slows to still-high 6%A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October, likely reinforcing the Fed’s intent to keep raising interest rates to cool the economy and slow the acceleration of prices.
US consumer confidence falls in November for 2nd month
Read full article: US consumer confidence falls in November for 2nd monthU.S. consumer confidence fell for the second straight month in November amid ongoing high inflation, rising interest rates, and layoff announcements by several large tech companies.
Teenage employee among 6 killed in Virginia Walmart shooting
Read full article: Teenage employee among 6 killed in Virginia Walmart shootingAuthorities have announced that 16-year-old Fernando Chavez-Barron was among the six killed at a Walmart in Chesapeake, Virginia, when a manager opened fire in the store with a handgun.
Witness: Walmart shooter seemed to target certain people
Read full article: Witness: Walmart shooter seemed to target certain peopleA witness says that the Walmart supervisor who shot and killed six coworkers in Virginia seemed to target people and shot some victims after they were already hit and appeared to be dead.
Walmart shooter left 'death note,' bought gun day of killing
Read full article: Walmart shooter left 'death note,' bought gun day of killingAuthorities investigating the fatal shootings of six people at a Walmart said that the shooter bought the gun just hours before and left a note on his phone listing grievances against coworkers.
Target's 3Q profit drops 52% as shoppers force price cuts
Read full article: Target's 3Q profit drops 52% as shoppers force price cutsAn unexpected and potentially ominous pullback in customer spending ahead of the holiday shopping season pushed third quarter profits at Target down 52% after it was forced to slash prices for Americans who are feeling the squeeze of inflation.