INSIDER
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.
Texas-sized spirit: Port Lavaca’s Walmart displays 11-foot homecoming mum
Read full article: Texas-sized spirit: Port Lavaca’s Walmart displays 11-foot homecoming mumIn Port Lavaca, Texas, the local Walmart has showcased an 11-foot-tall homecoming mum, a nod to the state's tradition of extravagant mums during homecoming season
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 25 states due to elevated arsenic levels
Read full article: Walmart recalls apple juice sold in 25 states 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.
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.
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.
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.
Man accused of flashing gun at loss prevention team after being caught stealing at Porter Walmart
Read full article: Man accused of flashing gun at loss prevention team after being caught stealing at Porter WalmartA man has been arrested after authorities said he stole items from a Walmart in Porter and revealed a gun to the loss prevention team who tried to stop him from taking the items.
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.
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.
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.
‘Do your research’: How to protect yourself from sketchy third-party vendors
Read full article: ‘Do your research’: How to protect yourself from sketchy third-party vendorsAfter a Sugar Land man said he was out $350 after buying a Nintendo Switch he never received on Walmart’s website through a third party, KPRC 2 is sharing some tips on how to protect yourself from falling into the same situation.
‘It took Channel 2 to bring this to light’: Walmart investigating third-party vendor after customers complain of scam
Read full article: ‘It took Channel 2 to bring this to light’: Walmart investigating third-party vendor after customers complain of scamDays after KPRC 2 Reporter Rilwan Balogun story aired about a Sugar Land man being out of $350 after buying a Nintendo Switch he never received on Walmart’s website through a third party -- Walmart has since resolved this issue by refunding the customer’s money.
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.
Sugar Land man out of $300 after ordering Nintendo Switch on Walmart’s website through third-party vendor
Read full article: Sugar Land man out of $300 after ordering Nintendo Switch on Walmart’s website through third-party vendorA Sugar Land man says he is out of hundreds of dollars after ordering a gaming system on Walmart’s website through a third party.
Man shot, killed by officer in League City Walmart parking lot was suspect in Houston vehicle robbery
Read full article: Man shot, killed by officer in League City Walmart parking lot was suspect in Houston vehicle robberyThe department said the shooting happened in the Walmart parking lot located at 1701 W. FM 646.
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.
Houston woman says she’s out $800 after someone drained Walmart gift cards she purchased as gifts
Read full article: Houston woman says she’s out $800 after someone drained Walmart gift cards she purchased as gifts“The cards had been only in my possession so the questions was ‘How does this happen?” Kunz said. “And if this is happening to us, who else has this happened to?”
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.
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.
Top tested charging cords
Read full article: Top tested charging cordsYou can buy them just about anywhere. Some are cheap, some are expensive. So how do you know which ones will last? Consumer Reports recently tested charging cords and reveals if you really need to pay a premium to get a cord you can count on.
FDA warns against buying, using eyedrops made in ‘insanitary conditions’
Read full article: FDA warns against buying, using eyedrops made in ‘insanitary conditions’The Food and Drug Administration on Monday expanded its warning not to buy or use eyedrops sold by several major retailers, sometimes under their own brand names.
Suspected driver in hit-and-run crash that killed USPS worker allegedly lied to police about his car being stolen
Read full article: Suspected driver in hit-and-run crash that killed USPS worker allegedly lied to police about his car being stolenA man suspected in a deadly hit-and-run crash on Saturday in north Houston has been arrested and charged, according to the Houston Police Department.
Support Sugar Land woman’s push to get her bath products in Walmart stores
Read full article: Support Sugar Land woman’s push to get her bath products in Walmart storesWhen Candice Wheat started making soap with goat’s milk in her Sugar Land kitchen in 2018, she never imagined the hobby would take her to Bentonville, Arkansas to pitch her products to Walmart executives.
Texas murder suspect shot at Walmart after leading authorities on a chase across 2 counties
Read full article: Texas murder suspect shot at Walmart after leading authorities on a chase across 2 countiesA Texas murder suspect was shot at a Walmart on Saturday after leading authorities on a chase across two counties.
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.
Walmart settles lawsuit from Conroe men detained while returning TV
Read full article: Walmart settles lawsuit from Conroe men detained while returning TVWalmart has settled a federal lawsuit brought by two Conroe men who alleged wrongful arrest and racial discrimination after they were detained by police while trying to return a television.
The Texas shooter in a racist Walmart attack is going to prison. Here's what to know about the case
Read full article: The Texas shooter in a racist Walmart attack is going to prison. Here's what to know about the caseThe Texas gunman who killed 23 people in a racist 2019 attack at a Walmart has returned to federal court for sentencing.
The Texas shooter in a racist Walmart attack is going to prison. Here’s what to know about the case
Read full article: The Texas shooter in a racist Walmart attack is going to prison. Here’s what to know about the caseThe Texas gunman who killed 23 people in a racist 2019 attack at a Walmart has returned to federal court for sentencing.
Everything we know about Walmart Plus Week 2023
Read full article: Everything we know about Walmart Plus Week 2023Amazon Prime Day — which is happening July 11 and 12 — is not the only sale to look forward to this summer: Walmart just announced that it’s hosting Walmart Plus Week from July 10 to July 13. And Walmart Plus members get early access. Before the sale opens to all shoppers on July 11, Walmart Plus members get to start shopping on July 10 and browse exclusive discounts, as well as offers on home, apparel, tech and more.
‘He had no shame’: Woman says man took picture up her dress while she was shopping at Walmart in west Houston
Read full article: ‘He had no shame’: Woman says man took picture up her dress while she was shopping at Walmart in west HoustonA trip to Walmart will be hard for one woman to forget after she said a man took an inappropriate picture of her as she shopped.
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.
It’s National Ranch Day! Here’s the ranch-flavored item no one saw coming
Read full article: It’s National Ranch Day! Here’s the ranch-flavored item no one saw comingIn honor of National Ranch Day on March 10, Van Leeuwen Ice Cream has an exclusive new ice cream collaboration with Hidden Valley Ranch. Yup, you heard that right, Hidden Valley Ranch ice cream.
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.
1 killed, 3 hurt in shooting at El Paso, Texas shopping mall; 1 in custody, another possible shooter remains at-large
Read full article: 1 killed, 3 hurt in shooting at El Paso, Texas shopping mall; 1 in custody, another possible shooter remains at-largePolice in El Paso, Texas, say a one person has been killed and three others have been wounded in a shooting at a shopping mall.
Texas man pleads guilty to federal hate crime and gun charges in 2019 shooting that killed 23 at a Walmart in El Paso
Read full article: Texas man pleads guilty to federal hate crime and gun charges in 2019 shooting that killed 23 at a Walmart in El PasoA Texas man has pleaded guilty to federal charges accusing him of killing nearly two dozen people in a racist attack at an El Paso Walmart.
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.
Walmart employee arrested, admits to stealing $20,000 in cash from registers, PCT. 4 says
Read full article: Walmart employee arrested, admits to stealing $20,000 in cash from registers, PCT. 4 saysA Walmart employee has been arrested and charged after deputies said she stole thousands of dollars in cash from a Spring store’s register.
Free health screenings, affordable immunizations available in Houston for Walmart Wellness Day
Read full article: Free health screenings, affordable immunizations available in Houston for Walmart Wellness DayAs we embark on a new year, Walmart is inviting Houston-area communities to start down the path of getting – and staying – healthy at the first Walmart Wellness Day of 2023 on Saturday.
Attorney General Ken Paxton secures $168M for Texas in opioid agreement with Walmart
Read full article: Attorney General Ken Paxton secures $168M for Texas in opioid agreement with WalmartOn Thursday, Attorney General Ken Paxton announced a planned $3.1 billion settlement with Walmart, with over $168 million designated for Texas, for Walmart’s role in the nationwide opioid epidemic.
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.
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.
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.
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.
Walmart offers to pay $3.1 billion to settle opioid lawsuits
Read full article: Walmart offers to pay $3.1 billion to settle opioid lawsuitsWalmart has agreed to pay $3.1 billion to settle lawsuits nationwide over the impact of the prescriptions its pharmacies filled for powerful prescription opioid painkillers.
Catalytic converter thieves thwarted by constables in Walmart parking lot in Spring
Read full article: Catalytic converter thieves thwarted by constables in Walmart parking lot in SpringDeputies with the Harris County Precinct 4 Constable’s Office say they were able to thwart multiple suspects from stealing catalytic converters from a Walmart on Sunday.
Biden nominates 7 for US attorney, judge and marshal slots
Read full article: Biden nominates 7 for US attorney, judge and marshal slotsThe Biden administrating is putting forth seven new Justice Department and judicial nominations covering three U.S. attorney’s offices in Texas and other senior posts.
Amazon's holiday sales event sees lower sales, group says
Read full article: Amazon's holiday sales event sees lower sales, group saysAmazon said Thursday its Prime members ordered more than 100 million items during a sales event this week that analysts are expecting to be a bellwether for the holiday shopping season.