Walmart To Hire More Than 50,000 Staff For New Business Push
Walmart is looking to recruit more than 50,000 new staff by the end of April, as it chases growth in new business categories from...
Britain’s Space NK Brings New Beauty Offer To Walmart Stores
British retailer Space NK is helping Walmart bring a prestige beauty offer to its website and nearly 250 stores in the US this summer.
The...
Walmart Ups Profit Expectations Despite Margin Challenges
The world’s largest retailer today forecast profit above market expectations during 2022, signalling robust demand in stores amid supply chain issues and cost inflation...
Head Of Walmart’s E-Commerce Unit Leaving
Walmart’s top executive for its fast-growing e-commerce operation is stepping down next month only two years after joining the US retail giant.
An internal memo...
Walmart Is Quietly Preparing To Enter The Metaverse
Walmart appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of non-fungible tokens, or NFTs.
The US retail...
Costco Results Ahead Of Expectations But Warns Of Supply Issues
Costco reported better-than-expected quarterly results yesterday but warned of availability issues of some seasonal items due to the global supply chain crunch caused by...
L’Oréal Acquires Skincare Brand
L’Oréal has reached an agreement to acquire Youth to the People, an American skincare company based in California.
Founded in 2015 by two cousins, Greg...
Walmart’s Renowned Finance Chief Stepping Down
Walmart revealed yesterday that its long-serving executive Brett Biggs is planning to step down from his current role as Chief Financial Officer of the...
Inflationary Pressure Forces Dollar Tree To Raise Price Point
Dollar Tree, the operator of nearly 16,000 discount stores in North America, is raising prices after facing rapid inflation in the US economy.
Known for...
Hershey To Buy Two Pretzel Makers For $1.2bn
Hershey Co has agreed to buy two pretzel makers in separate deals worth about $1.2bn to beef up its snacking business.
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