News

Grocery continues to be a key financial driver for Walmart, according to the retailer’s newest annual report released last week.. The key business segment brought in $276 billion in net sales ...
Walmart CFO John David Rainey explains why a growing number of customers are turning to them for their grocery needs. Rainey noted the new store experience is part of the reason.
Walmart topped third-quarter earnings and revenue expectations. The retailer hiked its outlook again as it saw growth in e-commerce and improvements in sales outside of the grocery aisles.
Walmart said annual sales are expected to rise between 3% and 4%. Analysts had expected 4% growth. The sales outlook includes a 20 basis point impact from the negative effect of an additional day ...
Walmart expects sales to be up anywhere between 3% to 4% for the current year, or between $667.57 billion and $674.05 billion. That too falls short of the $708.72 billion that analysts predicted ...
A better solution for consumers in Zohran Mamdani’s New York.
Grocery prices, sales, and the quality of different store locations can vary. Still, it seems I could save more by regularly shopping at Aldi. Even so, I'm more likely to go back to Walmart.
The trio of chains continue to comprise more than half of all local grocery sales. Walmart has dominated the Charlotte market share since 2019, knocking Harris Teeter from its No. 1 perch that year.
For the sixth year in a row, Walmart captured more Charlotte-area shoppers’ grocery dollars than any other store, despite intense competition from local grocers like Harris Teeter and Food Lion ...