Walmart's growth was driven by digital sales, advertising, and grocery sales, but unexpected costs put pressure on profits. The company has raised its full-year outlook, showing confidence in its momentum for the rest of the year.
The choice of Target veteran Michael Fiddelke disappointed Wall Street, as some investors favored an outside candidate for new perspectives.
The nearly 50,000-square-foot location will offer an immersive Hispanic grocery experience in southeast Topeka.
Shares dropped despite strong profits, as investors reacted to weak traffic and CEO Brian Cornell's plan to step down for executive Michael Fiddelke.
The company did not announce a successor but noted that Giammatteo’s transition will be managed to minimize disruption.
Packaged food makers and retailers are changing products and marketing to match the “Make America Healthy Again” movement, but the political landscape makes it risky.
The modern convenience store is no longer defined by the pump. Fresh food, singles and shifting shopper habits are changing the industry’s future.
The Prosper store joins eight other H-E-B locations and two Joe V’s Smart Shop stores that the retailer has opened in the DFW area since 2022.
From layoffs in Des Moines to Mega Saver’s quiet debut in Okoboji, the Maverik–Kum & Go transition is reshaping the Iowa convenience store landscape.
The company projects more than 1,750 permanent jobs will be created in the state as part of the expansion.
Shoppers are more cost-conscious than ever, with 57% citing price as their top priority when buying back-to-school items, up from 52% last year.
A record 81 million U.S. households, about 61%, purchased groceries online in July.
“The CPG industry must strategically identify ways to stimulate demand and remain profitable.”
Rodney McMullen's legal team has argued that the order is “completely irrelevant” and “embarrassing.”
The record volumes reflect months of front-loading ahead of tariffs.
Chief People Officer Donna Morris described the change as “one of our most requested benefits” in a letter to employees.
