Trump claims credit for the retailer's summer rollbacks -- a reversal from May, when he told Walmart to "eat the tariffs" instead.
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Walmart (WMT) looked unstoppable this spring. But by early July, its performance had significantly declined. The retail giant's shares have fallen from a 52-week highnear $135toabout $112. The stock is now down for the year, even as the broader market keeps climbing. A drop like that usually ...
Walmart shares gained Tuesday after the retailer announced plans to lower prices on thousands of items across its namesake stores and its warehouse retailer Sam’s Club.
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<body><p>STORY: Walmart said Monday it would cut prices on many summer barbecue favorites, including meat, chips and soda.</p><p>The move comes after U.S. President Donald Trump said the retailer was acting at his administration's request.</p><p>In a Truth Social post, he said Walmart would be lowering prices significantly, "to celebrate our great Country's 250th birthday."</p><p>Trump said the firm would, “be dropping the price for a pound of ground beef by almost 15%.”</p><p>Walmart said in a statement that the price of one pound of 73% ground beef roll would drop to $5.94 from $6.74 in its stores, a decline of about 12%.</p><p>The retailer also said it lowered prices on items including Coca-Cola and PepsiCo sodas and chips.</p><p>Prices for steaks and hamburger meat soared after a persistent drought burned pasture lands and hiked costs of cattle feed, forcing U.S. ranchers to slash their herds.</p><p>Now the price cuts mark a notable shift from last year, when Walmart warned that tariffs would push some prices higher, a move Trump had rebuked.</p><p>The president had previously encouraged low-tariff imports of Argentine beef to cool U.S. prices, which angered American ranchers.</p><p>He had also directed the Department of Justice to investigate whether U.S. meatpackers were colluding to raise prices.</p><p>Walmart is widely viewed by economists and investors as a gauge of U.S. consumer health because of its size and broad customer base.</p></body>
Walmart is cutting prices on thousands of items to help customers with affordability after years of inflation. The largest U.S. grocer said Monday it is lowering the price of ground beef by 12%. A 24-pack of Coca-Cola is falling by one-third to $9.97.
For shoppers, a retail brand’s health is usually measured by what they see on the surface: a friendly website experience, department-store racks, buzzing mall storefronts, and variety in offerings. But behind every jacket, shirt, pair of jeans, or online order is a much larger network of ...
Before the stock surged, management laid out a turnaround plan for its Aetna unit that was so explicit, they practically put a price tag on it.
Slower comparable sales and tariff concerns remain key risks.
New Jersey will begin charging companies whose workers rely on Medicaid, as Democratic-led states look for new ways to fund the growing cost of public healthcare amid tightening federal rules, according to the Associated Press. Governor Mikie Sherrill (D-NJ) signed...
Synchrony provides card services to retailers, which can leave the company exposed to riskier consumers.
Investing.com -- Delivery speed is emerging as a key competitive advantage for retailers as AI-powered shopping assistants become more common, with Morgan Stanley’s latest analysis finding Walmart offers the strongest overall fulfillment model. At the same time, Amazon Now leads on raw delivery speed.
Walmart (NYSE:WMT) has quietly built one of the most convincing defensive setups in the market. With consumer sentiment at recessionary levels and grocery spending still climbing, the world’s largest retailer is executing across omnichannel, advertising, and membership at the same time. Our proprietary model sees room for the stock to keep grinding higher over the ... Walmart’s Defensive Appeal and 89% Analyst Support Point to 17% Upside
The 2026 Top 100 Retailers ranking from the National Retail Federation confirms that Walmart and Amazon remain the two leading forces in US retail by sales.
Kroger Co (KR) agreed on Wednesday, July 1, to acquire Giant Eagle, the family-owned grocery and pharmacy chain based in Pittsburgh, according to Kroger investor relations. The price tag is $1.65 billion, a fraction of the $24.6 billion merger Kroger tried to complete with Albertsons before courts ...
U.S. recruitment slowed significantly in June, dampening some of the employment growth momentum observed earlier this year.
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The Vanguard Value ETF (NYSEARCA:VTV) has turned into one of the best large-cap stories of 2026, trading near $218 with a 16% year-to-date gain and a 27% advance over the past year. That run rests on a narrow set of legs: a healthcare snapback led by UnitedHealth, a financial-sector grind led by JPMorgan, and energy ... VTV’s Next 12 Months Hinge on One Fed Inflation Signal: Here’s What to Watch

<body><p>STORY: :: Kroger</p><p>Shares of U.S. grocer Kroger fell about 2% Wednesday morning after the company said it would buy regional supermarket chain Giant Eagle in a nearly $1.7 billion deal.</p><p>:: Archive</p><p>The move strengthens Kroger's presence in the Midwest and the Mid-Atlantic region amid intensifying competition.</p><p>The transaction is the first under CEO Greg Foran, and is also Kroger's first major acquisition since its $25 billion merger with Albertsons fell apart in 2024.</p><p>:: Archive</p><p>Family-owned Giant Eagle generates about $9 billion in annual sales. It operates nearly 200 supermarkets and about a dozen standalone pharmacies across parts of Ohio, Pennsylvania, West Virginia, Maryland and Indiana.</p><p>:: Kroger</p><p>Foran said the chain was a good strategic fit for Kroger, which has been battling intense competition from Walmart, Amazon and other grocers as still-elevated inflation has many consumers seeking cheaper essentials.</p><p>Kroger has previously said it plans to cut prices on thousands of items, funded partly by direct imports and better use of technology.</p><p>The Giant Eagle acquisition is expected to close in 2027.</p></body>
Kroger’s $1.65 billion deal for supermarket chain Giant Eagle is a bet on the East. Giant Eagle’s nearly 200 stores would expand Kroger’s foothold in Ohio, West Virginia, Maryland and Indiana, and add Pennsylvania, ratcheting up the grocery industry’s turf war.
Parents are planning to spend almost $500 per child this back-to-school season, but most won't be shopping at Macy's or Kohl's. Retail giant Walmart is the overwhelming first choice as consumers prioritize value and convenience. Despite rising prices driven by inflation and the high cost of ...
Kroger is buying regional grocer and pharmacy retailer Giant Eagle in a deal valued at $1.65 billion. Giant Eagle, which is privately held, has 197 supermarkets and 11 standalone pharmacies across northern Ohio, western Pennsylvania, West Virginia, Maryland and Indiana. Kroger has thousands of stores operating under various brands, including Ralphs, King Soopers, Smith’s and Fred Meyer.
Grocery shopping has become a lot more complicated for customers. Shoppers want low prices, but they also want fresh produce, cold dairy, reliable pickup, faster delivery, and shelves that are stocked when they walk into a store after work. That puts more pressure on what happens behind the scenes. ...
“It seems like half of the workforce at our local Walmart is over 65.”
The fight between Walmart and Amazon is no longer just about who can deliver groceries faster or offer the lowest price on household essentials. That rivalry has moved into nearly every part of retail. The two companies compete for shoppers, marketplace sellers, delivery speed, memberships, ...
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Amazon’s Prime Day is off to a solid start, but the main news may not be how much shoppers are shelling out. It may be what they’re buying. U.S. online spending on the first day of Amazon’s four-day Prime Day event jumped 5.3% to $8.3 billion across merchants from a year ago, Adobe Analytics said. ...