Walmart cautious on economic outlook Walmart today struck a cautious note in its economic outlook for 2023 as the retail bellwether forecast full-year earnings below estimates and warned that cautious … Business • 21 Feb
Walmart lifts annual forecast, announces big buyback Walmart has today forecast a smaller fall in annual profit as demand for groceries holds up despite higher prices, while discounts on clothing and electronics … Business • 15 Nov 22
Walmart offers to buy South African retailer Massmart US retail giant Walmart, which owns a majority stake in Massmart, has proposed to acquire the rest of shares in the company in a deal … Business • 29 Aug 22
Target profit slumps as discounts fail to spur spending Target reported a 90% fall in quarterly earnings and missed comparable sales estimates today as its inflation-hit customers reined in spending on discretionary goods despite … Business • 17 Aug 22
Walmart expects smaller profit drop Walmart has forecast a smaller drop in full-year profit than previously projected, after deep discounts to clear excess merchandise and a drop in fuel prices … Business • 16 Aug 22
Target profit halves as rising costs hit margins Target's quarterly profit halved and it warned of a bigger margin hit today due to rising fuel and freight costs, in a clear sign there … Business • 18 May 22
Walmart cuts full-year profit forecast on rising costs Walmart has today cut its full-year profit forecast, signaling a bigger knock to the retail giant's profit margins from surging costs of everything from fuel … Business • 17 May 22
Walmart forecasts profit above expectations Walmart has forecast full-year profit and US sales above market expectations today, signaling a steady demand at stores even as supply-chain issues and rampant cost … Business • 17 Feb 22
Walmart sets aside supply chain woes to lift forecasts Walmart has today raised its annual sales and profit forecast in anticipation of soaring demand during the crucial end of year shopping season even as … Business • 16 Nov 21
Asda sales growth accelerates in first quarter of 2021 UK supermarket group Asda has reported an acceleration in underlying sales growth in its latest quarter and said Walmart was paid nearly £3 billion in … Business • 11 Jun 21
Walmart beats estimates on stimulus spending boost Walmart today raised its full-year earnings forecast and bettered estimates for same-store sales as it benefited from additional stimulus cheques that put more money in … Business • 18 May 21
UK's Asda ends Walmart era on the up British supermarket group Asda ended its 22 years under Walmart ownership with accelerating underlying sales in the Christmas quarter, driven by strong demand for premium … Business • 18 Feb 21
Walmart forecasts disappointing 2022 sales estimates Walmart has today forecast slowing sales for fiscal 2022, following a blockbuster year that saw demand for essentials and other items soar as consumers flocked … Business • 18 Feb 21
Asda urges lockdown shoppers not to stockpile UK supermarket group Asda has today urged its customers to shop considerately and not buy more than they normally would after new Covid-19 lockdowns were … Business • 06 Jan 21
Walmart beats sales estimates on buoyant online demand Walmart has today posted a bigger-than-expected increase in quarterly same-store sales as a 79% surge in its online business powered overall rises in spending on … Business • 17 Nov 20
Walmart sells Asda for £6.8 billion Walmart has agreed to sell its British supermarket chain Asda to private equity group TDR Capital and the founders of petrol station operator EG Group … Business • 02 Oct 20
Strong Roots to be stocked in 2,000 Walmart stores Irish food firm Strong Roots has struck a deal to stock 2,000 Walmart stores across the US. Business • 17 Sep 20
Walmart posts biggest growth in online sales Walmart today posted its biggest-ever growth in online sales as shoppers placed orders for everything from electronics and toys to groceries from the safety of … Business • 18 Aug 20
Walmart sales surge at stores and online due to virus Walmart has today beaten Wall Street expectations with its quarterly revenue and earnings as it reported record US online sales as stockpiling drove consumers to … Business • 19 May 20
Asda blames tough market for Christmas sales fall Asda, the British supermarket arm of the world's biggest retailer Walmart, has today reported a fall in underlying sales in the key Christmas quarter, echoing … Business • 18 Feb 20
EBay forecasts first quarter revenue below estimates EBay has forecast first quarter revenue below analysts' estimates as the e-commerce company faces fierce competition from Amazon.com and Walmart. Business • 29 Jan 20
Walmart halts ammunition sales for assault-style rifles Walmart, the largest retailer in the US, has said it would stop selling ammunition for handguns and some assault-style rifles in all its stores across … Business • 04 Sep 19
Walmart to halt sales of ammunition for handguns Walmart has announced that it will halt sales of ammunition for handguns and some military-style rifles used in some hunting rifles, calling the status quo … US • 03 Sep 19
Texas shooting investigated as domestic terrorism Authorities in Texas say they are treating yesterday's shooting at a Walmart store in El Paso, which left 20 people dead, as a domestic terrorism … World • 04 Aug 19
20 killed in shooting in El Paso in Texas Police in Texas have said 20 people have been killed and dozens injured in a mass shooting at a Walmart store in El Paso. World • 04 Aug 19
