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Retail sales remained strong in 2024, but two companies stood out for their significant gains in market share over the last two years. Walmart (WMT 1.84%) and Costco (COST 1.85%) both saw even stronger sales growth than the rest of the industry, fueled by improvements in e-commerce and at the store level.
The state of the consumer remains a hot topic as inflation pressures persist and shoppers continue to seek value. One company that could benefit from the current economic conditions is Walmart (WMT 1.84%), a favorite retailer among price-conscious shoppers.
JPMorgan Chase and Walmart are partnering to speed up payments for merchants that sell items through the retail giant's website.
Walmart and Target are reportedly haggling with suppliers over proposed price hikes in the face of tariffs. As Reuters reported Monday (March 24), the outcome of these negotiations will decide when prices on products go up — and by how much — and could even determine which merchandise the retailers choose to keep in stock.
While the Dow Jones Industrial Average and the S&P 500 tend to rise and fall together over time, they often diverge over shorter periods.
NEW YORK--(BUSINESS WIRE)--The Pets Table, the healthy pet food brand brought to you by HelloFresh, has announced today its launch at Walmart. The Pets Table's high quality and minimally-processed air-dried recipes will be available both in-store across 201 U.S. locations and on Walmart.com. This marks the first in-store retail distribution for the pet food brand. Developed with vets and vet nutritionists, The Pets Table's popular air-dried dog food is made with real ingredients, without any fi.
Walmart is reportedly expanding metaverse efforts by teaming with virtual gaming world Minecraft. The retail giant is now running a limited-time interactive gaming experience dubbed “Skyward” on a Minecraft Java server, Chain Store Age reported Friday (March 21).
Walmart's valuation multiples surged due to market share gains and digital business excitement, which are now coming back to earth. Walmart is no longer the largest company in terms of sales in North America, after being surpassed by Amazon, which is growing more than twice as fast. Despite strong Q4 results, Walmart's disappointing FY26 guidance, including lower sales and EPS growth, caused an 18% selloff.
In the latest trading session, Walmart (WMT) closed at $85.90, marking a +0.1% move from the previous day.
The recent stock market correction driven by Trump tariff threats (call it the Trump slump, if you will) has caused some of the more cautious investors out there to rotate into more defensive names and assets.