Walmart raises profit expectations as more Americans hunt deals in sluggish economy
Read full article: Walmart raises profit expectations as more Americans hunt deals in sluggish economyWalmart delivered another standout quarter, posting strong sales and profits that blew past Wall Street expectations as it wins over more cash-strapped Americans who have grown increasing anxious about the economy.
OpenAI partners with Walmart to let users buy products in ChatGPT, furthering chatbot shopping push
Read full article: OpenAI partners with Walmart to let users buy products in ChatGPT, furthering chatbot shopping pushOpenAI is partnering with Walmart to allow shoppers to make purchases directly within ChatGPT, furthering the artificial intelligence company’s push to turn its chatbot into a virtual merchant as it seeks to boost revenue.
Trump's tariffs may mean Walmart shoppers pay more, his treasury chief acknowledges
Read full article: Trump's tariffs may mean Walmart shoppers pay more, his treasury chief acknowledgesTreasury Secretary Scott Bessent has acknowledged that Walmart, the largest U.S. retailer, may pass along some of the costs from President Donald Trump’s tariffs to its shoppers through higher prices.
Trump warns Walmart: Don't raise prices due to my tariffs but do eat the costs from those taxes
Read full article: Trump warns Walmart: Don't raise prices due to my tariffs but do eat the costs from those taxesPresident Donald Trump has ripped into Walmart, saying on social media that the retail giant should eat the additional costs created by his tariffs.
Walmart attracts more shoppers seeking to cut spending in Q3, but muted expectations spook investors
Read full article: Walmart attracts more shoppers seeking to cut spending in Q3, but muted expectations spook investorsWalmart extended its streak of strong quarterly gains heading into the holiday season as its low-prices continue to attract shoppers looking for deals in a tough economic environment.
Walmart's hot sellers? Hand mixers and kitchen tools. In an era of high prices, basic is king
Read full article: Walmart's hot sellers? Hand mixers and kitchen tools. In an era of high prices, basic is kingWalmart is reporting strong second-quarter sales results as the retailer’s low-price model continues to attract budget-conscious consumers in a tough economic environment.
Walmart shines in rough retail environment, ratchets up outlook after strong first quarter
Read full article: Walmart shines in rough retail environment, ratchets up outlook after strong first quarterWalmart reported strong first-quarter sales results as the nation’s largest retailer’s low-prices continue to draw budget conscious consumers in a challenging economic environment of stubbornly high inflation.
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Walmart sales still strong as pandemic eases, stimulus helps
Read full article: Walmart sales still strong as pandemic eases, stimulus helpsWalmart raised its annual earnings forecast on Tuesday after delivering better-than-expected results in the first quarter that showed shoppers, flush with U.S. stimulus payments, splurged on clothing, as well as lawn and garden items.
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Video app TikTok leans into e-commerce with Shopify deal
Read full article: Video app TikTok leans into e-commerce with Shopify dealThe popular short-form video app TikTok, still under U.S. government scrutiny for its Chinese ownership, is moving closer to becoming a marketplace for buying stuff. Canadian e-commerce platform Shopify said Tuesday it's made a deal with TikTok enabling merchants to create “shoppable” video ads that drive customers to online stores. The partnership was announced Tuesday amid stalled negotiations for Walmart to buy a 7.5% stake in the video app. Then, video ads will be automatically generated that could show up in a TikTok user’s video feed and drive customers to Shopify for checkout. Walmart and Shopify are on good terms, having teamed up against Amazon in June on a deal that enables Shopify’s small businesses to get listed on Walmart.com.
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