When Robert Sneed found $2,000 at a store last month, he didn’t hesitate to do the right thing. The young Army veteran was out picking up groceries at an Ohio Walmart with his toddler daughter one evening when he found the cash in a shopping cart. Arriving at the store in Gallipolis, Mr. Sneed pulled a…

As analysts ponder whether inflation in the United States has turned a corner following the latest data, a former Walmart U.S. chief executive says that inflationary pressures are here to stay longer and will hurt American households more than the looming recession. Former Walmart U.S. CEO Bill Simon told Fox News in a recent interview…

A federal judge on Friday sentenced an extremist to 90 consecutive life terms in prison for a 2019 shooting in which he killed 23 people and wounded 22 others at a Texas Walmart while targeting Hispanics, the El Paso Times newspaper reported. The sentencing by U.S. District Judge David Guaderrama in El Paso adheres to…

EL PASO, Texas—A brother who traveled more than 1,000 miles to confront his sister’s killer. An uncle of an orphaned 4-year-old whose parents died while shielding the boy from the spray of bullets. A wife whose husband was gunned down at her side while their 9-year-old granddaughter looked on. Nearly four years after a gunman…

Walmart is continuing to provide LGBT products as part of Pride Month, the firm said on Wednesday amid a consumer backlash against multiple brands aligning with such ideologies. “We haven’t changed anything in our assortment,” Latriece Watkins, Walmart’s chief merchandising officer, said on May 31, according to Reuters. Watkins’ statement comes following a backlash against…

Similar to Target, Walmart’s environmental, social, and governance (ESG) report reveals that the company makes special provisions for LGBT groups, including specifically sourcing supplies from people professing such identities. Target has been the focus of boycott calls due to offering Pride products this year aimed at children. Target’s 2022 ESG report (pdf) shows that at…

Several industry groups in the United States warned that brazen retail theft has increased despite their efforts to bolster loss prevention and increase security for employees. According to an executive with the National Retail Federation, described as the world’s largest trade organization, the loss of inventory due to retail theft reached $100 billion last year….

Walmart on May 18 raised its annual sales and profit outlook as the nation’s largest retailer reported strong first-quarter sales results. The retailer’s low prices continue to draw budget-conscious consumers to snap up its groceries and other less-expensive, private-label goods. Groceries account for more than half of Walmart’s sales. The retailer said its groceries market share…

NEW YORK—Walmart reported a strong first quarter as the nation’s largest retailer continues to draw budget conscious consumers in a challenging economic environment. The company, based in Bentonville, Arkansas, offered an upbeat outlook for the year. Walmart reported net income of $1.63 billion, or 62 cents per share for the three month period ended April…

NEW YORK—A new analysis of Walmart’s pricing strategy reveals it has consistently kept grocery prices lower than competitors while generally hiking prices at rates far below U.S. inflation, even while the firm now faces allegations of using its clout to gain unfair advantages over rivals. Data analytics firm Dataweave compared the prices of 589 name-brand…