The lawsuit seeks a court order that would prevent Walmart from selling the alleged counterfeit products as well as monetary damages.
Estee Lauder sued Walmart over allegations it had counterfeit La Mer, Le Labo, Clinique, Aveda and Tom Ford beauty products listed on its online marketplace. While the products were sold by third-party sellers, Estee Lauder alleged Walmart played an active role facilitating those sales to shoppers, calling its conduct "despicable.
WMT's new Jacksonville Supercenter shows how next-gen stores blend digital convenience, faster delivery and enhanced layouts to power long-term growth.
Walmart stock is trading at an all-time high, but history suggests that alone does not mean the rally is finished. In prior cycles, the shares have shown an ability to break out and sustain momentum well beyond initial peaks.
After gaining less than 4% in 2025 and finishing second-worst among the S&P 500's 11 sectors, consumer staples stocks are staging a comeback this year.
WMT's rise to a $1 trillion market cap after a strong stock rally is putting Walmart-heavy ETFs firmly in the spotlight.
While most eyes were fixed on big tech and its continuous advancing and pushing of artificial intelligence (AI), the retail giant Walmart (NASDAQ: WMT) was slowly evolving its business and executing a stock market rise that took the retail giant to its record-breaking valuation of $1.02 trillion.
In December, Walmart (WMT) shifted its stock listing to the Nasdaq Global Select Market after five decades on the New York Stock Exchange (NYSE). This resonates Walmart's increasingly emphasis on e-commerce and technology.
After hitting a $1 trillion market cap, WMT's rally reflects confidence in omnichannel growth, higher-margin ads and memberships, and global digital momentum.
Walmart (NYSE: WMT) became the first “non-tech” company to cross the $1 trillion market cap barrier.
Walmart's stock price rose about 3% on Tuesday, pushing the retailer's valuation to $1 trillion. The company has boosted its shares by redefining itself with an emphasis on tech and convenience.
The world's newest trillion-dollar company also has a new CEO. And no, it's not Disney.