Walmart on Monday confirmed that it's ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for minorities. The big-box retailer, the nation's largest, joins a list of companies feeling the heat from conservative activists.
Kohl's Corp. on Monday said Tom Kingsbury would step down as its chief executive in January and that it would bring aboard a digitally-focused veteran of Walmart Inc. and Michaels to lead the department-store chain, as it deals with enduring consumer wariness over higher prices.
Walmart was ordered this week by a California jury to pay a former employee nearly $35 million after a jury determined it falsely accused him of committing fraud before firing him.
Walmart (WMT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Walmart (WMT 2.32%) stock is the second-best-performing investment in the Dow Jones Industrial Average this year. That result might seem strange given that the retailer isn't nearly as profitable as the AI-powered tech giants that have dominated headlines in the past year.
Walmart U.S. CEO John Furner weighs in on the potential impact from President-elect Trump's proposed tariffs and on the looming port strike.
Walmart (NYSE: WMT) continues to solidify its position as a defensive investment and a growth leader in the retail sector, with analysts revising their price targets upward following the company's impressive third-quarter earnings report.
Walmart (WMT 2.32%) may be the largest company in the U.S. by sales, but it keeps making its top line bigger. For a while, it looked like competitor Amazon (AMZN -0.64%) was poised to overtake it, but Walmart is just too big and doing too well to catch.
The head of Walmart's $55-billion health and wellness division, who oversaw the company's failed push into clinics, is leaving after less than two years in the role, an internal memo seen by Reuters showed.
Jharonne Martis, Director of Consumer Research at LSEG, explains how Walmart's value and convenience are outpacing Target, with strong growth in groceries and omni-channel services. She highlights Abercrombie & Fitch and Walmart as top retail stocks for 2025.
Walmart's Latest Result Spells Bad News for This Discount Retailer