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by John Biers with Heather Scott in Washington © Agence France-Presse New York, UNITED STATES (AFP) — US consumers continued to increase spending in April, remaining resilient in the face of accelerating inflation, but retail giant Walmart still saw a big hit to its bottom line due to rising costs, according to reports released Tuesday. Home Depot, however, benefitted from the ongoing spending spree, reporting higher profits and a better outlook for the year. The […]
The US state of California announced Monday it is suing Walmart, alleging the retail giant unlawfully disposes of millions of toxic waste items. The state said it had conducted 58 inspections of trash compactors at Walmart stores between 2015 and 2021 and found items that require special handling when they are thrown out, such as batteries, insect killers, cleaning supplies, electronic waste and confidential customer information. “When one person throws out a battery or half-empty […]
NEW YORK, United States (AFP) — Retail giant Walmart said Friday it would stop selling e-cigarettes in its US stores amid a growing crackdown on flavored vaping products to deter an ever growing number of young users. “Given the growing federal, state and local regulatory complexity and uncertainty regarding e-cigarettes, we plan to discontinue the sale of electronic nicotine delivery products at all Walmart and Sam’s Club US locations,” the world’s leading retail chain said […]
by John Biers NEW YORK, United States (AFP) — Walmart will halt sales of ammunition for handguns and some military-style rifles, the company announced Tuesday, calling the status quo on firearms in the United States “unacceptable.” Walmart also said it will direct consumers not to carry firearms into its stores, a practice that is legal in “open carry” states but which has sparked safety scares in recent weeks. The moves, which were praised […]
EL PASO, United States (AFP) — A gunman armed with an assault rifle opened fire on shoppers at a packed Walmart store in El Paso, Texas on Saturday killing 20 people, and wounding 26 in the latest mass shooting in the United States, authorities said “On a day that would have been a normal day for someone to leisurely go shopping turned into one of the most deadly days in the history of Texas,” […]
by John BIERS © Agence France-Presse NEW YORK, United States (AFP)–Walmart shares surged Thursday after it reported the strongest US comparable sales in more than a decade as e-commerce investments paid off in a strengthening American economy. The world’s biggest retailer said rising online sales, and investments aimed at keeping prices low, boosted store traffic at its namesake US business, the most critical unit for earnings. Comparable US store sales rose 4.5 percent in the second […]
by John Biers Agence France Presse NEW YORK, United States (AFP) — Walmart announced Thursday it will raise the minimum wage for US workers to $11 an hour and pay bonuses, but announced plans to close 63 Sam’s Club stores in the US. Owned by Walmart, Sam’s Club is a chain of membership-only warehouse stores that offer discounted prices. Up to 12 of the shuttered Sam’s Club stores would be converted into warehouses for e-commerce, […]
(REUTERS) Wal-Mart Stores Inc would have to spend an additional $4.95 billion if it were to raise the minimum wage for its hourly employees in the United States to $15 per hour from the current $10 per hour, according to an estimate by the UC Berkeley Center for Labor Research. As the country’s largest private employer, Wal-Mart employs nearly 1.5 million people in the United States. Of that, 1.1 million are hourly employees, […]
