Quarterly profit slide at Target hints at a challenging holiday season for the retailer
Read full article: Quarterly profit slide at Target hints at a challenging holiday season for the retailerTargetโs third-quarter profit tumbled as the retailer struggles to lure shoppers that are being pressed by stubbornly high inflation.
FACT FOCUS: Trump says Thanksgiving dinner will cost 25% less this year. His numbers are misleading
Read full article: FACT FOCUS: Trump says Thanksgiving dinner will cost 25% less this year. His numbers are misleadingWith Thanksgiving less than three weeks away, the question of how much this yearโs turkey and trimmings will cost looms large, especially with grocery prices 2.7% higher than they were in 2024. President Donald Trump has claimed over the past two days that costs for the Thanksgiving meal are down 25% this year, citing a prepackaged Thanksgiving meal basket from Walmart. But this is misleading. While Walmartโs 2025 meal basket costs about 25% less than the one from 2024, thatโs because it offers fewer items and different products to make it more affordable.
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 companyโs push to turn its chatbot into a virtual merchant as it seeks to boost revenue.
Walmart plans to remove artificial colors and other food additives from store brands by 2027
Read full article: Walmart plans to remove artificial colors and other food additives from store brands by 2027Walmart says it plans to remove synthetic dyes and 30 other food additives from its store brands sold in the United States by January 2027.
Listeria found in Walmart, Trader Joe's meals may be linked to deadly outbreak
Read full article: Listeria found in Walmart, Trader Joe's meals may be linked to deadly outbreakFederal health officials are warning consumers not to eat certain pasta meals sold at Walmart and Trader Joe's stores nationwide.
Amazon spends $1 billion to increase pay and lower health care costs for US workers
Read full article: Amazon spends $1 billion to increase pay and lower health care costs for US workersAmazon says itโs investing $1 billion to raise wages and lower the cost of health care plans for its U.S. fulfillment and transportation workers.
More companies pull thousands of packages of shrimp for potential radioactive contamination
Read full article: More companies pull thousands of packages of shrimp for potential radioactive contaminationMore companies are recalling tens of thousands of packages of imported shrimp that may contain radioactive contamination.
Retail sales rise 0.5% in July as some shoppers step up purchases ahead of tariffs
Read full article: Retail sales rise 0.5% in July as some shoppers step up purchases ahead of tariffsShoppers spent at a healthy pace in July, particularly at the nationโs auto dealerships, even as President Donald Trumpโs tariffs start to take a toll on jobs and lead to some price increases.
He heard 'he's got a knife,' then ran to stop a man suspected of stabbing 11 at a Michigan Walmart
Read full article: He heard 'he's got a knife,' then ran to stop a man suspected of stabbing 11 at a Michigan WalmartMatthew Kolakowski was shopping with his daughter at a Michigan Walmart when he heard screams and saw a man with a knife.
Suspect in Michigan Walmart stabbings is charged with a rarely used state terrorism count
Read full article: Suspect in Michigan Walmart stabbings is charged with a rarely used state terrorism countA Michigan prosecutor has filed a terrorism charge against a man accused of stabbing 11 people at a Walmart store.
Authorities seek to file terrorism and assault charges against suspect in Walmart knife attack
Read full article: Authorities seek to file terrorism and assault charges against suspect in Walmart knife attackAuthorities say they plan to file terrorism and assault with intent to murder charges against the suspect in a weekend knife attack at a Walmart store in Michigan.
For some employees, education benefits such as tuition assistance prove life-changing
Read full article: For some employees, education benefits such as tuition assistance prove life-changingAs higher education costs have grown to heights many U.S. residents find unattainable or illogical, some adults are looking to their employers for help.
โLoad the Busโ School Supply Drive Returns August 1โ3 to Support Local Students
Read full article: โLoad the Busโ School Supply Drive Returns August 1โ3 to Support Local StudentsBack-to-school season is just around the corner, and local school divisions are once again teaming up with Walmart to help students start the year off strong. The โLoad the Busโ school supply drive returns August 1st through 3rd.
New Virginia Law Prompts Online Pop-Ups for Reproductive Health Products at Walmart
Read full article: New Virginia Law Prompts Online Pop-Ups for Reproductive Health Products at WalmartVirginians shopping online at Walmart may have noticed a new pop-up warning them about how their reproductive health data is tracked. Itโs the result of a new state law designed to protect personal privacy, and more retailers are expected to follow suit.
Nike shares soar on its production shift away from China, but warns of a $1 billion tariff hit
Read full article: Nike shares soar on its production shift away from China, but warns of a $1 billion tariff hitNikeโs shares are rising sharply after saying it plans to shift some of its production away from China.
US producer prices rise modest 2.6% in May with inflationary pressures still mild
Read full article: US producer prices rise modest 2.6% in May with inflationary pressures still mildU.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild.
Walmart's army of bakery decorators take the cake when it comes to hourly store pay
Read full article: Walmart's army of bakery decorators take the cake when it comes to hourly store payThe school graduation season is the busiest time of year for the Walmart workers who hand-decorate cakes per customersโ orders.
RPD investigating shooting near Valley View Mall Tuesday night, vehicle struck by gunfire found on scene
Read full article: RPD investigating shooting near Valley View Mall Tuesday night, vehicle struck by gunfire found on sceneRoanoke Police are currently investigating reports of a shooting near Valley View Mall Tuesday night. This is a developing story and details are limited at this time, 10 News will continue to update this story as we receive more information.
FTC dismisses lawsuit against PepsiCo that was filed by Biden-era FTC
Read full article: FTC dismisses lawsuit against PepsiCo that was filed by Biden-era FTCThe Republican-controlled Federal Trade Commission has voted to dismiss a lawsuit against PepsiCo that the previous commission filed in the waning days of the Biden administration.
Stocks, bonds and the dollar drift after the latest downgrade to the US government's credit rating
Read full article: Stocks, bonds and the dollar drift after the latest downgrade to the US government's credit ratingAfter recovering from an initial jolt, U.S. stocks drifted through quiet trading following the latest reminder that the U.
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 Trumpโs 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.
US consumer sentiment slides to 3-year lows as trade war raises inflation anxiety
Read full article: US consumer sentiment slides to 3-year lows as trade war raises inflation anxietyU.S. consumer sentiment fell slightly in May for the fifth straight month as Americans increasingly worry that President Donald Trumpโs trade war will worsen inflation.
Under a cloud of tariffs, Walmart is the latest retailer to announce price hikes
Read full article: Under a cloud of tariffs, Walmart is the latest retailer to announce price hikesVolley after volley of tariffs โ and at times on-again, off-again trade actions โ have put companies around the world on edge.
US wholesale prices dropped 0.5% last month despite President Trump's tariffs
Read full article: US wholesale prices dropped 0.5% last month despite President Trump's tariffsU.S. wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Donald Trumpโs sweeping taxes on imports.
A rare warning from Walmart during a US trade war: Higher prices are inevitable
Read full article: A rare warning from Walmart during a US trade war: Higher prices are inevitableWalmart, which became the nationโs largest retailer by making low prices a priority, has found itself in a place itโs rarely been: Warning customers that prices will rise for goods ranging from bananas to car seats.
Man who fatally shot 23 at El Paso Walmart set to plead guilty to murder nearly 6 years on
Read full article: Man who fatally shot 23 at El Paso Walmart set to plead guilty to murder nearly 6 years onNearly six years after a man fatally shot 23 people in a racist attack targeting Hispanic shoppers at a Walmart in Texas near the U.S.-Mexico border, the gunman's criminal case is set to come to a close.
Expect more fake eggs made of colored marshmallows or even potatoes on this year's Easter spread
Read full article: Expect more fake eggs made of colored marshmallows or even potatoes on this year's Easter spreadThe internet has offered up a host of alternatives as egg prices continue to be stubbornly high.
US egg giant Cal-Maine says government is investigating price increases
Read full article: US egg giant Cal-Maine says government is investigating price increasesShares of Cal-Maine Foods, the largest U.S. egg producer, fell in after-hours trading Tuesday after the company acknowledged it is being investigated by the antitrust division of the U.S. Department of Justice.
Tariffs will make sneakers, jeans and almost everything Americans wear cost more, trade groups warn
Read full article: Tariffs will make sneakers, jeans and almost everything Americans wear cost more, trade groups warnSending children back to school in new sneakers, jeans and T-shirts is likely to cost U.S. families significantly more this fall.
Michigan judge wanted Walmart shoplifters to wash cars. His boss stepped on the hose.
Read full article: Michigan judge wanted Walmart shoplifters to wash cars. His boss stepped on the hose.A Michigan judge came up with a creative way to punish Walmart shoplifters: wash cars for free in the community when spring arrives.
Romanian man arrested after card skimmers found in Walmart locations across East Coast
Read full article: Romanian man arrested after card skimmers found in Walmart locations across East CoastA Romanian man has been arrested after card-skimming devices were found in Walmart stores throughout Virginia and other states on the East Coast, according to the Bedford Police Department.
Walmart rolled through 2024, but uncertainty about consumers and tariffs seep into year ahead
Read full article: Walmart rolled through 2024, but uncertainty about consumers and tariffs seep into year aheadWalmart delivered another year of strong sales and profits with its competitive prices an increasingly strong magnet for inflation-weary shoppers, but this year appears to come with new challenges in an uncertain economic landscape.
Stock market today: A slide for Walmart pulls Wall Street from its record, and Dow drops 450
Read full article: Stock market today: A slide for Walmart pulls Wall Street from its record, and Dow drops 450Wall Street retreated from its record after a sharp slide for Walmart weighed on U.S. stock indexes.
Michigan judge sentences Walmart shoplifters to wash cars in the parking lot
Read full article: Michigan judge sentences Walmart shoplifters to wash cars in the parking lotA Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives.
Civil rights activists call for a Target boycott after retailer backs away from diversity programs
Read full article: Civil rights activists call for a Target boycott after retailer backs away from diversity programsCivil rights activists have gathered outside Target's Minneapolis headquarters to call for a boycott of the retailing giant over its decision to phase out its diversity, equity and inclusion initiatives.
Target is ending its diversity goals as a strong DEI opponent occupies the White House
Read full article: Target is ending its diversity goals as a strong DEI opponent occupies the White HouseDiscount store chain Target says itโs joining rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.
US lawsuit accuses PepsiCo of price discrimination that favored Walmart over smaller stores
Read full article: US lawsuit accuses PepsiCo of price discrimination that favored Walmart over smaller storesA lawsuit filed by the Federal Trade Commission alleges that food and beverage maker PepsiCo engaged in illegal price discrimination by giving unfair price advantages to one big-box retailer.
LGBTQ+ rights group reports progress at U.S. companies despite conservative backlash
Read full article: LGBTQ+ rights group reports progress at U.S. companies despite conservative backlashA national rights group says more U.S. companies are providing strong benefits and protections to LGBTQ+ employees despite conservative activists pressuring high-profile brands to stop participating in the organizationโs annual workplace report card.
Cyber Monday shoppers expected to set a record on the year's biggest day for online shopping
Read full article: Cyber Monday shoppers expected to set a record on the year's biggest day for online shoppingConsumers in the U.S. are scouring the internet for online deals as they look to make the most of the post-Thanksgiving shopping marathon on Cyber Monday.
Walmart's DEI rollback signals a profound shift in the wake of Trump's election victory
Read full article: Walmart's DEI rollback signals a profound shift in the wake of Trump's election victoryWalmartโs sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at U.S. companies that are re-evaluating the legal and political risks associated with bold programs to bolster historically underrepresented groups in business.
Walmart becomes latest - and biggest - company to roll back its DEI policies
Read full article: Walmart becomes latest - and biggest - company to roll back its DEI policiesWalmart, the worldโs largest retailer, is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations that have done the same after coming under attack by conservative activists.
A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarter
Read full article: A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarterTarget has reported sluggish sales and slumping profits in the fiscal third quarter as inflation-weary customers curtailed their spending on apparel and other non-essential items.
Walmart heads into official start of holiday season with strong momentum after robust 3Q results
Read full article: Walmart heads into official start of holiday season with strong momentum after robust 3Q resultsWalmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.
Grocery chains vie for a place on Thanksgiving tables with turkey dinner deals and store brands
Read full article: Grocery chains vie for a place on Thanksgiving tables with turkey dinner deals and store brandsWith Thanksgiving less than two weeks away, food retailers are trying to tempt Americans who haven't recovered from recent price inflation.
Many retailers offer 'returnless refunds.' Just don't expect them to talk much about it
Read full article: Many retailers offer 'returnless refunds.' Just don't expect them to talk much about itItโs one of the most under-publicized policies of some of the biggest U.S. retailers: sometimes they give customers full refunds and let them keep unwanted items too.
US applications for jobless benefits fall, but continuing claims rise to highest level since 2021
Read full article: US applications for jobless benefits fall, but continuing claims rise to highest level since 2021The number of Americans filing for unemployment benefits fell last week, but the total number of those collecting benefits rose to its highest level in almost three years.
Walmart reaches settlement deal for shareholder lawsuits over its handling of opioids
Read full article: Walmart reaches settlement deal for shareholder lawsuits over its handling of opioidsWalmart says it has reached a proposed settlement pact related to three lawsuits filed by shareholders on behalf of the company over the handling of prescription opioids.
A state's experience with grocery chain mergers spurs a fight to stop Albertsons' deal with Kroger
Read full article: A state's experience with grocery chain mergers spurs a fight to stop Albertsons' deal with KrogerWashington state is in court to try to block a proposed merger between Albertsons and Kroger.
CEOs of Albertsons and Kroger says shoppers would see lower prices after merger
Read full article: CEOs of Albertsons and Kroger says shoppers would see lower prices after mergerThe chief executive officers of Kroger and Albertsons have insisted that merging would allow the two supermarket companies to lower prices and more effectively compete with retail giants like Walmart and Amazon.
Walmart recalls apple juice sold in 25 states due to elevated arsenic levels
Read full article: Walmart recalls apple juice sold in 25 states due to elevated arsenic levelsWalmart has recalled nearly 10,000 cases of apple juice sold in stores across the U.S. The product was found to contain potentially harmful levels of inorganic arsenic.
Stock market today: Wall Street leaps, and S&P 500 rallies 1.6% as US shoppers drive the economy
Read full article: Stock market today: Wall Street leaps, and S&P 500 rallies 1.6% as US shoppers drive the economyWall Street rallied close to its record heights after data showed the U.S. economy is holding up better than expected.
Stores lure back-to-school shoppers with deals and 'buy now, pay later' plans
Read full article: Stores lure back-to-school shoppers with deals and 'buy now, pay later' plansMass market retailers in the U.S. are plying shoppers with offers for computers, clothes and other back-to-school essentials at affordable prices.
Load The Bus school supply drive to take place during Tax-Free weekend in August
Read full article: Load The Bus school supply drive to take place during Tax-Free weekend in AugustRoanoke City Public Schools, Salem City Public Schools, Roanoke County Public Schools and Craig County Public Schools are all partnering with Walmartโs Load The Bus program again during Tax-Free weekend this August.
Walmart retools its young adult clothing line in pursuit of fashion credibility
Read full article: Walmart retools its young adult clothing line in pursuit of fashion credibilityWalmart has spent three years overhauling its mix of adult apparel to make it stylish as well as sensible for middle America.
Amazon teams up with Megan Thee Stallion to promote its 10th Prime Day sales event
Read full article: Amazon teams up with Megan Thee Stallion to promote its 10th Prime Day sales eventAmazon is partnering with hip-hop star Megan Thee Stallion to boost sales for its 10th annual Prime Day discount event.
Retail sales were unchanged in April from March as inflation and interest rates curb spending
Read full article: Retail sales were unchanged in April from March as inflation and interest rates curb spendingAmericans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome.
Walmart lays off hundreds of employees and requires others to relocate
Read full article: Walmart lays off hundreds of employees and requires others to relocateWalmart on Tuesday announced layoffs affecting several hundred jobs at the retail giant's campus offices and said it will be requiring most remote workers and personnel in its Dallas, Atlanta and Toronto offices to relocate to office hubs in Bentonville, Arkansas; Hoboken, New Jersey; and the San Francisco Bay Area.
Wytheville woman charged with attempted capitol murder following hit-and-run of trooper vehicle
Read full article: Wytheville woman charged with attempted capitol murder following hit-and-run of trooper vehicleA Wytheville woman is facing charges after police said she rammed her vehicle into a VSP trooperโs vehicle before speeding away.
Authorities give all-clear after shooting threat at Madison Heights Walmart, secure mode lifted at nearby schools
Read full article: Authorities give all-clear after shooting threat at Madison Heights Walmart, secure mode lifted at nearby schoolsThe Amherst Co. Sheriffโs Office has given an all-clear after a shooting threat against the Madison Heights Walmart, according to Amherst County Public Schools.
Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful
Read full article: Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentifulAmericans increased their spending pace in March at a better-than-expected pace from the previous month, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges.
Outside roles by NBC's Conde, others reveal a journalism ethics issue: being paid to sit on boards
Read full article: Outside roles by NBC's Conde, others reveal a journalism ethics issue: being paid to sit on boardsMost news organizations hold its journalists to strict ethical standards to avoid conflicts of interest either real or perceived.
Some doorbell cameras sold on Amazon and other online sites have major security flaws, report says
Read full article: Some doorbell cameras sold on Amazon and other online sites have major security flaws, report saysConsumer Reports says some doorbell cameras sold by Amazon and other online retailers have security flaws that could allow bad actors to view footage from the devices or control them completely.
Walmart to acquire smart TV maker Vizio for $2.3 billion in bid to boost its advertising business
Read full article: Walmart to acquire smart TV maker Vizio for $2.3 billion in bid to boost its advertising businessWalmart is buying the smart TV maker Vizio for $2.3 billion as it attempts to expand its rapidly growing advertising business to compete with Amazon.
Walmart to build or convert 150-plus stores in next 5 years. It hasn't opened new stores in 3 years
Read full article: Walmart to build or convert 150-plus stores in next 5 years. It hasn't opened new stores in 3 yearsWalmart plans to build or convert more than 150 U.S. stores in the next five years, while continuing to remodel existing stores.
Walmart's latest perk for U.S. store managers? Stock grants
Read full article: Walmart's latest perk for U.S. store managers? Stock grantsWalmart is further sweetening the perks for its U.S. store managers as the nationโs largest retailer and private employer seeks to retain and attract top workers in a still competitive job market.
Walmart experiments with AI to enhance customers' shopping experiences
Read full article: Walmart experiments with AI to enhance customers' shopping experiencesWalmart has unveiled plans to dive further into the world of artificial intelligence โ and drones โ to improve its customersโ shopping experiences.
Amazon, Target and more will stop selling water beads marketed to kids due to rising safety concerns
Read full article: Amazon, Target and more will stop selling water beads marketed to kids due to rising safety concernsThree major U.S. retailers โ Amazon, Target and Walmart โ say theyโre suspending sales of water-bead products marketed to young children due to growing safety concerns.
X says Walmart pulled ads in October, weeks before Media Matters hate speech report and Musk rant
Read full article: X says Walmart pulled ads in October, weeks before Media Matters hate speech report and Musk rantWalmart is the latest company to publicly join the growing flock of major advertisers to pull spending from X, Elon Muskโs beleaguered social media company, amid concerns about hate speech โ as well as reaching a sizeable audience on the platform.
