Chemist chains helped drive US opioid crisis, jury concludes
Walmart Inc, CVS Health Corporation and Walgreens Boots Alliance Inc fuelled an opioid crisis in two Ohio counties
Company
Walmart Inc
NYSE:WMT
Walmart Inc. is a technology-powered omni-channel retailer. The company provides the opportunity to shop in both retail stores and through e-commerce and to access its other service offerings. It offers an assortment of merchandise and services at everyday low prices (EDLP). It operates through three segments: Walmart U.S., Walmart International and Sam's Club.
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Walmart’s third-quarter earnings marginally beat expectations despite supply chain issues
“Our momentum continues with strong sales and profit growth globally,” said CEO McMillon
Fake Walmart litecoin claim sparks chaos on crypto markets
A press release purporting to be from the shopping giant was faked
Walmart sales beat forecasts but profits drop by a third
The world's largest retailer also hiked its sales forecasts for the third quarter and the full year
Archive
Dow ends down more than 250 points after late-session dive
The Dow ended Tuesday down 268 points, 0.8%, at 34,069
Asda announces restructuring with up to 5,000 jobs at risk
A consortium made of billionaire Issa brothers and TDR Capital snapped up the grocer for £6.8bn in October
Archive
Banks, BAT and miners among the big hitters in the coming week, UK inflation and retail data eyed
Both Barclays and Natwest will report final results over the week, while other firms in the diary include trading firm Plus500 and recruitment group Hays
Asda's new owners sell off petrol forecourts to themselves
The new owners also announced a big new debt package to pay for growth plans
Walmart and Asda see sales improve thanks to surge in online demand
There has been a surge in demand for key Christmas products as customers were stocking up earlier than in previous years
US stocks close lower on coronavirus concerns and weak retail data
US retail sales rose 0.3% last month, which confirmed the weakest rate of growth in six months
The new Luddites: Walmart reverses store automation and Primark remains offline
Walmart’s US chief executive was worried about what customers would think seeing robots in the company’s stores
Asda makes net-zero carbon emissions pledge by 2040, opens new sustainability store
It also launched a national price promise that loose and unwrapped products will not cost more than wrapped equivalents
Asda snapped up by billionaire Issa brothers, TDR Capital for £6.8bn
The consortium is acquiring a majority ownership stake in Asda, while seller Walmart will retain an equity investment
Asda interest steps up with private equity groups eyeing £6.5bn deal, says report
Asda is facing a growing threat from discount rivals and online competition from Amazon
Asda gets boost from camping equipment as online sales double
The grocer added it intends to increase the number of delivery slots it has available to one million by 2021
Walmart’s Asda, Lidl to hire temporary staff
Grocers are hiring extra workers as they are faced with unprecedented demand
Weak finish for Asda fails to put a dent in Walmart
Walmart international boss Judith McKenna said last year that the group was “seriously considering” floating Asda
Walmart’s ASDA may lose sales over contract scandal
Analysts say Asda needs to consolidate as a standalone business as it considers a demerger from Walmart
Sainsbury’s boss Mike Coupe set to face a frosty reception at tomorrow’s AGM
The troubled CEO looks set for a pasting on Thursday as questions over strategy and executive pay are likely to bubble over
Investments and investor services
FTSE 100 closes higher again as bullish sentiment continues
Footsie closed around 50 points higher at 7,609 on Wednesday