Walmart: latest news, insights & analysis | Checkout Magazine

Asda Reports Slow Sales In First Quarter

Asda has reported that its underlying sales rose 1.4% in the first quarter, marking a slowdown from a growth of 2.2% in the previous quarter.

Asda UK Refinances Over £3.2b Of Debt

The UK’s third largest supermarket group Asda has refinanced over £3.2 billion of debt, pushing most of its maturities into the next decade.

Asda Reports A 24% Increase In Underlying Profit 2024

Asda reported a 24% rise in annual earnings that reflect a 7.1% rise in total sales from 2023, and added that it had cut its debt.

US Retailers Stuck With Excess Stock Offer Bargains As Holiday Season Nears

As the holiday shopping season approaches, major US retailers from Dollar General to Walmart and Macy's could be saddled with too much...

Walmart Changes Starting Pay Structure For Entry-Level Store Workers

Walmart is changing the hourly starting wage structure for entry-level store workers, as companies seek to reduce costs in a slowing job market.

Gloomy US Retail Outlook Dulls Hopes Of Strong Holiday Season Spending

Latest results and forecasts from retailers ranging from Macy's to Foot Locker are showing fresh signs of US consumer spending remaining under stress headi...

Weekly Round-Up ... 21 August 2023

SPAR Croatia is reducing the sugar content in its own-brand products, in line with the recommendations of the World Health Organisation (WHO).

Walmart Promotes CEO Of Sam's Club To Head International Division

Walmart Inc on Wednesday promoted Kathryn McLay, CEO of its Sam's Club unit, to head its $100 billion international business at a time when high inflation...