Latest News Updates From Anne D’Innocenzio

Business, Logistics

December Retail Sales Slip After Record Holiday Season

NEW YORK — Americans overlooked shortages, spiking prices and uncertainty over the omicron variant to break spending records during the critical holiday shopping season. But figures released Jan. 14 show that after spending robustly early in the holiday season, consumers sharply slowed their purchases from November to December.

January 14, 2022
Government, Business

Amazon Settles With NLRB to Give Workers Power to Organize

NEW YORK — Amazon, under pressure to improve worker rights, has reached a settlement with the National Labor Relations Board to allow its workers to freely organize — and without retaliation.

December 23, 2021
Government, Business, Fuel

Resilient Shoppers Push Retail Sales Up 0.7% in September

NEW YORK — Americans continued to spend at a solid clip in September even while facing sticker shock in grocery aisles, car lots and restaurants as snarled global supply chains slow the flow of goods.

October 15, 2021
Business, Logistics

Walmart to Launch Delivery Service for Other Businesses

NEW YORK — Walmart said Aug. 24 it will start farming out its delivery service, using contract workers, autonomous vehicles and other means to transport rival retailers’ products directly to their customers’ homes in as little as a few hours.

August 24, 2021
Business, Logistics

Amazon Delivers a Mixed Bag of Q2 Results

NEW YORK — Amazon on July 29 turned in a mixed bag of results for its fiscal second quarter, coming up short of Wall Street expectations in revenue but beating them on profits.

July 29, 2021
Business

To Retain Workers, Walmart Moves More of Them Full Time

NEW YORK — Walmart is moving more of its workers full time, with the goal of having two-thirds of its U.S. store hourly jobs be full time with more consistent work schedules by early next year.

April 14, 2021
Business, Logistics

Walmart Rolls Out Grocery Delivery Subscription

NEW YORK — Walmart is rolling out a grocery delivery subscription service this fall as it races to gain an advantage in the competitive fresh food business.

September 12, 2019
Business

Walmart Delivers in Second Quarter

NEW YORK — Walmart raised its annual outlook after a strong second quarter for the world’s largest retailer, thanks in part to strong online grocery deliveries.

August 15, 2019
Government, Business

Bankruptcy Judge Gives Sears Another Chance

A bankruptcy judge on Feb. 7 approved a $5.2 billion plan by Sears’ chairman and biggest shareholder to keep the iconic business going.

February 8, 2019
Business, Logistics

Walmart Expands Offerings in Bid to Stay in Retail Race With Amazon

NEW YORK — Walmart may be bruised by Amazon, but it’s learning how to fight back.

November 16, 2018