Latest News Updates From Anne D’Innocenzio

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
GovernmentBusiness

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
BusinessLogistics

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
Business

Sears Files for Chapter 11 Bankruptcy Amid Plunging Sales, Massive Debt

NEW YORK — Sears filed for Chapter 11 bankruptcy protection Oct. 15, buckling under its massive debt load and staggering losses. The question now is whether a smaller version of the company that once towered over the American retail landscape can remain viable or whether the iconic brand will be forced out of business

October 15, 2018
Business

Four Reasons Why Shoppers Are in the Mood to Spend

NEW YORK — The store isn’t dead for 91ÊÓÆµ Depot, Kohl’s, Best Buy or Target. Many traditional chains have posted strong sales, both online and at stores, as people are in a mood to spend.

August 29, 2018

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