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Walmart Boosts Outlook After a Strong First Quarter

NEW YORK 鈥 Walmart reported a strong first quarter and boosted its outlook for the year as the nation鈥檚 largest retailer continues to draw budget-conscious consumers.

May 18, 2023

Kroger CEO Vows Legal Fight for Albertsons Deal if Necessary

Kroger Co. said it鈥檚 committed to hunkering down for a long legal battle if U.S. regulators attempt to block its $24.6 billion acquisition of Albertsons Cos.

May 11, 2023

Infrastructure Spending Expected to Benefit United Rentals

United Rentals executives foresee a rosy outlook for the business and sector as a result of increased infrastructure spending in the coming months and years after posting increased year-over-year profits in the first three months of 2023, they said April 27.

April 28, 2023

Amazon Contract Drivers in California Join Teamsters Union

More than 80 contract drivers and dispatchers who handle deliveries for Amazon .com Inc. have joined the International Brotherhood of Teamsters.

April 24, 2023

Amazon May Charge a Return Fee at UPS Stores

If you opt to return your Amazon purchase at a UPS store, that transaction just might cost you.

April 19, 2023

New Executives Chosen to Steer Pilot Overhaul

Pilot Co. is to replace its top two officers with executives hand-picked by its new majority owner as one of the biggest truck stop operators readies a major overhaul of its facilities.

April 12, 2023

Albertsons Eyes Higher Wages, Tougher Consumer Backdrop

Albertsons Cos. is anticipating higher labor costs and 鈥渁 more difficult consumer environment鈥 in a new sign of caution from big U.S. retailers.

April 11, 2023

Walmart to Expand EV Charging Network to Thousands of Stores

Walmart Inc. plans to add thousands of electric vehicle charging stations by 2030 to make it easier for motorists to pivot away from cars powered by fossil fuels.

April 6, 2023

CMA CGM鈥檚 CEO Forges Ahead With China, Media Deals

CMA CGM SA CEO Rodolphe Saade said the world鈥檚 third-largest container line has reached new supply deals in China and an investment in a French online media company.

April 6, 2023

Walmart Bets on Automation, Dangles Profit Potential

Walmart Inc. is betting on greater supply chain automation and hinting that a recent investment binge might lift profit beyond the retailer鈥檚 stated long-term goals.

April 4, 2023