In this article WMT Customers outside a Walmart store in Torrance, California, US, on Sunday, May 15, 2022. Walmart Inc. is scheduled to release earnings figures on May 17. Bing Guan | Bloomberg | Getty Images Walmart on Friday told employees that it will expand abortion and related travel coverage, according to an internal memo.
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In this article SBUX Starbucks Chief Operating Officer John Culver is departing the company after two decades with the coffee chain, as part of a restructuring that will eliminate his role. His exit comes in the middle of a broader executive reshuffling at Starbucks. Former CEO Kevin Johnson retired earlier this year, leading Howard Schultz
In this article BBBY Signs mark a Bed Bath & Beyond store in Somerville, Massachusetts. Brian Snyder | Reuters Bed Bath & Beyond shares tumbled in extended trading Wednesday after activist investor Ryan Cohen said in a filing he intends to sell his entire stake in the retailer through his firm RC Ventures. According to
In this article WMT Walmart CEO Doug McMillon said even wealthier families are penny-pinching as inflation drives up the price of groceries. In an interview Tuesday on CNBC’s “Squawk on the Street,” the leader of the nation’s largest grocer said sales in the fiscal second quarter got a lift from new customers and more frequent
In this article PARA WMT In this photo illustration, a woman’s silhouette holds a smartphone with the Walmart logo displayed on the screen and in the background. Rafael Henrique | Lightrocket | Getty Images Walmart has reached a deal to offer Paramount Global’s streaming service as a perk of its Walmart+ membership program, the companies
Target has added new brands to its beauty department. At a growing number of stores, it also has mini Ulta Beauty shops with prestige brands. Melissa Repko | CNBC As prices creep up, some people have decided against getting a new outfit, delayed big purchases like TVs or cancelled Netflix accounts. But for now, they’re
Author Salman Rushdie is reportedly on a ventilator and unable to speak after being attacked while on stage in western New York on Friday. State troopers confirmed in a press conference Friday afternoon that Rushdie was stabbed at least once in the neck and at least once in the abdomen while on stage for a
In this article PTON Peloton told employees Friday that it is slashing roughly 780 jobs, closing a significant number of its retail stores and hiking prices on some equipment in a bid to cut costs and become profitable. The company did not specify how many of its 86 retail locations it plans to shutter, but
In this article DIS Another major American company is raising prices again, but this time, don’t blame inflation. Disney is increasing the price on its streaming products and signaled that a price hike could be in the works at its theme parks as well. On Wednesday, the company said the price of Disney+ without ads
In this article DIS An inflatable Disney+ logo is pictured at a press event ahead of launching a streaming service in the Middle East and North Africa, at Dubai Opera in Dubai, United Arab Emirates, June 7, 2022. Yousef Saba | Reuter Disney on Wednesday lowered its longer-term forecast for Disney+ to 215 million to
Serena Williams of the US waves as she walks off the court after losing against Japan’s Naomi Osaka during their women’s singles semi-final match on day eleven of the Australian Open tennis tournament in Melbourne on February 18, 2021. William West | AFP | Getty Images Tennis legend Serena Williams announced her retirement in a
In this article BIRD A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds on Monday trimmed its financial forecast for the year and announced a number of efforts to cut costs as the sustainable shoe maker reported