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Walmart lowers earnings estimate

Subscriber onlyWalmart Inc. executives told investors Tuesday that they have lowered their guidance for the fiscal year by 25 cents because of expenses related to the purchase of Flipkart Group. The Bentonville retailer's adjusted earnings per share are now expected to range from $4.65 to $4.80. Continue reading...

Walmart cuts outlook after $16B purchase of Flipkart

Subscriber onlyBENTONVILLE -- Walmart trimmed its profit outlook citing this year's $16 billion acquisition of the Indian online retailer Flipkart, its biggest deal ever. Continue reading...

As Walmart, Amazon battle, researchers say online grocery share data hard to pin

Subscriber onlyAs retailers like Walmart Inc. and Amazon battle for market share of U.S. online grocery sales, researchers are trying to track how they're faring. However, an industry expert says determining market share in the digital realm isn't as straightforward as it is for in-store sales. Continue reading...

Retailers ramp up toy offerings

Toys R Us closures leave opening ahead of holiday season

Subscriber onlyWhen Toys R Us closed its doors, customers mourned the loss of a beloved brand that conjured memories of their own childhood. Continue reading...

Walmart to buy plus-size women's brand Eloquii

NEW YORK — Walmart says it's acquiring an online plus-size fashion brand called Eloquii Design Inc., continuing its buying spree of niche brands as tries to compete better with online leader Amazon.com Continue reading...

Walmart's food-tracking plan wins praise

Expert touts company as innovator in blockchain ledger use

Subscriber onlyWalmart Inc.'s new requirement that some suppliers use a blockchain ledger to track food from farm to table is just the latest example of the retailer's leadership in innovation, a supply chain expert says. Continue reading...

Walmart to expand delivery to Little Rock metro

Subscriber onlyWalmart Inc. is expanding home delivery of online grocery orders to the Little Rock metro area beginning Tuesday, the company said in a news release. The service area will include Sherwood, North Little Rock and Bryant. Continue reading...

Rethink tariffs on China goods, Walmart urges

Next week’s 10% duty to hit suppliers, consumers, it says

Subscriber onlyClaiming potential harm to its customers, suppliers and the U.S. economy, Walmart Inc. lobbied the White House this month to reconsider its plan to add tariffs to $200 billion worth of Chinese imports. Continue reading...

Supplier plan has climate objective

Walmart reveals anti-smog goals

Subscriber onlyWalmart Inc. is working on a program to link its suppliers who source materials in regions at risk of deforestation with guidance from conservation groups to help protect those environments. Continue reading...

Walmart's Jet.com to sell Nike gear ahead of holidays

NEW YORK — Walmart-owned Jet.com will soon sell Nike products on its site as it seeks to catch up with Amazon ahead of the holiday shopping season. Continue reading...

Walmart workers' bonuses top $200M

Subscriber onlyWalmart Inc. distributed more than $200 million in cash bonuses last week to more than 915,000 Walmart U.S. hourly employees, the company said in a news release Tuesday. Continue reading...

Walmart gets superheroes' help; DC Comics teaming up with retailer to discover new market

Subscriber onlyWith each edition of DC Giants comic books in Walmart stores selling out faster than a speeding bullet, the publisher already has plans to expand the exclusive line. Continue reading...

Walmart's 2Q sales jump 4.5%; stock climbs 9.3%

Subscriber onlyWalmart Inc.'s efforts to improve customers' shopping experience helped boost U.S. same-store sales by 4.5 percent in the second quarter, the company reported Thursday. Continue reading...

Arkansas-based Walmart trying out pet clinics as tenants

Subscriber onlyWalmart Inc.'s partnership with a national chain of veterinary clinics has delivered walk-in pet health care to 20 stores this year, with plans for many more over the next five years. VetIQ Petcare Wellness Centers provide exams, vaccinations and other nonemergency care for cats and dogs daily without an appointment. Continue reading...

News in brief

Subscriber onlyA bigger version of Doublebee's No. 116, the convenience store and gas station that was a fixture at Cantrell Road and Riverfront Drive in Little Rock for more than 25 years, should be in place by year's end. Continue reading...

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