Business > Retail

The Walton family lost nearly $19 billion on Tuesday after Walmart's biggest stock slide in about 35 years

14 hours ago   |   Business Insider

Walton family members Jim, Rob and Alice Walton. REUTERS/Rick Wilking The Waltons are the the world's richest family , and five of them own just under half of Walmart. They...
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Dow Jumps 400 Points After Powell Says Fed ‘Won't Hesitate' To Keep Raising Rates To Combat Inflation

17 hours ago   |   Forbes   |   2 articles

Markets are attempting to recover from six straight weeks of selloffs.
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A Startup Wanted To Make A Better Baby Formula. It Took Five Long Years

18 hours ago   |   Forbes

The high barriers to entry illustrate why there are so few new baby formula makers - and why the U.S. will continue to be vulnerable to shortages.
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Wayfair freezes hiring for 90 days citing economic uncertainty

18 hours ago   |   Fortune

Customers are more focused on where they are spending their money due to rising retail costs and a "mix of troubling geopolitical events," Wayfair CEO Niraj Shah said.
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Ace & Jig's Spring ‘22 Assortment Features All New Bespoke Textiles

19 hours ago   |   Forbes

One way the team survived the pandemic was to use previous season's textiles with new designs. Thank goodness, it worked! And it makes their spring 2022 collection even more...
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Despite Lower Consumer Confidence, April Sales Increase .9% Over March

21 hours ago   |   Forbes

Retail sales are up 0.9% in April compared to last month despite concerns over inflation, stock market volatility, continuing supply chain challenges and the war in Ukraine.
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Building an Effective Social Commerce Strategy

22 hours ago   |   Business Insider

Social commerce is a fast-growing segment of the US ecommerce market that's garnering more attention and investment from media companies and brands. By 2023, we expect US...
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Stocks rise on Wall Street; report shows strong retail sales

22 hours ago   |   Star Tribune   |   2 articles

Stocks rose in morning trading on Wall Street Tuesday as investors review an encouraging report on retail sales and a mixed batch of earnings updates from several big retailers.
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Walmart Q1 profit dragged down as inflation takes a bite

23 hours ago   |   Star Tribune   |   2 articles

Walmart reported stronger sales for its fiscal first quarter, but its profit took a beating as the nation's largest retailer grappled with surging inflation on food and fuel...
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Dow jumps 376 points as investors digest latest earnings and retail sales data

23 hours ago   |   Business Insider

Traders have been rocked by volatility in 2022. Scott Heins/Getty Images US stocks climbed higher Tuesday, with the Dow gaining over 350 points. Home Depot reported strong...
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US Soccer equalizes pay in milestone with women, men

US Soccer equalizes pay in milestone with women, men

The U.S. Soccer Federation reached milestone agreements to pay its men's and women's teams equally, making the American national governing body the first in the sport to... Read more ...

Gen Z is stressed, burned out, and doesn't plan to stop the Great Resignation

Tony Anderson/Getty Images A new Deloitte report finds that 40% of Gen Zers surveyed say they'll quit in the next two years. Gen Zers, who are very stressed, are especially... Read more ...

Musk weighs in on Apple delaying their return-to-office plan with bizarre...

Apple reportedly postponed its plans to bring workers back to the office three days a week due to a resurgence in COVID cases. Read more ...

Snoop Dogg And Gary Vee Win Ownership Of Basketball Teams In Ice Cube's BIG3...

The 3-on-3 basketball league, BIG3, started by Ice Cube and Jeff Kwatinetz recently released sets of NFTs for its teams. From the layered release of NFTs both Snoop Dogg and... Read more ...

Character Tweaks to Elevate Floundering WWE and AEW Stars

With All Elite Wrestling and WWE boasting huge rosters filled with some of the most talented performers in the business, it's easy for some names to fall through the cracks and... Read more ...

Facebook's IPO 10 years later - new name, same CEO and a familiar problem

Since Facebook's debut 10 years ago, revenue has expanded by 26-fold, but the company's business is once again reliant on a risky bet on the future of tech. Read more ...

US adults will consume almost as much media as last year, but TV viewing...

The pandemic drove a dramatic increase in time US consumers spend per day with media. Most of those increases will stick in 2021; but traditional TV will lose all its 2020... Read more ...

I'm a teacher. The end of mask mandates is freeing, but after 2 years of...

Skyler Gausney-Jones has been an elementary teacher since 2017. Skyler Gausney-Jones Skyler Gausney-Jones, 26, is a second grade teacher in New York City. The end of the school... Read more ...

Target CEO Blaims ‘Unexpectedly High Costs' For Poor First Quarter Profit

NEW YORK - Target took a big hit from higher costs during the first quarter despite brisk sales. Profits for major retailers has come under pressure from both surging inflation... Read more ...

Ukraine's Guns Are In Range Of Izium. That's Bad News For Russia

What's important is where the shelling took place: just three miles northwest of Russian-occupied Izium, 60 miles southeast of Kkarkiv in eastern Ukraine's Donbas region. Read more ...