Levi Strauss (LEVI) earnings Q3 2023
Levi’s 501 blue jeans on display. Sean Gallup | Getty Images Levi Strauss on Thursday cut its full-year sales forecast, as it missed Wall Street’s quarterly revenue expectations and was …
Walmart Inc
Blue Apron to be acquired by Wonder Group for $103 million
Scott Eisen | Getty Images News | Getty Images Meal kit business Blue Apron announced Friday it has agreed to sell itself to food and restaurant company Wonder Group, founded …
Will weight loss drugs lead to less food consumption? Here’s what Walmart is saying
More than 40% of adults in the U.S. are obese. That’s a big number, which makes the group a force to be reckoned with if their habits start to change …
Target says it will close nine stores, citing violence and theft
A Target department store in North Miami Beach, Florida, on May 17, 2023. Joe Raedle | Getty Images Target said Tuesday that it will close nine stores in major cities …
Costco (COST) earnings Q4 2023
Costco on Tuesday reported quarterly earnings that topped Wall Street’s expectations, as shoppers turned to the membership club for groceries but bought fewer big-ticket items. On an earnings call, Chief …
In flurry of FAA approvals, more drones are set to fly over US skies
In March, Zipline released its drone Platform 2, or P2 Zip, which can carry up to eight pounds within a ten-mile radius, handling weights that it says cover most package …
Shein shifts shipping strategy to bring China-made goods closer to U.S. shoppers
Clothes displayed at the Shein Group Ltd. headquarters in Singapore, on Monday, June 19, 2023. Ore Huiying | Bloomberg | Getty Images E-commerce giant Shein is sending more low-priced apparel …
Instacart opens on Nasdaq at $42 in IPO
Sopa Images | Lightrocket | Getty Images Instacart shares rose 12% in their Nasdaq debut on Tuesday after the grocery delivery company’s long-awaited IPO. The stock initially popped 40% to …
Walmart opens pet center with veterinary care and grooming
Walmart is piloting a pet services center in a suburb of Atlanta, but plans to open more locations in other parts of the country. Walmart Walmart is opening a dedicated …
Tech trying to go public as value stock
When the Covid pandemic had many Americans declining to go to the grocery store in 2020, sales at online grocery startup Instacart rose 590%, and its venture capital valuation soared …