Higher tariffs are kicking in. Here’s what Walmart and other retailers said about their impact
Customer with shopping cart in the snack aisle of a Walmart store in Florida City, Florida, Aug. 5, 2025.JC Milhet ...
Tag: Retail industry
Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’
Walmart's former U.S. CEO Bill Simon thinks Thursday's stock drop is bizarre.The big-box retailer lifted its full-year sales and earnings ...
Hertz to sell used vehicles online through Amazon Autos partnership
Hertz sells hundreds of thousands of vehicles per year, in addition to running its signature car rental business.Courtesy of HertzHertz ...
How retail accounting could distort profitability as tariffs take effect
As more tariffs take effect on goods imported into the U.S., a specific accounting method could have major implications for ...
Tapestry shares plunge nearly 16% as Coach parent says tariffs will bite into profits
People walk past a Coach store on Madison Avenue in New York. Carlo Allegri | ReutersShares of Coach and Kate ...
Walmart expands grocery discount for 1.6 million employees as tariffs renew inflation concerns
Groceries are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025.Ronaldo Schemidt | AFP | Getty ImagesAs ...
Cava stock plummets after company lowers forecast on disappointing same-store sales growth
Cava on Tuesday lowered its full-year forecast for same-store sales growth after a disappointing second quarter.For the full year, Cava ...
From Starbucks to Smoothie King, restaurants seek to cash in on consumers’ protein frenzy
Starbucks Protein DrinkCourtesy: StarbucksRestaurant chains are joining in on the protein frenzy, hoping to encourage diners to pay more for ...
Restaurant Brands earnings miss estimates, but international division shines
Restaurant Brands International on Thursday reported mixed quarterly results, as same-store sales declines for Popeyes were offset by strong demand ...
Craveworthy Brands becomes managing partner of Gregorys Coffee
Gregorys Coffee was founded in 2006 and has more than 50 locations.Source: Gregorys CoffeeCraveworthy Brands is now investor and managing ...
