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Retail

How is Walmart doing in online grocery?

Walmart Inc. (NYSE: WMT) has been investing significantly in its ecommerce business, with particular focus on online grocery, which is…

Walmart mulls $1.2-bln investment in China as trade tension de-escalates

Continuing the efforts to bring innovation in its business and stay relevant in rapidly changing retail industry, Walmart (WMT) this…

Walgreens’ Q3 results beat estimates

Walgreens Boots Alliance Inc. (NASDAQ: WBA) topped analysts’ forecasts on both revenue and earnings for the third quarter of 2019.…

Pier 1 Imports posts wider-than-expected Q1 2020 loss

Pier 1 Imports Inc. (NYSE: PIR) reported a wider loss in the first quarter of 2020 due to the recently…

Earnings: Rite Aid reports bigger-than-expected Q1 loss; stock falls

Pharmacy retailer Rite Aid Corporation (NYSE: RAD) reported a net loss for the first quarter of 2020 that is wider…

How Amazon’s rivals vie to grab a slice of the Prime Day pie

The extension of Amazon (Nasdaq: AMZN) Prime Day, the one-day discount sale organized for premium customers annually, to 48 hours…

Earnings preview: Walgreens unlikely to perform any miracle in Q3

Walgreens Boots Alliance (NASDAQ: WBA) is set to release its earnings results for the third quarter of 2019 on Thursday…

Earnings preview: Pier 1 Imports unlikely to post strong Q1 2020 results

Pier 1 Imports Inc. (NYSE: PIR) is scheduled to report its earnings results for the first quarter of fiscal 2020…

Earnings preview: Rite Aid unlikely to deliver any surprise in Q1

Rite Aid Corporation (NYSE: RAD) was on the verge of being delisted after the stock price slipped to a record…

CarMax Q1 profit rises 12%, beats estimates

CarMax Inc. (NYSE: KMX) reported a 12% jump in earnings for the first quarter of 2020 driven by strong conversion,…