CNBC

Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains

Walmart beat quarterly earnings and revenue estimates. The discounter said it made gains with high-income shoppers, and reported e-commerce growth of 22% for its U.S. business. CFO John David Rainey ...
CNBC

Discount grocer Aldi plans to open more than 180 stores in U.S. this year as customers across incomes seek value

Aldi said it will open more than 180 stores in the U.S. this year, as it continues an aggressive expansion. The German grocer's growth reflects the fiercer competition with traditional players as ...
Women's Wear Daily

Walmart Sees Tariff Price Hikes Under Trump; Takes Share From Target

Walmart has some advantages over Target, but don’t cross off the Minneapolis-based “Tar-jay” just yet. The two discounters couldn’t have posted more disparate third-quarter earnings results, with ...
Los Angeles Times

L.A. to provide resources to hundreds of 99 Cents Only workers losing their jobs

The city of Los Angeles will provide informational resources to 99 Cents Only workers who are losing their jobs as a result of the discounter’s impending store closures, Mayor Karen Bass announced ...