Tag: superstores

Nearly 5 Million Portable Blenders Recalled Over Fire, Laceration Risks
World

Nearly 5 Million Portable Blenders Recalled Over Fire, Laceration Risks

Nearly 5 million portable blenders sold at retailers including Walmart, Costco and Target have been recalled over fire and laceration risks. The U.S. Consumer Product Safety Commission has asked owners of recalled BlendJet 2 Portable Blenders to immediately stop using the product and contact BlendJet for a replacement base. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Walmart Stops Ads on X, Joining the Advertising Exit
Technology

Walmart Stops Ads on X, Joining the Advertising Exit

Updated Dec. 2, 2023 12:03 pm ETWalmart said it had stopped advertising on Elon Musk’s X, joining the parade of major marketers that have left the social-media platform in recent weeks.The retail behemoth said the halt—in the middle of its critical holiday shopping season—wasn’t because of a change in its advertising policies, but about how well advertisements on X have performed. Walmart largely stopped purchasing ads in October and the last ones ran around Thanksgiving.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Walmart Stops Ads on X, Joining the Advertising Exodus
World

Walmart Stops Ads on X, Joining the Advertising Exodus

Walmart said it had stopped advertising on Elon Musk’s X, joining the parade of major marketers that have left the social-media platform in recent weeks.The retail behemoth said the halt—in the middle of its critical holiday shopping season—wasn’t due to a change in its advertising policies, but about how well advertisements on X have performed.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Black Friday Deals Started Early, and Shoppers Were Choosy
World

Black Friday Deals Started Early, and Shoppers Were Choosy

Updated Nov. 24, 2023 6:16 pm ETMillions of Americans visited stores on Black Friday but retailers are bracing for shoppers who are less willing to splurge this holiday season.Many households have already begun their gift buying in a year when high prices for food and other essentials have sapped demand for apparel, home décor and other items people might want but not need.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Walmart Earnings, Low Fuel Prices Drag on Stocks
Money

Walmart Earnings, Low Fuel Prices Drag on Stocks

Earnings selloffs in Cisco Systems and Walmart pulled down the Dow. But the broader market narrowly overcame those drags as well as tumbling energy shares to keep the November rally going.The S&P 500 added 0.1%. The tech-oriented Nasdaq Composite eked out a smaller gain than that and is now up 9.8% this month. The Dow Jones Industrial Average shed about 0.1%, or 46 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Chicago Is Losing Supermarkets. Does a Small Kansas Town Have the Answer?
World

Chicago Is Losing Supermarkets. Does a Small Kansas Town Have the Answer?

ERIE, Kan.—As Chicago studies whether to become the first big city to open a municipally-owned grocery store, it will be looking to places like this city of 1,000 people for tips on how to do it.At the moment, things aren’t going especially well. Erie Market, which the city took over in 2021, is losing money almost every month amid stiff competition from a Walmart 15 miles away and a Dollar General across the street. The store has slashed prices, cleared the shelves of expired items and put in a salad bar to try to bring more people through the door. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Carl Icahn Bet on the ‘Big Short 2.0.’ Now He Says the Game Was Rigged.
Money

Carl Icahn Bet on the ‘Big Short 2.0.’ Now He Says the Game Was Rigged.

The teenagers and elderly walkers at Crossgates Mall might not realize it, but they are standing on a Wall Street battlefield with potentially hundreds of millions of dollars on the line.Four years ago, legendary Wall Street investor Carl Icahn made a huge bet against the future of the U.S. shopping mall in what was called the Big Short 2.0. His wager pitted him against huge asset managers and hedge funds that routinely deal in a notoriously complex and contentious market.    Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8