Your Daily QuickWit
Here are the top stories of the day in retail:
- Target investing $100M for next-day delivery expansion
- Dick’s Sporting Goods acquiring Moosejaw from Walmart
- Amazon acquires One Medical clinics in 20+ US markets
- ESG reshaping food and drinks industry practices
- Home Depot investing $1B for hourly employee wage increase
- Walmart exceeded holiday earnings, weak outlook for the year
- And more!
Walmart gives soft outlook for the year after posting strong holiday quarter
KEY POINTS Walmart topped holiday-quarter earnings expectations. The big-box retailer gave a weaker-than-expected outlook for the year ahead. Walmart’s CFO
CNBC
February 21, 2023
