1. Channel: Mass

Walmart to raise $5 billion in corporate bond deal

Written by Posted on Less than 0 min read

Walmart plans to use the $5 billion raised in a corporate bond offering for general corporate purposes. The retailer has at least $4 billion in bonds maturing over the next six months, according to CreditSights.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. Stores & Formats

The Body Shop Closes Almost Half of Its Stores Across the UK

The Body Shop recently revealed plans to shut down almost half of its stores in the U.K., including seven closures that took place on Tuesday. Additionally, the company is slashing 40% of positions at its London headquarters. View Original Article Associates Brick and Mortar International - UK RetailWire Member since October 25, 2020 Loading + […]
< 1 min read
0
  1. International

JD Sports Bids for Hibbett in $1.08 Billion Deal

JD Sports Fashion plans to buy Hibbett Inc. for around $1.08 billion. The move aims to help the UK’s largest sportswear retailer grow in the southeastern United States. View Original Article Dept. Apparel International - UK RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the […]
< 1 min read
0
  1. Shopper & Customer

Lab-Grown Beef Rice Promises a Less Expensive High Protein Source

Lab-grown beef rice is the newest superfood, and scientists say it could be a high protein source for consumers. View Original Article Consumers RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that […]
< 1 min read
0
  1. Channel: Home Improvement

Lowe’s offers cautious outlook for 2023

Lowe’s fourth-quarter U.S. same-store sales fell 0.7 percent. The home improvement retailer expects total sales of between $88 billion and $90 billion this year, compared to the $90.48 expected by analysts. Lowe’s estimates earnings per share of between $13.60 and $14, compared to Wall Street’s expectation of $13.79. View Original Article Results & Investment Pricing […]
< 1 min read
0
  1. Channel: Delivery

Costco asks Instacart shoppers to wait for orders offsite

Some Costco stores have started asking Instacart shoppers to wait for orders offsite, according to interviews with shoppers and a review of Reddit posts and discussions on the policy. Instacart does not require shoppers to wait in a store’s parking lot to be eligible for an order, but it does tell its contractors that they… […]
< 1 min read
0
  1. Operations & Supply Chain

Intel Granted Nearly $8.5B in CHIPS Act Funding and Billions More Available in Loans

As the Biden administration gears up to introduce semiconductor manufacturing to U.S. soil, The White House has disclosed that Intel has been awarded close to $8.5 billion in funding under the CHIPS Act. View Original Article Operations & Supply Chain RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online […]
< 1 min read
0
  1. Channel: Restaurants

Chick-fil-A Recalls Polynesian Sauce Due to Potential Allergens

Chick-fil-A has initiated a recall of its Polynesian sauce, citing potential wheat and soy allergens. Customers who have acquired Polynesian dipping cups from Chick-fil-A between Feb. 14-27, 2024, are advised to discard them promptly. View Original Article Predictions and Forecasts Restaurants RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier […]
< 1 min read
0
  1. Media & Marketing

Twitter will not prohibit tweets trolling transgender individuals

Twitter’s previous policy prohibited “repeated slurs, tropes or other content that intends to degrade or reinforce negative or harmful stereotypes about a protected category. This includes targeted misgendering or deadnaming of transgender individuals.” The social media company has removed the protection for transgender individuals in its updated policy, according to the Wayback Machine. View Original […]
< 1 min read
0
  1. Shopper & Customer

Americans are cutting back and trading down for Thanksgiving

Seventy percent of consumers plan to reduce their purchases, trade down to a cheaper brand or both to make their Thanksgiving meals, according to an Ipsos survey. “Inflation is sort of a fancy term for people having to pay more for the same amount of stuff and I think that’s the reality that consumers are […]
< 1 min read
0
  1. Uncategorized

Powerball Jackpot Is Now $1.09 Billion

The latest Powerball jackpot is worth over $1 billion. View Original Article RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors […]
< 1 min read
0
  1. Shopper & Customer

Tipping fatigue may be setting in

Some consumers are tired of tipping wait staff, particularly for pickup and drive-thru orders, and question why their employers are not paying higher wages. Tips at full-service restaurants grew by 25.3 percent year-over-year in the third quarter of 2022 and 16.7 percent at quick or counter-service restaurants, according to Square. View Original Article Associates BOPIS […]
< 1 min read
0
  1. Department: Beverage

Dunkin’ takes Dunkaccino off its drink menu

Go into a Dunkin’ store, order a Dunkaccino and you will be out of luck after the drink was pulled from the chain’s menu. “As we focus on innovation and finding new ways to delight guests, we continually evolve our menu in an effort to deliver a fast, frictionless experience,” said a company spokesperson. “The […]
< 1 min read
0
  1. Uncategorized

Disney Gains Victory Over Activist Investors

In a recent showdown, Disney emerged victorious in a hard-fought battle against activist investors vying for board seats. View Original Article RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well […]
< 1 min read
0
  1. Channel: Specialty & Other

Best Buy lowers Totaltech membership price

Best Buy has lowered the price of its Totaltech membership program from $200 to $179.99 a year. The consumer electronics chain has also debuted tiers to the program, including a free option. “We’re excited about introducing a new tier of membership that we believe leverages the insights that we gained around member pricing being really […]
< 1 min read
0
  1. Holiday & Events

Chocolate Prices Continue To Soar as Cocoa Shortage Crisis Takes Shape

Valentine’s Day enthusiasts might need to brace themselves for a bitter surprise this year as cocoa prices soar to unprecedented levels. View Original Article Holiday & Events RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years […]
< 1 min read
0
  1. Channel: Grocery

FTC Sues To Block Kroger-Albertsons $25B Merger

The Federal Trade Commission (FTC) has taken legal action to halt the proposed $25 billion merger between Kroger and Albertsons, labeling it as potentially harmful to consumers. This merger, slated to be the largest in US supermarket history, aims to combine two of the nation’s top retailers, with brands like Safeway, Vons, Harris Teeter, and […]
< 1 min read
0
  1. Shopper & Customer

Starbucks’ CEO Moonlighted as a Barista. He Burned His Hand on a Sandwich and Had an Egg Bite Explode in Front of a Customer — And Now He’s Making 5 Key Changes.

Starbucks CEO Laxman Narasimhan took on shifts as a barista in preparation for his new role, encountering rookie blunders like a bursting egg bite and burning his hand on a hot sandwich. His experiences highlighted areas for operational improvements, including simplifying cup and lid combinations and ensuring breakfast sandwich availability. While Starbucks employees are in… […]
< 1 min read
0
  1. Shopper & Customer

Viking Cruise Line Stocks Surge 10% on Market Debut

Viking, a cruise line renowned for its upscale voyages targeting affluent baby boomers, made a splash on the New York Stock Exchange today under the ticker symbol “VIK.” View Original Article Consumers RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon Lands Exclusive Rights To Stream NFL Playoff Game

Amazon has won exclusive streaming rights for one National Football League game next season. The playoff will be available for viewers on the Prime Video platform. View Original Article Amazon Marketing: Digital Media Streaming RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as […]
< 1 min read
0
  1. Corporate Strategy

Gap’s 4Q concludes a disappointing year

Gap Inc. reported a loss of 75 cents per share for the fourth quarter, below the 46-cent decline expected by Wall Street. The retailer did manage to cut its net loss for the year to $202 million compared to $256 million in 2021. Gap suffered from sales declines, excess inventory and a need for a […]
< 1 min read
0
Next