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Walmart is laying off, relocating hundreds of corporate workers across the country. Read the memo

The move follows the closures of the company's health clinics and comes ahead of its earnings report on Thursday.

Tue May 14, 2024 21:21
Fat Brands confidentially files to IPO Twin Peaks, Smokey Bones brands days after federal indictment

Fat Brands and its chair Andy Wiederhorn were criminally indicted for an alleged $47 million bogus loan scheme.

Tue May 14, 2024 18:18
Alibaba shares fall 7% after the Chinese tech giant posts 86% drop in profit

Alibaba posted a beat on revenue in its fiscal fourth quarter ended in March, but the Chinese e-commerce giant's net profit plunged.

Tue May 14, 2024 14:17
Home Depot misses on revenue, as high interest rates hurt sales

Home Depot reported first-quarter earnings as it tries to grow sales with home professionals in a tough housing market.

Tue May 14, 2024 13:16
Shein's U.S. charm offensive and IPO could hinge on NRF membership. So far, it's been rejected

If Shein gets a stamp of approval from the NRF, it could help legitimize the retailer in the eyes of lawmakers and clear its path to a U.S. IPO.

Mon May 13, 2024 13:56
Sweetgreen, Chipotle and other fast-casual chains are bucking the consumer slowdown

Chipotle Mexican Grill, Wingstop and Sweetgreen all beat Wall Street's estimates for their quarterly same-store sales growth.

Sat May 11, 2024 14:30

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