Walmart
From unfilled gas tanks to fewer frills, retailers see US consumers rethink their spending
NEW YORK | U.S. consumers haven’t stopped spending money since the Iran war drove up fuel prices, but many shoppers are reassessing what they buy and where, according to company executives and retail analysts. The behavior changes observed so far are subtle, such as altered routines for buying gasoline and fewer visits to clothing and […]
Walmart and Amazon race to win over rural America with speedier deliveries
PEA RIDGE, Ark. | Walmart and Amazon are racing to speed up online order deliveries in rural areas of the U.S., a rich source of untapped sales that major retailers long wrote off as too sparsely inhabited, too remote or too impoverished to serve profitably. Walmart has a running start in the contest to build […]
Producer prices shot up 6%, adding to pressure on companies to raise prices for customers
WASHINGTON | U.S. wholesale inflation came in hot last month. Producer prices rose 6% from a year earlier, most since December 2022, as the 10-week Iran war pushed up energy prices and put pressure on companies to pass along higher costs to consumers. The Labor Department reported Wednesday that its producer price index — which […]