Investing.com -- The US Justice Department has expanded its antitrust investigation into the meatpacking industry by requesting information on beef prices from eight major food retailers.
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The US Justice Department expanded its antitrust inquiry of the meatpacking industry by demanding information on surging beef prices from eight major food retailers, including Amazon.com Inc., Costco Wholesale Corp. and Walmart Inc.

The chain faces an uphill battle since it can’t compete on price.
Editor’s note: This story is developing and will be updated. Dive Brief: Kroger announced Wednesday that Mark Ibbotson will join the grocer as executive vice president and chief store operations officer on Sept. 14. A former top executive at Walmart, Ibbotson brings decades o...
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A single-name re-rating inside big-box retail has driven Target far ahead of both the sector and the S&P 500 this year. The SPDR S&P Retail ETF (NYSEARCA:XRT) was down 0.1% year to date to $85.86, going essentially nowhere. Meanwhile, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) was up 12% year to date, comfortably higher but […]

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Investing.com -- Citi has opened a short-term downside catalyst watch on Kroger (NYSE: KR) ahead of second-quarter results on Sept. 11, warning that intensifying price competition from Walmart could pressure the grocer's comparable sales and margins.

In recent weeks, Walmart has expanded its offer with new brands and partners, from HallPass low-sugar candy and Bluevua water systems to Purpose Toys’ Naturalistas dolls and the Scenario women’s fashion line, while also marking its 100th company-owned EV fast-charging site and rolling out Morgan’s Repellent and a limited Duke Cannon–Mountain Dew collaboration at Walmart and online. At the same time, Walmart reported higher second-quarter revenue of US$187.94 billion, continued share...

Walmart's $1 trillion comeback looks realistic, with strong growth in e-commerce, advertising, memberships, and earnings continuing to reshape the retail giant.

Walmart International's digital mix rises as e-commerce growth and lower losses improve economics, though margin pressures persist.

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Kroger (NYSE:KR) shares fell 1. 2% in pre-market trading after Citi placed the supermarket group on a short-term downside Catalyst Watch ahead of its second-quarter 2026 earnings report.
Ryan Waymire, who has also had merchandising roles at Wayfair, FabFitFun, Amazon and Target, will replace Nick Jones.

The Federal Trade Commission on Monday filed a lawsuit against Amazon.com alleging that the e-commerce giant manipulated prices businesses paid to advertise on its retail platform, reaping tens of billions of dollars for itself over seven years. The lawsuit, joined by a bipartisan group of more than 20 state attorneys general, alleged that Amazon deceived advertisers by secretly raising the minimum price advertisers had to pay to place ads promoting their products. Third major litigation: The case, filed in a Seattle federal court, becomes the consumer-protection agency’s third major case against Amazon, which agreed to pay $2.5 billion last year to settle an earlier suit alleging it tricked people into signing up for its Prime service and made it hard to cancel the subscription.

The Justice Department once threatened Walmart's pharmacies with billions in civil penalties over opioid prescriptions. What prosecutors actually walked away with tells a very different story about who held the leverage.

A lawsuit that threatened billions in penalties for Walmart pharmacies ended with a fine the company calls “immaterial.”

Profit fell 83% last quarter as consumer spending habits shifted.
The retailer can capture trade-down demand, but rising fuel and inventory costs threaten the cash conversion supporting its valuation.

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Nike (NYSE:NKE) appointed Walmart veteran Jane Ewing as chief commercial officer, reinstating the role after a period without a dedicated executive in that position. The company announced a new partnership with Foot Locker to launch The Crenshaw Rec, a community-focused retail and cultural hub in Los Angeles. The Crenshaw Rec is designed as a blended space for shopping, sport and local programming tailored to the surrounding neighborhood. For a broader view on how large consumer brands are...

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