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Walmart reports strong Q1 results

Walmart reports strong Q1 results

BENTONVILLE, Ark. – Walmart said Thursday that revenue increased 7.6% to $152.3 billion in its first quarter, topping Wall Street expectations. The company also raised its fiscal 2024 forecast; management now expects consolidated net sales will rise about 3.5% this year.

Target reports first-quarter earnings

Target reports first-quarter earnings

Target Corp. said sales increased 0.5% in its first quarter, with strength in everyday essentials offsetting continued softness in sales of discretionary items. Beauty was Target’s quarter’s best-performing category in the quarter to April 29, with sales growing in the mid-teens from a year earlier.

Kearney Consumer Institute issues Q2 2023 briefing

Kearney Consumer Institute issues Q2 2023 briefing

CHICAGO – Today global management consulting firm Kearney’s consumer think tank, the Kearney Consumer Institute (KCI), releases its Q2 2023 briefing on corporate transparency,  Blank space: the transparency disconnect The report looks into the complicated relationship consumers have with brand trans

AWS unveils Amazon Aurora I/O-Optimized

AWS unveils Amazon Aurora I/O-Optimized

Amazon Web Services (AWS) announced on Friday Amazon Aurora I/O-Optimized, a new configuration for Amazon Aurora that offers improved price performance and predictable pricing for customers with input/output (I/O)-intensive applications.

Meijer opens new supercenter in Elkhart, Indiana

Meijer opens new supercenter in Elkhart, Indiana

Meijer opened a new supercenter in Northern Indiana on Thursday, bringing its state-of-the-art retail experience, featuring multiple ways to shop, to customers in Elkhart. The 159,000-square-foot store at 2500 Cassopolis St., brings a one-stop shopping experience to Elkhart-area customers.

Ahold Delhaize reports strong Q1 sales

Ahold Delhaize reports strong Q1 sales

Ahold Delhaize reported better-than-expected first-quarter sales, driven by strong performances by its U.S. businesses. The company’s U.S. operations, which include the Food Lion, Stop & Shop, Hannaford Bros., the GIANT Co. and Giant Food chains, posted net sales of €13.5 billion ($14.