Walmart customers across the United States and Puerto Rico may find themselves eligible to claim compensation of up to $500 as part of a recently settled class-action lawsuit against the retail giant. The lawsuit, which was initially filed in late 2022 and subsequently amended in 2023, alleges that Walmart engaged in deceptive pricing practices, particularly…
Walmart, the retail giant known for its expansive presence in the grocery and retail sectors, is making a bold move into the media and advertising landscape with its recent acquisition of TV manufacturer Vizio for $2.3 billion. The strategic purchase, announced on Tuesday, underscores Walmart’s ambition to expand its advertising arm and position itself as…
Walmart plans to close half its stores in Chicago, a reversal of the retail giant’s high-profile commitment in 2020 to expand in the city as part of its corporate racial justice initiative in the wake of George Floyd’s murder by police. Walmart announced that next week it will close four poor-performing stores out of the…
A new online shopping platform linked to one of China’s top retailers has quickly become the most downloaded app in the United States, surpassing Amazon and Walmart. Now it’s looking to capitalize from an appearance on America’s biggest stage. Temu, a Boston-based online retailer that shares the same owner as Chinese social commerce giant Pinduoduo,…
