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REUTERS/Siddharth Cavale/File Photo Acquire Licensing RightsDec 1 (Reuters) - Walmart (WMT.N) said on Friday it is not advertising on social media platform X, one of the latest brands to say it has dropped the Elon Musk-owned site. "We aren't advertising on X as we've found other platforms to better reach our customers," a Walmart spokesperson said. X, formerly known as Twitter, did not immediately respond to a request for comment. Earlier this month, Musk agreed with an X user who falsely claimed members of the Jewish community were stoking hatred against white people, saying the user was speaking "the actual truth." Reporting by Siddharth Cavale in New York and Sheila Dang in Dallas; Editing by Chizu Nomiyama and Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

Persons: Siddharth Cavale, Musk, Walt Disney, Sheila Dang, Chizu Nomiyama, Bill Berkrot Organizations: REUTERS, Walmart, Elon Musk, Twitter, New York Times, Apple, Warner Bros Discovery, Media, Thomson Locations: Teterboro , New Jersey, U.S, New York, Dallas

To be sure, China is still Walmart's biggest country for importing goods. "We want the best prices," Andrea Albright, Walmart's executive vice president of sourcing said in an interview. Walmart has been accelerating growth in India since 2018, when it bought a 77% stake in Indian e-commerce firm Flipkart. Its rapidly growing workforce and technological advancement were a draw for Walmart, Albright said. The rising cost of shipping goods from China has also contributed to the switch to India, supply chain experts say.

Persons: Eduardo Munoz, Andrea Albright, we're, Albright, Doug McMillon, Narendra Modi, Modi, McMillon, Rajesh Kharabanda, Chris Rogers, Shekhar Gupta, Devgiri, Richa Naidu, Siddharth Cavale, Casey Hall, Manoj Kumar, Matthew Scuffham, Sharon Singleton Organizations: Walmart, REUTERS, Companies Walmart, Reuters, Flipkart, Walmart Global Tech India, Indian, Amazon, Freewill, P, Thomson Locations: Teterboro , New Jersey, U.S, India, China, United States, Washington, Beijing, Thailand, Vietnam, Bangalore, Pakistan, Bangladesh, Mundra Port, Gujarat

☆ Walmart lifts targets as shoppers pick low-priced groceries for the holiday
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Siddharth Cavale/File Photo Acquire Licensing RightsNov 16 (Reuters) - Walmart (WMT.N) raised its annual sales and profit forecast on Thursday for the second straight quarter, signaling a strong start to the holiday season. The strong demand for low-priced products from groceries to clothing and gifts, coupled with better in-stock levels, has helped Walmart take more market share from other retailers - including dollar stores - in recent months. Walmart now expects fiscal 2024 earnings per share of between $6.40 and $6.48, up from its prior forecast of $6.36 to $6.46. Walmart is also doubling down on holiday merchandise across a wide range of price points to attract inflation-hit customers looking to make Christmas purchases on a budget. Walmart shares, which have gained nearly 20% this year, were down 1% in premarket trading.

Persons: Siddharth Cavale, Doug McMillon, Deborah Sophia, Susan Fenton Organizations: REUTERS, Walmart, Target, Walmart U.S, Walmart's, Thomson Locations: Teterboro , New Jersey, U.S, New York, Bengaluru

☆ Walmart to upgrade 1,400 stores with $9 billion investment
▼ + stars: | 2023-10-30 | by ( Siddharth Cavale | ) www.reuters.com time to read: +2 min

On Friday, 117 stores in 30 states will be re-launched showcasing the enhancements, representing investments of more than $500 million, Walmart said in a statement. In total, it plans to modernize more than 1,400 of its 4,717 Walmart stores across the country. As part of those efforts, the company tested some remodeled concept stores called "Stores of the Future" at a few Walmart Supercenters, including Teterboro in New Jersey, earlier this year. Monday's investments mark the national rollout of that concept, a Walmart spokesperson said. The enhanced stores will have refreshed interiors and exteriors, with new paint, updated flooring, modernized restrooms, LED-lighting and new signage for brighter and easier navigation through the stores, the company said.

Persons: John Furner, Siddharth Cavale, Bill Berkrot Organizations: Investment, Walmart, Sam's, Thomson Locations: Bentonville , Arkansas, New Jersey, New York

☆ 3 ways Costco can win leveraging AI and its treasure trove of member shopping data
▼ + stars: | 2023-10-13 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

For the entire grocery industry, Cowen sees AI amplifying "loyalty by harnessing customer interaction data to offer prescriptive advice." Customer experience Costco has the "unique opportunity to drill into the buying habits of their individual members," Morningstar retail analyst Noah Rohr told CNBC in an interview. Rohr believes that generative AI advancements could be as simple as making promotional emails more relevant to each individual member. The retailer utilizing its large customer data sets is "a big advantage when it comes to inventory planning," Morningstar's Rohr said. Rohr said Costco can also optimize its data with AI by making sure store employees are using their time efficiently.

Persons: TD Cowen, Cowen, Noah Rohr, Joe Feldman, ChatGPT, Rohr, Feldman, it's, Morningstar's Rohr, Kirkland, Jim Cramer's, Jim Cramer, Jim Organizations: Costco, Walmart, Morningstar, CNBC, Kirkland, Advisory, Corbis, Getty Locations: Kirkland, Teterboro , New Jersey

☆ Walmart expands online healthcare benefits for US employees
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Siddharth Cavale/File Photo Acquire Licensing RightsOct 10 (Reuters) - Walmart (WMT.N) said on Tuesday it will expand online primary care benefits as part of its employee health insurance plan to its workers in 28 U.S. states. Walmart said it has partnered with virtual healthcare services provider Included Health to expand its online primary care services, which are already available in 21 states. The expansion comes months after Walmart announced plans to open new healthcare centres in the U.S. next year, as the company looks to expand its footing in the industry. Walmart said in a blog post it had observed an 11% reduction in the total costs of care for its employees and their families from a pilot run for its virtual primary care service. The company added that most of its online health services offered as part of the plan were available at no additional cost.

Persons: Siddharth Cavale, Juveria Tabassum, Sherry Jacob, Phillips, Shweta Agarwal Organizations: REUTERS, Walmart, Health, Thomson Locations: Teterboro , New Jersey, U.S, United States

☆ Our takes on new Wall Street research analyzing 4 Club consumer stocks
▼ + stars: | 2023-09-22 | by ( Paulina Likos | ) www.cnbc.com time to read: +8 min

There was lots of consumer stock research from Wall Street on Friday, including reports on Club names Costco (COST), Procter & Gamble (PG), beer maker Constellation Brands (STZ) and off-price retailer TJX Companies (TJX). HSBC also said Costco's premium stock multiple is worth it given management's strong execution, sustainable competitive advantages, and growth outlook. The analysts said that P & G has built "one of the strongest set of capabilities in the consumer staples sector." You will not see us trade Costco. TJX YTD mountain TJX Companies YTD In a note Friday, UBS sees department stores still losing share to off-price retailers in both sales and earnings before interest and taxes (EBIT) dollars over the next 10 years and beyond.

Persons: We're, Goldman Sachs, Goldman, Bill Newlands, Jim, TJX, It's, Jim Cramer's, Jim Cramer Organizations: Wall, Costco, Procter, Gamble, Constellation Brands, TJX Companies, HSBC, Coresight Research, Gamble YTD HSBC, Constellation, Modelo, Corona, Constellatio Brands, Elliott Management, UBS, Marshalls, Burlington, Ross Stores, CNBC, Corbis, Getty, & & $ Locations: U.S, Mexican, Maxx, Teterboro , New Jersey

☆ What's open and closed on Labor Day, September 4 holiday
▼ + stars: | 2023-09-03 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

New York CNN —Labor Day is here, which means summer is winding down and schools are reopening. The first Monday in September also commemorates the American labor movement and contributions workers have made to the US economy. But if you have errands to run, here are the businesses and institutions that will be open and closed on Monday, September 4. Kena Betancur/VIEWpress/Corbis/Getty ImagesMost Walgreens and CVS (CVS) stores will be open during normal hours as well. CVS (CVS) said to call ahead to local stores as some pharmacy hours may be reduced, and other locations could be closed.

Persons: Kena Organizations: New, New York CNN, Labor, Walmart, Kroger, KR, Costco, Walgreens, CVS, United States Postal Service, FedEx, FedEx Office, Banks Labor, NASDAQ, New York Stock Exchange, Government Federal Locations: New York, Teterboro , New Jersey, State

☆ Earnings this week show shoppers will spend money for value, favoring two retail stocks
▼ + stars: | 2023-08-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +11 min

A busy week of retail earnings revealed that American consumers are spending with value top of mind. This disparity signals that certain discretionary goods categories are working while others are not. TGT YTD mountain Target YTD performance Target on Wednesday reported a second-quarter that reflected weak sales along with a slowdown in discretionary spending. TJX YTD mountain TJX Companies YTD performance TJX tells a different story. COST YTD mountain Costco YTD performance Looking ahead, Costco is set to release its fiscal fourth-quarter earnings on Sept. 26.

Persons: Jim Cramer, Matthew Shay, Doug McMillon, Brian Cornell, That's, Maxx, TJX, Ernie Herrman, it's, ROSS, Ross, Jim, Jim Cramer's Organizations: Walmart, TJX Companies, Costco, National Retail Federation, CNBC, Retailers, Health, Wellness, Walmart's, Marshalls, & Beverage, Food & Beverage, Target, Ross Stores, Corbis, Getty Locations: Maxx, TJX, U.S, Teterboro , New Jersey

☆ These Club consumer stocks stand to gain as customers continue to economize
▼ + stars: | 2023-08-03 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Consumers looking to save money are scaling back on big-ticket discretionary purchases, while spending at Club name Costco Wholesale (COST) continues to thrive. Excluding impacts from changes in gasoline prices and foreign exchange, total company core-comparable sales were up 5% on an annual basis last month. Costco's "stronger than expected results are a signal it continues to take share in this difficult consumer environment," analysts at UBS wrote in a note. This strategy offers higher value proposition to customers, allowing the company to raise prices while still maintaining customer engagement. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer, BUD, Raymond James, Anheuser, Molson, Elliott, Jim Cramer's, Jim Organizations: Club, Costco Wholesale, Costco, TAG, UBS, Constellation Brands, Modelo Especial, U.S ., Anheuser, Bush Inbev, Molson Coors, TAP, Constellation, Procter & Gamble, Tide, Gillette, Atlantic, Anheuser Bush, Elliott Management, CNBC, Corbis, Getty Locations: U.S, Teterboro , New Jersey

☆ United gives 30,000 frequent flyer miles to travelers hit by flight delays, CEO says schedule cuts needed
▼ + stars: | 2023-07-01 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

The carrier gave 30,000 frequent flyer miles to customers who were most affected by the chaos. He said that the airline needs more gates at Newark Liberty International Airport because of frequent aircraft backups there. He said that extensively delayed departures, which piled up at its hub at Newark since last weekend, hurt its operation. United sent the 30,000 miles to customers who were delayed overnight or didn't get to their destination at all, a spokeswoman said. United fared worse than competitors with about half of its mainline schedule arriving late and almost a fifth canceled over that period, FlightAware data show.

Persons: Scott Kirby, Kirby, United Organizations: Newark International Airport, Newark , New Jersey . United Airlines, CNBC, Newark Liberty International, Teterboro, East Coast, United, JetBlue Airways, " Airlines, Aircraft, FAA Locations: Newark, Newark , New Jersey, East, U.S

☆ United CEO apologizes for flying private as airline cancels thousands of flights
▼ + stars: | 2023-06-30 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —United CEO Scott Kirby is apologizing to customers and his own employees after taking a private jet during a week when his airline was canceling thousands of flights. United customers have been plagued by flight delays, cancellations and lost luggage this week. On Friday as of the evening, United had 979 flight delays, or 34% of its operations, and 234 canceled flights, according to FlightAware. “The FAA frankly failed us this weekend,” said Kirby in an internal company memo to United staff shared with CNN on Wednesday. “Look, United Airlines has some internal issues they need to work through.

Persons: Scott Kirby, Kirby, ” Kirby, “, ”, Pete Buttigieg, They’ve, CNN’s Kaitlan Collins, Buttigieg, They’re Organizations: New, New York CNN —, Teterboro Airport, ”, Newark Liberty International Airport, Federal Aviation Administration, FAA, United, CNN, Newark, United Airlines Locations: New York, New Jersey, Denver , Colorado, Newark , New Jersey

☆ Dogs (and Cats) on a Plane
▼ + stars: | 2023-05-04 | by ( Christine Chung | ) www.nytimes.com time to read: +1 min

Last Friday evening, as drizzle fell on the tarmac, 10 passengers boarded a Gulfstream G4 headed from Teterboro Airport in New Jersey to Farnborough Airport, just southwest of London. They didn’t seem to notice the plush leather seats or the treats nestled in champagne flutes in the armrests. The passenger manifest included nine dogs, mostly on the larger side, and one sphinx cat, as well as 10 humans. All had one thing in common: an aversion to putting their pets in the cargo hold. Pet owners seeking to transport their pets on commercial flights must navigate a patchwork of rules that vary by airline.

☆ Where Goldman Sachs CEO David Solomon takes the corporate jet
▼ + stars: | 2023-04-24 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +15 min

"The Board fully supports the use of the Goldman Sachs planes for travel, just as it supported the use of private aircraft by previous Goldman Sachs executives," said Tony Fratto, a company spokesman. "Executives at Goldman Sachs have been flying on private aircrafts for decades as it is proven to be the most secure, effective, and cost-efficient solution to meet the extensive travel obligations for CEOs of firms like Goldman Sachs — which is why all of our peer institutions also extensively use private aircraft." John Waldron, president of Goldman Sachs Reuters/Brendan McDermidOccasionally, Solomon and Waldron switch planes, particularly when Waldron flies overseas. Goldman Sachs has a sponsorship deal with pro golfer Patrick Cantlay. "These estimates wildly overstate the cost of such flights to Goldman Sachs and are not an accurate representation," he said.

☆ 5 things to know before the stock market opens Monday, January 30
▼ + stars: | 2023-01-30 | by ( Mike Calia | ) www.cnbc.com time to read: +4 min

This week it will run into some big tests, given the earnings schedule dominated by big tech names (more on that below) and the Federal Reserve's next moves. Here's a look at the earnings week ahead: Tuesday: General Motors McDonald's UPS Pfizer Spotify Snap AMDWednesday: Peloton MetaThursday: Apple Alphabet Amazon Ford Starbucks Qualcomm3. Renault aims to cut Nissan stakeRenault and Nissan automobile logos are pictured during the Brussels Motor Show on January 9, 2020 in Brussels. France's Renault and Japan's Nissan have agreed to restructure their agreement, which they struck in 1999. The overall health and size of its business allows it to mix things up and try new things.

☆ Bright lights and snazzy mannequins: Walmart rolls out sleek new store designs
▼ + stars: | 2023-01-28 | by ( Melissa Repko | ) www.cnbc.com time to read: +7 min

In company surveys, he said nearly every shopper said the store's displays and mannequins encouraged them to browse longer. Walmart's new store design includes displays that show off how a customer could decorate a nursery or kitchen. Melissa Repko | CNBCWashington declined to share data about Walmart's store traffic and sales at its Springdale store and other flagships that have opened in recent months. Visits to its Walmart store in Springdale, Ark. Victor Millan, of Ridgefield Park, New Jersey, makes weekly shopping trips to the Walmart in Teterboro for groceries and other items.

☆ Fact Check-Bill Gates did not claim he visited Epstein’s Caribbean island
▼ + stars: | 2023-01-24 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Allegations that Bill Gates visited late American financier Jeffrey Epstein’s Caribbean island, Little Saint James, have been debunked in the past. Reuters reporting about litigation regarding Epstein's island is viewable (here )When asked about Gates having visited the island or admitting he did so, a spokesperson for the Bill and Melinda Gates Foundation told Reuters that neither claim is true. Reuters found no evidence of Gates claiming, “he doesn’t know why he visited” Little Saint James. Reuters found no public record of Bill Gates saying he “doesn’t know why” he visited Epstein’s island multiple times. A spokesperson for the Gates Foundation said he made no such claim and that he did not visit Epstein’s island.

Climate activists across Europe and the United States blocked entrances to airports Thursday to protest emissions from the aviation industry and call for a ban on private jets. Activists with three groups — Extinction Rebellion, Scientist Rebellion and Guardian Rebellion — descended on the airport terminals as part of organized actions in at least 13 countries. In the U.S., activists gathered at King County International Airport in Seattle and blocked entrances to a private jet terminal at Charlotte Douglas International Airport in North Carolina and at Teterboro Airport in New Jersey. The activists targeted private jets because they represent the contributions of the ultrarich — and their lifestyles — to global greenhouse gas emissions. “The planet is on fire and people are still flying private jets.

☆ 'Punked': DeSantis keeps White House, Delaware and media guessing on migrant flight plans
▼ + stars: | 2022-09-21 | by ( Marc Caputo | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Lauren-Egan-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +9 min

White House press secretary Karine Jean-Pierre accused DeSantis of not wanting a workable, bipartisan solution on immigration. “Obviously,” DeSantis said, “it’s sad that Martha’s Vineyard people deported them the next day. Ray Ewing / Vineyard Gazette via APThe migrants who were flown to Martha’s Vineyard weren’t deported; they were moved to a military base near Cape Cod. “If you say you’re a sanctuary state, then don’t complain. Share in the pain — whether you’re president, God or anyone else.”Marc Caputo reported from Florida and Lauren Egan reported from Delaware.

☆ Here are all the famous people Jeffrey Epstein was connected to
▼ + stars: | 2022-06-28 | by ( Taylor Nicole Rogers | Erin Snodgrass | ) www.businessinsider.com time to read: +2 min

Jeffrey Epstein was known for jet-setting with the likes of billionaires, presidents, and princes. Epstein died by suicide in jail in 2020, as he awaited trial on charges of sex trafficking minors. "I invest in people — be it politics or science," Epstein was known to say, New York Magazine reported. Epstein, 66, died by suicide in a Manhattan jail on August 10, 2020, as he awaited trial on charges of sex trafficking of minors. Here's what we know about the famous people who crossed paths with Epstein.

Persons: Jeffrey Epstein, Leon Black, Les Wexner, Prince Andrew, Epstein, —, Jeffrey Epstein's Organizations: Service, Brands, US, Islands, Wall Street, The New York Times, Hollywood, , New York Magazine, Jersey's Teterboro Locations: Florida, US Virgin Islands, ,, Manhattan, Jersey's, New York City

☆ I ate the same meal at Texas Roadhouse, Outback Steakhouse, and LongHorn Steakhouse. Here's how they compared.
▼ + stars: | 2019-08-01 | by ( Irene Jiang | ) www.businessinsider.com time to read: +2 min

Texas Roadhouse, Outback Steakhouse, and LongHorn Steakhouse are restaurant chains in America. Texas Roadhouse, Outback Steakhouse, restaurant chains in America. I went to the Outback Steakhouse in Manhattan, the LongHorn Steakhouse in Queens, and the Texas Roadhouse in Teterboro, New Jersey, to see how the dining experiences compared. Outback Steakhouse, LongHorn Steakhouse, and Texas Roadhouse are the three biggest steakhouse chains in America, according to a 2019 Nation's Restaurant News report. I went to three New York City-area locations — the Outback Steakhouse in Manhattan, the LongHorn Steakhouse in Queens, and the Texas Roadhouse in Teterboro, New Jersey — to see how the dining experiences compared.

Persons: margarita, — Organizations: Texas, LongHorn, America . Texas, Texas Roadhouse, Service, New Locations: America ., America, Manhattan, Queens, Teterboro , New Jersey, That's, New York City

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