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A 20-ounce packet of Sara Lee Classic White Sandwich bread goes for $2.50 at Kroger, compared to $2.24 at Walmart. Nearly two-thirds of Kroger's 2,700 stores are unionized, like a "majority" of Albertsons stores, the United Food and Commercial Workers Union says on its website. Grocery stores such as Kroger, Albertsons, in contrast, are often forced to rely on coupons or buy-one-get-one-free promotions funded by companies like P&G and Conagra in order to compete. Euromonitor data shows that 25.2% of all dollars spent on groceries in the United States last year went to Walmart, while Kroger got 8.1% and Albertsons 4.8%. Walmart shoppers have a median income of $73,000.

☆ India festival spending booms despite inflation worries, global slowdown
▼ + stars: | 2022-10-14 | by ( Manoj Kumar | ) www.reuters.com time to read: +7 min

The sales would include nearly $15.2 billion offline sales, compared to about $8.5 billion in 2019, according to the Confederation of All India Traders (CAIT). read moreBut economists said the sense in India was that inflation has peaked while economic activity was picking up. The bump in consumer demand is expected to support economic growth of around 6.5% in the fiscal year ending March 2023, the highest among the world's major economies. Credit demand increases Credit demand increasesThe retail boom is also a boon for the government - goods and services tax collections, a barometer of consumer demand, rose 26% year-on-year in September, data showed. "After two consecutive downbeat festive seasons, consumer sentiment and spending appear to have rebounded this year... which may boost economic growth in the current quarter, but may not sustain thereafter."

☆ Deputy D.C. mayor resigns after being accused of assault by a personal trainer
▼ + stars: | 2022-10-13 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

A Washington D.C. deputy mayor, who headed City Hall's public safety efforts, resigned on Wednesday after he was accused of assault in Northern Virginia — an allegation which also raised questions about his residency. Christopher Geldart, now the former deputy mayor for public safety and justice, was charged with allegedly assaulting a personal trainer after they argued in a Gold's Gym parking lot in Arlington. Geldart declined comment on the alleged assault or the state of his residency, but said the resignation was necessary. “I no longer wanted to be a distraction to the vitally important work of the public safety agencies of the district government,” he said to NBC Washington. City administrator Kevin Donahue will act as interim deputy mayor.

☆ Walmart's metaverse experiments aim to attract 'younger evangelists' from generations Z and Alpha, experts say. Others warn it may be a lot of effort for limited returns.
▼ + stars: | 2022-10-13 | by ( Ben Tobin | ) www.businessinsider.com time to read: +5 min

Walmart's launch of its virtual-reality experiments with global gaming platform Roblox is a "game-changing moment" for the retailer, according to Justin Lacche, a metaverse consultant. But, more importantly, the experiments will help Walmart connect with the younger consumers it wants to attract. About half — 45% — of Roblox users are under the age of 13. Roblox is not the metaverse, it's more of a gaming environment, but it is a stepping stone to the metaverse." Have you tried Walmart's metaverse experiments or have insights to share on the projects?

Here are Insider's top picks for same-day or next-day funding:Best quick personal loans LightStream Personal LoanUpstart Personal LoanAvant Personal LoanBest Egg Personal LoanRocket Loans personal loansOppLoans Personal LoansLendingPoint Personal Loan Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Same day Editor's rating 4.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star APR 5.24% to 19.99% with AutoPay (Rates as of 10/03/2022. This lender topped Insider's list of best personal loans in 2022, and quick funding is yet another bonus. Other fast personal loans we consideredNot all banks that offer personal loans will fund them quickly. Fast cash personal loan credit requirementsLender Minimum credit score LightStream 660 Upstart 600 Avant 600 Best Egg 640 LendingPoint 580 Rocket Loans 620 OppLoans No minimumThe best quick personal loan for you will largely depend on your credit score.

☆ How Freddie Mac is helping renters use their on-time rent payments to build credit and achieve homeownership
▼ + stars: | 2022-10-12 | by ( Sponsor Post | Created Insider Studios With Freddie Mac | ) www.businessinsider.com time to read: +6 min

In this challenging economic environment, Freddie Mac has implemented two new initiatives that can help strengthen renters' ability to build credit and achieve homeownership using their history of on-time rent payments. Yet, unlike homeowners who make regular mortgage payments, renters generally do not see their on-time rent payments reflected in their credit scores. Worse yet, the most common way rent payments impact credit scores are when missed rental payments go into collection. After enrollment, the renter's on-time rent payments are reported to the credit bureaus each month. Since Freddie Mac began this initiative last year, 86,000 households across more than 900 multifamily properties have enrolled.

☆ Walmart+ could be worth $45 billion as estimated subscriber base grows, Morgan Stanley says
▼ + stars: | 2022-10-11 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Walmart 's subscription business could be worth around $45 billion dollars alone as estimates show a jump in interest, according to Morgan Stanley. Analyst Simeon Gutman said the strength of Walmart+ may not be fully reflected in the stock's current trading value. The firm has a price target of $150 on the big-box retailer, which represents about 16% upside from Monday's close. Gutman said Walmart+ could be worth $45 billion on a stand-alone basis, which would add about $17 to the company's share price if the service wasn't priced in on its current value. Walmart+ is believed to have about 18.6 million subscribers after adding 1.8 million from the last estimate published in early September, according to Morgan Stanley's AlphaWise survey.

☆ Walmart is laying off 1,500 workers, transforming a warehouse as it tries to compete with Amazon's marketplace
▼ + stars: | 2022-10-11 | by ( Ben Tobin | ) www.businessinsider.com time to read: +4 min

Walmart is letting go of nearly 1,500 workers at one of its fulfillment centers in the Atlanta area, with the company repurposing the e-commerce facility to support third-party sellers. A Walmart blog post published on Monday said the company will turn the fulfillment center into "a dedicated facility supporting our growing Walmart Fulfillment Services (WFS) business." The company launched Walmart Fulfillment Services in 2020 to allow third-party-marketplace sellers to ship and store products using the retailer's warehouses. For comparison, Amazon said it has nearly 2 million third-party sellers on its marketplace. Yarbrough said Walmart may convert more fulfillment centers to focus on WFS as the company attracts more third-party sellers to its marketplace.

Walmart Healthcare Research Institute, the largest U.S. retailer's new healthcare research service, will find participants for clinical trials, and Walmart also host MyHealthJourney, a patient portal that helps people find upcoming research trials and track their care. Walmart's expansion into clinical trial recruitment could bring it new streams of revenue from drug companies. Walmart is currently working with Laina Enterprises, a virtual clinical trial management platform, the retailer said in a press release. Rival Walgreens said in June it had launched clinical trial services to increase diversity in test subjects. Walmart opened Walmart Health locations in Dallas, Georgia in 2019 and now has 24 locations including in Arkansas, Florida and Illinois.

☆ NASA's first planetary defense test worked, successfully redirecting an asteroid by crashing the DART spacecraft into it
▼ + stars: | 2022-10-11 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +3 min

NASA confirmed Tuesday that its Double Asteroid Redirection Test (DART) moved an asteroid. The DART spacecraft slammed into a space rock and changed its orbit around a larger rock by 32 minutes. The Double Asteroid Redirection Test (DART) spacecraft slammed into an asteroid called Dimorphos on September 26, pushing it slightly closer to its giant parent asteroid, Didymos. As far as NASA knows, no such space rock is currently on a collision course with Earth, at least for the next 100 years. Screenshots of the footage from DART's camera as the spacecraft approached, then smashed into the rock, on September 26, 2022.

☆ Instacart grew sales, but has lost ground to Costco and Sam's Club's in-house delivery options as more grocers go at e-commerce alone, report finds
▼ + stars: | 2022-10-10 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Instacart's sales grew slower than those of delivery options offered by retailers it works with. Instacart's grocery-delivery sales grew over the past year, but not as fast as sales through in-house options at some of the retailers it works with. E-commerce sales through Walmart's Sam's Club grew by 5.5%. Such sales grew by 80.7% at Costco and by 9.3% at the Texas-based chain HEB. "They have brands that they like, and if they offer that delivery service, they're very likely to go to that brand."

☆ I'm a 28-year-old crypto-startup founder who got paid $10,000 to move to Arkansas. More than 66,000 people applied to relocate here, and only 100 got accepted — here's why it's worth it.
▼ + stars: | 2022-10-10 | by ( Robert Davis | ) www.businessinsider.com time to read: +7 min

Dmitri Love, 28, moved from Dallas to Cave Springs, Arkansas, in 2021. Love, 28, moved from Dallas to Cave Springs, Arkansas, in 2021. Love took advantage of a program that paid remote workers $10,000 to move to the area. From November 2020 to September 2022, more than 66,000 people from all 50 US states and 115 countries applied for the program. Entrepreneurs should find new places to live and provide valuePersonally, there were no drawbacks for me moving back to Arkansas.

☆ Online holiday spending expected to be weak after months of early discounting
▼ + stars: | 2022-10-10 | by ( Jack Stebbins | ) www.cnbc.com time to read: +3 min

And to compete for holiday spending, retailers are offering deals earlier and earlier. Overall, online spending throughout the holiday season is forecast to grow 2.5%, the smallest growth since Adobe started tracking the figure in 2015. Bleak FridayLast year's holiday shopping season got off to an early start as well. The ongoing discounting means spending may be spread out more this holiday season. The early deals could mean people are already stocked up on gifts and decorations by the time the holiday shopping season traditionally kicks off after Thanksgiving.

☆ I'm an Upper West Side personal trainer who charges $140 an hour. I make my own hours and love my flexible schedule — here's what my days are like.
▼ + stars: | 2022-10-05 | by ( Gabriela De Camargo Gonçalves | ) www.businessinsider.com time to read: +5 min

Penny Smart is a personal trainer who owns a gym on the Upper West Side of Manhattan, New York. The current location of Dakota Personal Training and Pilates, which is my third gym, is very near Central Park on the Upper West Side. Number two would be to start at a commercial gym because that's where you could gain experience and get referrals. I'd only been on staff as a trainer for one year at a commercial gym before I became an independent trainer. From that point on I rented space at the training gym that I eventually bought from the owner.

☆ Romance novel model pleads guilty to dragging officer down Capitol steps on Jan. 6
▼ + stars: | 2022-09-28 | by ( Ryan J. Reilly | Ryan J. Reilly Is A Justice Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

Barnhart pleaded guilty on Wednesday to assaulting, resisting, or impeding certain officers using a dangerous weapon before U.S. District Judge Emmet G. Sullivan. “Are you pleading guilty because you are guilty?” Sullivan asked during the virtual hearing. Logan Barnhart at the Capitol on Jan. 6, 2021. Internet sleuths investigating the Jan. 6 Capitol attack identified Barnhart with the help of facial recognition technology. To confirm the match, the sleuths said they were able to find Instagram posts showing Barnhart wearing the same sweatshirt and hat that he wore on Jan. 6.

Food stamps restrict shoppers to nonalcoholic beverages, cold food items, seeds and plants. Expanding payment options for low-income shoppers could help the delivery platforms lure low-income grocery shoppers away from Walmart.com WMT.N and Amazon.com , which also have food stamp payment options. Shipt shoppers will also be able to pay for orders with SNAP EBT in 2023. Target.com customers can make grocery purchases online with SNAP EBT and their deliveries are powered by Shipt. Shipt does not currently offer any WIC or TANF payment options.

☆ I spent hours exploring 2 virtual worlds in Walmart's new shopping metaverse. It provided a relaxing pace, but I decided I'd rather shop the store in person.
▼ + stars: | 2022-09-28 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: 1 min

My final verdict is that the Walmart metaverse is not for me. There's an incredible amount of freedom to explore these virtual worlds at your own pace. Yet that left me ambling aimlessly from one virtual stone pathway to another. I could feel my eyes glazing over as I neared my third hour in the metaverse. Justice Scales and books and wooden gavel - stock photo krisanapong detraphiphat / Getty Images

☆ Telescopes and satellites captured clouds and spider-like plumes of debris after NASA smashed a spacecraft into an asteroid
▼ + stars: | 2022-09-28 | by ( Paola Rosa-Aquino | ) www.businessinsider.com time to read: +5 min

NASA's DART spacecraft successfully crashed into an asteroid on Monday night. The spacecraft took images of its impending doom until the very end, when it rammed into the targeted space rock: Dimorphos. LICIACube image showing the dusty aftermath of the DART impact. ASI/NASAThe tiny Italian satellite captured spider-like plumes of debris emanating from the targeted space rock, below. About three minutes post-crash, LICIACube flew within 35 miles of the asteroid Dimorphos, to survey the collision's aftermath.

☆ Retailers like Walmart and Macy's are dramatically slowing seasonal hiring, a sign that inflation could hammer the holiday shopping season
▼ + stars: | 2022-09-27 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +3 min

Retailers like Walmart and Macy's are reducing the number of seasonal jobs compared with 2021. Perhaps the truest indicator of holiday hiring will be Amazon, which last year opened up 150,000 seasonal jobs. Amazon highlighted a similar over-staffing problem following the holidays, an issue that could set the tone for this year's holiday hiring season. Months of sky-high inflation have taken their toll on consumer spending, leading some retailers to prepare for a lackluster holiday shopping season. Those shifts are expected to bleed into the typically busy holiday shopping season.

☆ See video of the moment NASA's DART spacecraft crashed itself into an asteroid and its livestream cut out
▼ + stars: | 2022-09-27 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +3 min

NASA crashed a space probe into an asteroid on Monday night, practicing to deflect dangerous space rocks. The Double Asteroid Redirection Test (DART) hit the space rock in an effort to change its orbit. Watch the DART spacecraft's final moments in the footage from its camera, below. As NASA planned, DART crashed into the craggy surface and its camera feed died. Astronomers are poised to point their telescopes to Dimorphos as it continues to orbit a much larger asteroid called Didymos.

Show more Regular APR 19.99% - 26.99% Variable Editor's Rating 4.65 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.65 out of 5 Stars Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available. With an annual fee of $650, you'll get benefits such as:To boot, you'll receive Priority Pass Select airport lounge access. It balances excellent benefits, including Gold elite status and 10 airport lounge visits per year, with a modest annual fee. $0 intro annual fee for the first year, then $95 annual fee. Its annual fee is $0 intro for the first year, then $95, so you can experience a lounge or two without committing to a big annual fee.

☆ Walmart enters the metaverse with Roblox experiences aimed at younger shoppers
▼ + stars: | 2022-09-26 | by ( Melissa Repko | ) www.cnbc.com time to read: +5 min

Walmart has two experiences in Roblox. Walmart is entering the metaverse with two experiences premiering Monday on online gaming platform Roblox. Roblox will serve as a testing ground for Walmart as it considers moves in the metaverse and beyond, said William White, Walmart's chief marketing officer. Some of the trademarks indicated interest in making or selling virtual goods and offering users virtual currency, as well as non-fungible tokens or NFTs. In a year-in-review blog post, Roblox called out the success of brand experiences, including top destinations for users who are 17 or older.

☆ NASA spacecraft closes in on asteroid for head-on collision
▼ + stars: | 2022-09-26 | by ( ) www.cnbc.com time to read: +4 min

A NASA spacecraft closed in on an asteroid at blistering speed Monday in an unprecedented dress rehearsal for the day a killer rock menaces Earth. The galactic grand slam was set to occur at a harmless asteroid 7 million miles (9.6 million kilometers) away, with the spacecraft named Dart plowing into the rock at 14,000 mph (22,500 kph). The $325 million mission is the first attempt to shift the position of an asteroid or any other natural object in space. The spacecraft packed a scant 1,260 pounds (570 kilograms), compared with the asteroid's 11 billion pounds (5 billion kilograms). Monday's dramatic action aside, the world must do a better job of identifying the countless space rocks lurking out there, warned the foundation's executive director, Ed Lu, a former astronaut.

☆ Walmart's leading position in grocery provides 'bupkus' in profit. Analysts say the retailer needs to do more to succeed in the high-margin furniture space.
▼ + stars: | 2022-09-26 | by ( Ben Tobin | ) www.businessinsider.com time to read: +5 min

Walmart became the largest food retailer in the US in 2001 with grocery sales raking in $56 billion. Today the retailer mixes sales of high-margin items like electronics and furniture with those same groceries. But times have changed, particularly for the value-conscious customers Walmart caters to. While net-profit margins for furniture items sold in the US can be as high as 50% to 60%, according to analysts, that total usually hovers around 1% to 3% for grocery items. He did not specify how much Walmart earned in revenue or profits from furniture sales in 2021.

☆ NASA crashes DART spacecraft into an asteroid, testing a tactic to bump space rocks away from Earth
▼ + stars: | 2022-09-26 | by ( Paola Rosa-Aquino | Marianne Guenot | ) www.businessinsider.com time to read: +6 min

NASA's 1,376-pound probe traveled about 6.8 million miles before crashing into the asteroid, as part of the Double Asteroid Redirection Test (DART) mission. Scientists will be monitoring the trajectory of the asteroid, Dimorphos, which orbits a larger asteroid, Didymos. As the DART spacecraft flew closer, Dimorphos emerged as a separate point of light that grew larger and brighter. NASABelow, one of the last frames beamed at Earth from DRACO before the DART spacecraft ate it, showing several boulders on the asteroid surface. The DART mission operations team at the Johns Hopkins Applied Physics Laboratory erupted in applause after the probe's successful demise.

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