Walmart Stores Inc
As Inventory Piles Up, Liquidation Warehouses Are Busy
PITTSTON, Pa. — Once upon a time, when parents were scrambling to occupy their children during pandemic lockdowns, bicycles were hard to find. But today, in a giant warehouse in northeastern Pennsylvania, there are shiny new Huffys and Schwinns available at big discounts. The same goes for patio furniture, garden hoses and portable pizza ovens. […]
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Target Will Cut Prices to Clear Out Unwanted Inventory, Taking a Profit Hit
Target plans to cut prices and cancel orders to clear out unwanted inventory, announcing a series of steps on Tuesday to combat inflation and supply chain disruptions. The actions would cut its profit in the current quarter, the company said, pushing its shares down. Target’s share price closed down 2.4 percent. It is the latest […]
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Fresh Strawberries Linked to Hepatitis A Outbreak, F.D.A Says
Public health officials said they were investigating an outbreak of hepatitis A in the United States and Canada that is potentially linked to organic strawberries. American health officials said the outbreak most likely came from fresh organic strawberries branded as FreshKampo and H-E-B that were bought between March 5 and April 25. The strawberries were […]
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Under Pressure to Act, White House Says It’ll Address Formula Shortage
WASHINGTON — The Biden administration said on Thursday that it was working to address a worsening nationwide shortage of infant formula, announcing efforts to speed manufacturing and increase imports as pressure mounted to respond to a crisis that has desperate parents scouring empty store aisles to feed their children. Officials outlined the plan after President […]
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The Real Reason America Doesn’t Have Enough Truck Drivers
Every truck stop is like a shrine seeking to ward off the demons of fatigue. Refrigerated display cabinets are stocked with supercaffeinated energy drinks whose brand names attest to the trading of long-term health for a short-term jolt: Red Bull. Java Monster. Bang. “It’s a deal with the devil,” says Mr. Graves, who sticks with […]
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Target Makes Thanksgiving Closings Permanent
Target stores will close their doors for Thanksgiving Day, the retailer announced Monday, and will continue the policy every year moving forward. The retail giant shut its stores on Thanksgiving Day last year, citing safety considerations during the pandemic. It has also started offering discounts for the holiday shopping season earlier in October instead of […]
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