Category: Walmart
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Walmart offers bonus program to about 700,000 hourly US store workers By Reuters
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Written by Siddharth Kavali BENTONVILLE, Arkansas (Reuters) – Walmart Inc will pay bonuses to hourly workers at its U.S. stores, including those at pharmacies and Vision Center stores, the retailer said on Wednesday, in a move that could boost wages for 700,000 front-line employees. Both part-time and full-time associates will…
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Walmart and Target earnings show Americans are struggling with inflation
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Economists have been looking for cracks in U.S. consumer spending for years now amid persistent inflation and rising interest rates, but until recently, Americans have been defying the odds at every turn. Despite persistent recession forecasts and dismal consumer sentiment numbers due to rising costs of living, Americans have managed…