WEATHER ALERT
A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarter
Read full article: A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarterTarget has reported sluggish sales and slumping profits in the fiscal third quarter as inflation-weary customers curtailed their spending on apparel and other non-essential items.
Walmart heads into official start of holiday season with strong momentum after robust 3Q results
Read full article: Walmart heads into official start of holiday season with strong momentum after robust 3Q resultsWalmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.
Grocery chains vie for a place on Thanksgiving tables with turkey dinner deals and store brands
Read full article: Grocery chains vie for a place on Thanksgiving tables with turkey dinner deals and store brandsWith Thanksgiving less than two weeks away, food retailers are trying to tempt Americans who haven't recovered from recent price inflation.
Many retailers offer 'returnless refunds.' Just don't expect them to talk much about it
Read full article: Many retailers offer 'returnless refunds.' Just don't expect them to talk much about itIt’s one of the most under-publicized policies of some of the biggest U.S. retailers: sometimes they give customers full refunds and let them keep unwanted items too.
US applications for jobless benefits fall, but continuing claims rise to highest level since 2021
Read full article: US applications for jobless benefits fall, but continuing claims rise to highest level since 2021The number of Americans filing for unemployment benefits fell last week, but the total number of those collecting benefits rose to its highest level in almost three years.
Walmart reaches settlement deal for shareholder lawsuits over its handling of opioids
Read full article: Walmart reaches settlement deal for shareholder lawsuits over its handling of opioidsWalmart says it has reached a proposed settlement pact related to three lawsuits filed by shareholders on behalf of the company over the handling of prescription opioids.
A state's experience with grocery chain mergers spurs a fight to stop Albertsons' deal with Kroger
Read full article: A state's experience with grocery chain mergers spurs a fight to stop Albertsons' deal with KrogerWashington state is in court to try to block a proposed merger between Albertsons and Kroger.
CEOs of Albertsons and Kroger says shoppers would see lower prices after merger
Read full article: CEOs of Albertsons and Kroger says shoppers would see lower prices after mergerThe chief executive officers of Kroger and Albertsons have insisted that merging would allow the two supermarket companies to lower prices and more effectively compete with retail giants like Walmart and Amazon.
Walmart recalls apple juice sold in 25 states due to elevated arsenic levels
Read full article: Walmart recalls apple juice sold in 25 states due to elevated arsenic levelsWalmart has recalled nearly 10,000 cases of apple juice sold in stores across the U.S. The product was found to contain potentially harmful levels of inorganic arsenic.
Stock market today: Wall Street leaps, and S&P 500 rallies 1.6% as US shoppers drive the economy
Read full article: Stock market today: Wall Street leaps, and S&P 500 rallies 1.6% as US shoppers drive the economyWall Street rallied close to its record heights after data showed the U.S. economy is holding up better than expected.
Stores lure back-to-school shoppers with deals and 'buy now, pay later' plans
Read full article: Stores lure back-to-school shoppers with deals and 'buy now, pay later' plansMass market retailers in the U.S. are plying shoppers with offers for computers, clothes and other back-to-school essentials at affordable prices.
Load The Bus school supply drive to take place during Tax-Free weekend in August
Read full article: Load The Bus school supply drive to take place during Tax-Free weekend in AugustRoanoke City Public Schools, Salem City Public Schools, Roanoke County Public Schools and Craig County Public Schools are all partnering with Walmart’s Load The Bus program again during Tax-Free weekend this August.
Walmart retools its young adult clothing line in pursuit of fashion credibility
Read full article: Walmart retools its young adult clothing line in pursuit of fashion credibilityWalmart has spent three years overhauling its mix of adult apparel to make it stylish as well as sensible for middle America.
Amazon teams up with Megan Thee Stallion to promote its 10th Prime Day sales event
Read full article: Amazon teams up with Megan Thee Stallion to promote its 10th Prime Day sales eventAmazon is partnering with hip-hop star Megan Thee Stallion to boost sales for its 10th annual Prime Day discount event.
Retail sales were unchanged in April from March as inflation and interest rates curb spending
Read full article: Retail sales were unchanged in April from March as inflation and interest rates curb spendingAmericans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome.
Walmart lays off hundreds of employees and requires others to relocate
Read full article: Walmart lays off hundreds of employees and requires others to relocateWalmart on Tuesday announced layoffs affecting several hundred jobs at the retail giant's campus offices and said it will be requiring most remote workers and personnel in its Dallas, Atlanta and Toronto offices to relocate to office hubs in Bentonville, Arkansas; Hoboken, New Jersey; and the San Francisco Bay Area.
Wytheville woman charged with attempted capitol murder following hit-and-run of trooper vehicle
Read full article: Wytheville woman charged with attempted capitol murder following hit-and-run of trooper vehicleA Wytheville woman is facing charges after police said she rammed her vehicle into a VSP trooper’s vehicle before speeding away.
Authorities give all-clear after shooting threat at Madison Heights Walmart, secure mode lifted at nearby schools
Read full article: Authorities give all-clear after shooting threat at Madison Heights Walmart, secure mode lifted at nearby schoolsThe Amherst Co. Sheriff’s Office has given an all-clear after a shooting threat against the Madison Heights Walmart, according to Amherst County Public Schools.
Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful
Read full article: Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentifulAmericans increased their spending pace in March at a better-than-expected pace from the previous month, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges.
Outside roles by NBC's Conde, others reveal a journalism ethics issue: being paid to sit on boards
Read full article: Outside roles by NBC's Conde, others reveal a journalism ethics issue: being paid to sit on boardsMost news organizations hold its journalists to strict ethical standards to avoid conflicts of interest either real or perceived.
Some doorbell cameras sold on Amazon and other online sites have major security flaws, report says
Read full article: Some doorbell cameras sold on Amazon and other online sites have major security flaws, report saysConsumer Reports says some doorbell cameras sold by Amazon and other online retailers have security flaws that could allow bad actors to view footage from the devices or control them completely.
Walmart to acquire smart TV maker Vizio for $2.3 billion in bid to boost its advertising business
Read full article: Walmart to acquire smart TV maker Vizio for $2.3 billion in bid to boost its advertising businessWalmart is buying the smart TV maker Vizio for $2.3 billion as it attempts to expand its rapidly growing advertising business to compete with Amazon.
Walmart to build or convert 150-plus stores in next 5 years. It hasn't opened new stores in 3 years
Read full article: Walmart to build or convert 150-plus stores in next 5 years. It hasn't opened new stores in 3 yearsWalmart plans to build or convert more than 150 U.S. stores in the next five years, while continuing to remodel existing stores.
Walmart's latest perk for U.S. store managers? Stock grants
Read full article: Walmart's latest perk for U.S. store managers? Stock grantsWalmart is further sweetening the perks for its U.S. store managers as the nation’s largest retailer and private employer seeks to retain and attract top workers in a still competitive job market.
Walmart experiments with AI to enhance customers' shopping experiences
Read full article: Walmart experiments with AI to enhance customers' shopping experiencesWalmart has unveiled plans to dive further into the world of artificial intelligence — and drones — to improve its customers’ shopping experiences.
Amazon, Target and more will stop selling water beads marketed to kids due to rising safety concerns
Read full article: Amazon, Target and more will stop selling water beads marketed to kids due to rising safety concernsThree major U.S. retailers — Amazon, Target and Walmart — say they’re suspending sales of water-bead products marketed to young children due to growing safety concerns.
X says Walmart pulled ads in October, weeks before Media Matters hate speech report and Musk rant
Read full article: X says Walmart pulled ads in October, weeks before Media Matters hate speech report and Musk rantWalmart is the latest company to publicly join the growing flock of major advertisers to pull spending from X, Elon Musk’s beleaguered social media company, amid concerns about hate speech — as well as reaching a sizeable audience on the platform.
Retailers are ready to kick off Black Friday just as shoppers pull back on spending
Read full article: Retailers are ready to kick off Black Friday just as shoppers pull back on spendingRetailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements.
Gov. Youngkin orders flags to be flown at half-staff on Nov. 22
Read full article: Gov. Youngkin orders flags to be flown at half-staff on Nov. 22Virginia Governor Glenn Youngkin has ordered flags to be flown at half-staff on Wednesday, Nov. 22 in memory and respect of the Chesapeake community after last year’s shooting at Walmart.
Shooting that wounded 4 in Ohio is the second to occur at a Walmart in 24 hours
Read full article: Shooting that wounded 4 in Ohio is the second to occur at a Walmart in 24 hoursPolice say a gunman opened fire inside a Walmart in Ohio and wounded four people before killing himself, the second shooting in 24 hours at a store operated by the retail giant.
Walmart attracts more shoppers seeking to cut spending in Q3, but muted expectations spook investors
Read full article: Walmart attracts more shoppers seeking to cut spending in Q3, but muted expectations spook investorsWalmart extended its streak of strong quarterly gains heading into the holiday season as its low-prices continue to attract shoppers looking for deals in a tough economic environment.
Macy's puts up strong third quarter numbers, raises profit outlook and top end of full-year revenue
Read full article: Macy's puts up strong third quarter numbers, raises profit outlook and top end of full-year revenueMacy’s third-quarter sales declined as consumers remain cautious on their spending, but the results and its adjusted profit both topped Wall Street’s expectations.
Driver who hit 6 migrant workers in North Carolina Walmart parking lot turns himself in to police
Read full article: Driver who hit 6 migrant workers in North Carolina Walmart parking lot turns himself in to policeA North Carolina man who drove his car into a group of migrant workers in a Walmart parking lot has turned himself in to police.
Man sentenced to 20 years in prison in connection with 2021 Lynchburg Walmart shootout
Read full article: Man sentenced to 20 years in prison in connection with 2021 Lynchburg Walmart shootoutA Salem man has been sentenced to 20 years in federal prison for his role in a Walmart shootout during a methamphetamine deal in November of 2021.
One in custody, another suspect wanted for robbery in Henry County, authorities say
Read full article: One in custody, another suspect wanted for robbery in Henry County, authorities sayThe Henry County Sheriff's Office is investigating a robbery that occurred at Woodforest Bank located inside Walmart in Martinsville.
The fine print behind buy now, pay later | Consumer Reports
Read full article: The fine print behind buy now, pay later | Consumer ReportsBuy now, pay later options can be found everywhere these days — available at checkout retailers like Amazon and Walmart, and even at restaurants and grocery stores.
Walmart to pay California $500,000 in settlement over sale of brass knuckles
Read full article: Walmart to pay California $500,000 in settlement over sale of brass knucklesWalmart will pay half a million dollars in civil penalties to the state of California over allegations that it was selling and allowing third-party vendors to sell brass knuckles on its website.
Man charged in counterfeit $63K+ bill spree across 28 different Walmart locations, including Amherst County
Read full article: Man charged in counterfeit $63K+ bill spree across 28 different Walmart locations, including Amherst CountyA man has been arrested after allegedly using counterfeit bills to take more than $63,000 worth of merchandise from 28 different Walmarts along the East Coast, according to the Amherst County Sheriff’s Office.
Tepid outlook from Target after 4th quarterly profit dip
Read full article: Tepid outlook from Target after 4th quarterly profit dipTarget plans to invest as much as $5 billion this year expanding services for customers, including a drive up service for returns, renovations at 175 stores and improvements in online shopping.
Authorities searching for man after Wytheville Walmart bomb threat
Read full article: Authorities searching for man after Wytheville Walmart bomb threatA Charlottesville man is wanted after allegedly threatening to bomb a Walmart in Wytheville on Sunday, Jan. 22, according to the Wytheville Police Department.
Police: Heroic actions kept shooter from doing more harm
Read full article: Police: Heroic actions kept shooter from doing more harmPolice in Indiana say that heroic actions by a Walmart employee and law enforcement officers kept a gunman who shot and injured one female employee from doing more harm.
14-year-old charged after threatening to bomb Martinsville Walmart, authorities say
Read full article: 14-year-old charged after threatening to bomb Martinsville Walmart, authorities sayA 14-year-old has been charged after calling in a bomb threat to a Martinsville Walmart on Tuesday, according to the Henry County Sheriff’s Office.
10 News’ evening crew goes shopping for Salvation Army Angel Tree gifts
Read full article: 10 News’ evening crew goes shopping for Salvation Army Angel Tree gifts10 News is working to help local families by partnering with the Salvation Army Angel Tree program, and the evening crew was stoked to go shopping for three of those children at Walmart.
Att. Gen. Miyares announces more than $10B from agreements with CVS, Walgreens
Read full article: Att. Gen. Miyares announces more than $10B from agreements with CVS, WalgreensNow, the agreement’s terms will go to the states for their review, and each state will have until the end of 2022 to join, officials said.
‘Nothing can replace these beautiful lives’: Walmart CEO responds to deadly Chesapeake shooting
Read full article: ‘Nothing can replace these beautiful lives’: Walmart CEO responds to deadly Chesapeake shootingWalmart CEO, John Furner, has released a company-wide memo, offering messages of healing after a deadly Chesapeake Walmart shooting.
An inflation gauge tracked by the Fed slows to still-high 6%
Read full article: An inflation gauge tracked by the Fed slows to still-high 6%A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October, likely reinforcing the Fed’s intent to keep raising interest rates to cool the economy and slow the acceleration of prices.
Virginia Walmart shooting victim files lawsuit, says she sent complaint about killer’s behavior before attack
Read full article: Virginia Walmart shooting victim files lawsuit, says she sent complaint about killer’s behavior before attackA woman who said she narrowly escaped the horrific shooting at a Walmart in Chesapeake has filed a lawsuit.
US consumer confidence falls in November for 2nd month
Read full article: US consumer confidence falls in November for 2nd monthU.S. consumer confidence fell for the second straight month in November amid ongoing high inflation, rising interest rates, and layoff announcements by several large tech companies.
Roanoke security expert offers tips for public safety after two Virginia shootings
Read full article: Roanoke security expert offers tips for public safety after two Virginia shootingsWith the tragic shootings at a Walmart in Chesapeake and at the University of Virginia, security experts are showing people how to be prepared in an emergency.
Teenage employee among 6 killed in Virginia Walmart shooting
Read full article: Teenage employee among 6 killed in Virginia Walmart shootingAuthorities have announced that 16-year-old Fernando Chavez-Barron was among the six killed at a Walmart in Chesapeake, Virginia, when a manager opened fire in the store with a handgun.
Witness: Walmart shooter seemed to target certain people
Read full article: Witness: Walmart shooter seemed to target certain peopleA witness says that the Walmart supervisor who shot and killed six coworkers in Virginia seemed to target people and shot some victims after they were already hit and appeared to be dead.
Walmart shooter left 'death note,' bought gun day of killing
Read full article: Walmart shooter left 'death note,' bought gun day of killingAuthorities investigating the fatal shootings of six people at a Walmart said that the shooter bought the gun just hours before and left a note on his phone listing grievances against coworkers.
Target's 3Q profit drops 52% as shoppers force price cuts
Read full article: Target's 3Q profit drops 52% as shoppers force price cutsAn unexpected and potentially ominous pullback in customer spending ahead of the holiday shopping season pushed third quarter profits at Target down 52% after it was forced to slash prices for Americans who are feeling the squeeze of inflation.
Walmart offers to pay $3.1 billion to settle opioid lawsuits
Read full article: Walmart offers to pay $3.1 billion to settle opioid lawsuitsWalmart has agreed to pay $3.1 billion to settle lawsuits nationwide over the impact of the prescriptions its pharmacies filled for powerful prescription opioid painkillers.
Looking ahead: Which big retailers will be closed on Thanksgiving in 2022?
Read full article: Looking ahead: Which big retailers will be closed on Thanksgiving in 2022?If you’re planning on doing some last-minute shopping on Thanksgiving Day, you might want to check ahead and ensure your go-to store is open.
Biden nominates 7 for US attorney, judge and marshal slots
Read full article: Biden nominates 7 for US attorney, judge and marshal slotsThe Biden administrating is putting forth seven new Justice Department and judicial nominations covering three U.S. attorney’s offices in Texas and other senior posts.
Amazon's holiday sales event sees lower sales, group says
Read full article: Amazon's holiday sales event sees lower sales, group saysAmazon said Thursday its Prime members ordered more than 100 million items during a sales event this week that analysts are expecting to be a bellwether for the holiday shopping season.
Attorneys say Walmart could face lawsuits after camera found in restroom
Read full article: Attorneys say Walmart could face lawsuits after camera found in restroomRoanoke Attorney Tommy Strelka said Walmart could potentially face charges after a hidden camera was found in a restroom and was not reported to police.
Walmart seeks to dismiss lawsuit by FTC over money transfers
Read full article: Walmart seeks to dismiss lawsuit by FTC over money transfersWalmart filed a motion to dismiss a lawsuit by the Federal Trade Commission that accused the retailer of allowing its money transfer services to be used by scam artists, calling it an “egregious instance of agency overreach.”.