Walmart beat quarterly earnings and revenue estimates. The discounter said it made gains with high-income shoppers, and reported e-commerce growth of 22% for its U.S. business. CFO John David Rainey ...

From Fifth Avenue in Manhattan to Broadway in Los Angeles, the men who market the nation’s goods were preparing for a knee-and-gouge brawl. On one side stood the avid discount sellers, who in the past ...

The city of Los Angeles will provide informational resources to 99 Cents Only workers who are losing their jobs as a result of the discounter’s impending store closures, Mayor Karen Bass announced ...

Walmart is debuting a new grocery brand, as the discounter tries to retain the shoppers it has attracted during a period of high inflation. Limited time: Save 25% on NBC News subscription Get ...

Aldi said it will open more than 180 stores in the U.S. this year, as it continues an aggressive expansion. The German grocer's growth reflects the fiercer competition with traditional players as ...

Walmart has some advantages over Target, but don’t cross off the Minneapolis-based “Tar-jay” just yet. The two discounters couldn’t have posted more disparate third-quarter earnings results, with ...

FOR many U.S. retailers, the greatest worry is not a recession. It is a fear of the discount houses at which shoppers can buy electrical appliances and hundreds of other articles at 20% to 40% off the ...