NEW YORK (AP) — Wal-Mart Stores Inc. plans to slow its new store openings and pour more money into its online efforts, technology and store remodels, the company said Thursday. The world’s largest retailer also tempered its outlook, saying it anticipates fiscal 2018 earnings per share being about flat with its fiscal 2017 adjusted earnings [...]
NEW YORK (AP) — The deep-fried Twinkie is jumping from the state fair to the home freezer. Hostess Brands, the maker of lunchbox treats like Ho Hos, is launching packaged “Deep Fried Twinkies” starting Friday that mark its first foray into frozen foods. The cream-filled snack in vanilla or chocolate is the result of a [...]
BEIJING — Wal-Mart faces protests by employees in China over what they say is a drastic change in work schedules as the company overhauls its struggling business amid an economic slowdown and competition from e-commerce. Weakening demand for traditional retailers has added to trouble for Wal-Mart Stores Inc., which has had slow and uneven growth [...]