Michelle Suter has worn mostly big and baggy clothing for years. The 63-year-old retiree who lives in a suburb of St. Louis gave away her favorite…
Walmart’s former U.S. CEO Bill Simon thinks Thursday’s stock drop is bizarre.The big-box retailer lifted its full-year sales and earnings forecast, but the stock still slid…
Walmart stock may be a steal.Former Walmart U.S. CEO Bill Simon contends the retailer’s stock sell-off tied to a slowing profit growth forecast and tariff fears is…
A shopper walks past the American sportswear fashion brand Champion store in Hong Kong.Budrul Chukrut | Getty ImagesHanesbrands agreed to sell its global Champion business to…
Higher-income consumers may be creating a frothy situation at Walmart.Even though affluent shoppers helped drive the retailer’s latest beat on quarterly results, former Walmart U.S. CEO…
The draw of bargains may be fading.As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill Simon warns…