The spirit of discount-hungry shoppers is harder to break than many feared it would be. As inflation eased over the past few months while the Fed kept interest rates high, some economists worried that consumers would buckle under the pressure, especially as the labor market lagged. But today’s retail sales...

Bargain hunters are keeping the economy afloat

TIME

Walmart had another quarter of strong sales with its comparatively low prices proving a powerful draw for millions.

Walmart Boosts Outlook With Bargains Proving a Powerful Lure

New York Post

Walmart reported better-than-expected second-quarter earnings and raised its yearly forecast as inflation-battered shoppers flocked to its low-priced food, clothing and home goods.

Walmart shone thanks to its affordability. Comparable sales, excluding fuel, rose 4.2% in the second quarter since the same period last year, beating expectations. 

Its online sales soared 22% in the US – and customers spent more than usual, with transactions up 3.6% and average spending rising 0.6% since the same period last year.

Walmart’s big box chain Sam’s Club sales grew 5.2%, which fell in line with expectations.



“Everyone feels relief that everything is ok with the consumer because of...

Walmart raises sales outlook on strong demand from inflation-battered shoppers

Walmart (WMT) shares jumped Thursday as the retail giant reported better-than-expected second-quarter fiscal 2025 sales and adjusted earnings per share (EPS), leading the company to lift its outlook for the full year. Walmart posted total revenue up nearly 5% year-over-year to $169.33 billion and adjusted EPS of $0.67, both better...

Walmart Stock Surges as Revenue and Profit Outlook Lifted

Provo, UT

Black Enterprise

Americans expect it to average 2.3% over the next three years. Americans have been feeling the impacts of inflation for some time. Now, they’re getting fed up with the higher prices. Consumers are looking for bargains or simply refusing to buy items they feel are too expensive, which economists say could drive prices back to pre-pandemic levels.

Fed Up With High Prices, Consumers Are Helping To Bring Down Costs Associated With Inflation

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

NewsNinja

"I worked at Walgreens for 4 years. There was never a dress code for customers". A Walgreens shopper says a manager kicked her out of the store for not following the store’s dress code, sparking outrage in a viral TikTok.

I didn’t realize you had a new dress code for customers: Walgreens shopper says she was forced out

Loudoun County, VA

Ashburn, VA

ABC News

A suspect has been identified in a burglary reported at a Trump for President 2024 campaign office in Virginia, authorities said.

Suspect identified in break-in at Trump campaign office: Sheriff's office

BERLIN -- The Berlin Zoo's newest baby pygmy hippo made her public debut on Thursday, a day after her name — Toni, inspired by German soccer star Antonio Rüdiger — was chosen from more than 20,000 suggestions. Toni was born on June 3. She's still not much...

Berlin's newest pygmy hippo makes her debut, with a name inspired by a soccer star

Orlando, FL

A Jordanian citizen living in Florida has been arrested and charged for allegedly carrying out multiple attacks on businesses in Orlando, as well as a solar energy facility, based on their perceived support for Israel, the Justice Department announced Thursday. Hashem Younis Hashem Hnaihen, 43, allegedly made numerous threats to...

Jordanian citizen arrested for allegedly attacking Florida solar energy facility, threatening pro-Israeli businesses: DOJ

Los Angeles County, CA

South Pasadena, CA

A 1986 cold case murder of a teen has been solved after a DNA match led investigators to a convicted serial killer on death row.

Cold case murder from 1986 linked to serial killer with 13 other victims

Colorado State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Georgia State

Atlanta, GA

Daily Coffee Press

A 40-year-old man has been sentenced to over 28 years in prison for distributing significant amounts of fentanyl and other controlled substances to dealers in the Middle Georgia region. Authorities revealed that investigators uncovered evidence linking the drugs provided by the defendant, 40-year-old Lagary Williams, also known as "Frog," from Atlanta, to a fatal overdose.

Atlanta Man Sentenced to 28 Years for Supplying Deadly Fentanyl Linked to Fatal Overdose

Axios

Walmart is slashing prices amid broader signs that the inflation crisis is over. Why it matters: The nation's biggest retailer is aiming to extend its competitive advantage by discounting products at a time when consumers are looking for deals. Between the lines: Walmart said today that it has cut prices...

Walmart cutting prices as inflation slows

Walmart topped estimates on the top and bottom lines. The company raised its guidance, saying it hasn't seen any weakness in the consumer. The business continues to see growth in all categories. The retail giant delivered another impressive earnings report. Shares of Walmart (WMT 6.58%) were jumping today after the...

Why Walmart Stock Was Surging Today

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

J. Souza

According to cruise industry reports, the world's largest cruise ship is sailing well above 100% capacity, thanks to more beds being filled on recent sailings. Royal Caribbean’s newest flagship, the Icon of the Seas, is proving to be an unprecedented success, with occupancy rates far exceeding expectations.

The Largest Cruise Ship in the World is Sailing at 132% Capacity: How This is Even Possible

Herbie J Pilato

It's been 33 years since the handsome actor and Emmy award-winning TV game show host Bert Convy died of a brain tumor at 57 in 1991. This is his story. Bert Convy was born July 23, 1933, in St. Louis, Missouri. His father was in the shoe business, while his parents separated when he was just seven years old. His mother moved the family to California in the San Fernando Valley, where Convy attended North Hollywood High and was named the "class clown."

In Memory of Actor/Game Show Host Bert Convy: 33 Years After His Tragic Death From Brain Cancer

South Carolina State

Colleton County, SC

Explore Beaufort SC

Some beachgoers were in for a surprise this week when a bizarre looking prehistoric fish washed ashore in Colleton County along Edisto Beach at Edisto Beach State Park. It turned out to be an atlantic sturgeon.

Rare Atlantic sturgeon washes ashore on South Carolina beach

Mississippi State

Eddie Templeton said he had only been out in the rural creek for about 30 minutes the morning of Aug. 3 when he found the tusk while searching the bank for fossils.

7-foot-long mammoth tusk found in Mississippi creek in rare discovery

Jacksonville, FL

Jacksonville Today

A former Jacksonville police officer pleaded guilty Tuesday to enticement of a minor to engage in unlawful sexual activity, according to the U.S. Attorney’s Office. Josue Garriga III, 34, faces a mandatory penalty of 10 years to life in federal prison and must register as a sex offender. A sentencing date has not been set.

Former cop pleads guilty to enticing 17-year-old girl

Cortisol, known as the body's "stress hormone," is having a moment in the spotlight thanks to social media users who have dubbed facial swelling as so-called "cortisol face." The symptoms of facial swelling and puffiness have been given the name "cortisol face" on social media because stress can stimulate the release of cortisol, a naturally-occurring hormone made by the adrenal glands.

What to know about 'cortisol face' and whether stress can induce facial swelling

NewsBreak

Walmart grows more optimistic about 2024 as bargains prove a powerful lure for the inflation weary

NEW YORK -- Walmart had another quarter of strong sales that topped almost all expectations with its comparatively low prices proving a powerful draw for millions...

Walmart grows more optimistic about 2024 as bargains prove a powerful lure for the inflation weary

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