One reason Walmart has performed so well is that people tend to visit their local Walmart for their necessities, like groceries and household staples. Last year, groceries represented just under 60% of total sales in U.S. Walmart stores. That's going to buttress Walmart's sales, even during economic downturns.

Walmart made a major announcement on Friday when it updated that John Furner, current president and CEO of Walmart U.S., will succeed Doug McMillon in the to

Butterball said in its 2025 Thanksgiving Outlook that 89 percent of Americans planned to celebrate Thanksgiving this year with a group of nine people. Only 28 percent of consumers expected inflation to change their plans this year, down from 53 percent in 2024, while more than half won’t make any changes at all, Butterball said in the report.

Walmart ( WMT 0.96%) is the most popular stock in the consumer staples sector among billionaire investors, according to research by The Motley Fool. It's the top consumer staples company by market cap, beating out other giants in the category, such as Costco.

Walmart is praising its hourly employees for keeping stores running during this coronavirus pandemic by giving them a cash bonus. Each full-time employee will receive $300 while part-time employees will get an extra $150. Walmart praised its workers for ...