In many cases, the pandemic has served to entrench the previously existing winners and losers in the retail sector. Chains such as Macy’s Inc and Kohl’s Corp, already deeply challenged before the public health crisis, look no closer to a turnaround. Walmart Inc and Target Corp, meanwhile, have solidified their dominance with turbocharged sales. Against that backdrop, the latest quarterly ...

A federal judge in California has struck down President Donald Trump’s executive order barring many types of visa entrants into the US. As a reminder, Trump issued this order in June because of the supposed threat foreign workers pose to native-born employment during the Covid-19 pandemic. The decision flatly contradicts a different ruling last month by a different federal district ...

Bloomberg Walmart Inc’s 1999 acquisition of Asda looked set to disrupt the UK supermarket business, with the US retailer using its deep pockets to shake up entrenched players like Tesco Plc and J Sainsbury Plc. The purchase never quite lived up to the hype. Asda struggled to defend its market share against bigger rivals and the German discounters Aldi and ...