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Major Retailers Sound Inflation Alarm as High Prices Hit Profits

A number of major retailers missed Wall Street expectations this week by wide margins while the vast majority of the nearly 150 U.S. retailers that have reported first-quarter earnings so far explicitly mentioned inflation, as surging prices squeezed bottom lines. ....

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Walmart's Mexico unit evaluating Central America operations

The Mexican branch of US-based retail company Walmart is considering alternative options for its operations in Central America. ....

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Insider Retail: The US' largest restaurant operator bets big on Wendy's and Pizza Hut, as Walmart eyes the launch of a new health startup


Insider Retail: The US largest restaurant operator bets big on Wendy s and Pizza Hut, as Walmart eyes the launch of a new health startup
[email protected] (Danni Santana)
Hello! Welcome to the latest edition of Insider Retail. 
Many predictions were made about the future of retail and restaurants in 2021 such as which brands will look to IPO and what trends prompted by the coronavirus are most likely to remain intact after the pandemic subsides.
And early on, we re seeing some of the biggest players make good on those predictions. This week, we re breaking down Flynn Restaurant Group s $550 million gamble on Wendy s and Pizza Hut stores. Walmart is also secretly launching a new health initiative aimed at helping customers make healthier choices. What s that about? ....

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The scoop on Walmart's latest health venture


The scoop on Walmart s latest health venture
[email protected] (Lydia Ramsey Pflanzer)
Welcome to
Hello,
Walmart is building a new health venture through its incubation arm Store No.8, Business Insider has learned.
The venture, which doesn t have a name yet, will aim to help shoppers make healthier choices based on their own shopping data.
© Paul Bersebach/MediaNews Group/Orange County Register via Getty Images
A CVS pharmacist gives the Pfizer/BioNTech COVID-19 vaccine to a resident at the Emerald Court senior living community in Anaheim, California. Paul Bersebach/MediaNews Group/Orange County Register via Getty Images
Atria Senior Living, a large operator of independent living, assisted living, and other senior living facilities, is requiring more than 10,000 US employees to get the COVID-19 vaccine. ....

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