Retail

by Paul Gatling -

Walmart initiates first stock split since 1999

Bentonville retailer Walmart Inc. (NYSE: WMT) announced details of a three-for-one stock split Tuesday (Jan. 30) as part of its strategy to “maintain accessible share prices” for its employees. The…

by Kim Souza -

CEO turnover increased 55% in 2023

U.S. companies announced 55% more CEO changes in 2023 than in 2022, according to a report by outplacement firm Challenger, Gray & Christmas that included public U.S. businesses as well…

by Kim Souza -

Adobe: Holiday online spending rises 4.9%

Overall holiday spending estimates were somewhat tepid when adjusted for inflation, but the online portion of sales transactions between Nov. 1 and Dec. 31 rose 4.9% year over year, according…