Jaewon Kang
Retail Reporter at Bloomberg News
Retail reporter w/ @bloomberg. @wsj, @thedealnewsroom alum
Articles
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2 weeks ago |
news.bloomberglaw.com | Erik Wasson |Jaewon Kang
Lunch meeting comes as Walmart feels effects of Trump tariffsGOP working to expand business tax breaks in Trump billWalmart US CEO John Furner will address a gathering of House Republicans in the Capitol on Wednesday, hours after President Donald Trump announced a trade framework with China has been completed. The meeting with the Republican Study Committee, the largest caucus in the House GOP conference, was confirmed by a person familiar with the gathering.
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3 weeks ago |
southfloridareporter.com | Jaewon Kang
Walmart Inc. said shoppers are still spending about the same as they did a year or two ago, with a focus on food and essentials over discretionary purchases. "It's been very consistent," Chief Financial Officer John David Rainey told reporters in a question-and-answer session at the company's annual shareholders' week in Bentonville, Arkansas. "Wallets are stretched.
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3 weeks ago |
ttnews.com | Jaewon Kang
Business Private Top 100 June 6, 2025 5:16 PM, EDT A Walmart store in Texas. A large grocery business and reputation for low prices have helped the world’s largest retailer boost sales and attract higher-income shoppers. (Shelby Tauber/Bloomberg News) [Stay on top of transportation news: Get TTNews in your inbox.] Walmart Inc.
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3 weeks ago |
bloomberg.com | Jaewon Kang
A customer walks through a Walmart store in Grand Prairie, Texas. (Bloomberg) -- Walmart Inc. said shoppers are still spending about the same as they did a year or two ago, with a focus on food and essentials over discretionary purchases. “It’s been very consistent,” Chief Financial Officer John David Rainey told reporters in a question-and-answer session at the company’s annual shareholders’ week in Bentonville, Arkansas. “Wallets are stretched.
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3 weeks ago |
insurancejournal.com | Jaewon Kang
Walmart Inc. is adding drone delivery in five new cities in a bid to expand online sales and get goods to shoppers faster. The world’s largest retailer will start offering drone service at 100 stores across Charlotte, North Carolina; Tampa, Florida; Atlanta; Houston and Orlando, building on existing operations in northwest Arkansas and Dallas-Fort Worth. Walmart said it’s the first retailer to scale drone delivery in five states.
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Consumers are abbreviating lunch and expanding dinner, Chip Wade, CEO of Union Square Hospitality Group, says at the WSJ Food Forum. Business is growing from 4 p.m. to 7 p.m. and Thursdays are the new Fridays #WSJFOOD
Workforce dynamics are among the main challenges for Union Square Hospitality Group, CEO Chip Wade says at the WSJ Food Forum. Employees have new expectations about restaurant work and wage inflation is continuing #WSJFOOD
Modern millennial pet parents have no budgets on their furry companions, Terri Rockovich, CEO of Jinx, says at the WSJ Food Forum. Millennials make up the biggest group of pet owners in the U.S. #WSJFOOD