The Swedish company is investing in affordable luxury and bucking the trend as a number of Western companies such as Nike, ...

Outside its food retail business, Ikea is also looking to expand its home furnishing product range to tap into China's ...

Conservative activist Robby Starbuck was interviewed in March by Nikkei Asia. "Using DEI practices to artificially raise disadvantaged peoples... The post Shareholders of companies worth $13 trillion ...

Walmart heiress Christy Walton promoted a planned nationwide protest against President Trump by placing a full-page advertisement that ran in the New York Times on Sunday. The ad, which the ...

"We can control what we can control," Walmart CEO Doug McMillon said during the company's first-quarter earnings call last month. "Even at the reduced levels, the higher tariffs will result in ...

Why It Matters In May, a month after Trump announced his sweeping tariffs on U.S. trading partners, Walmart CEO Doug McMillon said: "We will do our best to keep our prices as low as possible, but ...

What is going to get more expensive at Walmart? On a May 15 quarterly earnings call with investors, Walmart President Douglas McMillon reiterated that the company is hoping to keep prices as low ...

Trump too acknowledged that some toys might get more expensive, saying in an interview with ABC in early May that "maybe the children will have two dolls instead of 30 dolls," and that "maybe the ...

Trump had blasted the company for hiking prices over his tariffs and urged it to “eat” the costs. Read more at straitstimes.com. Read more at straitstimes.com.

In April, Walmart CEO Doug McMillon was among the retail executives who met with Trump at the White House to discuss tariffs.

Walmart warned on Thursday that everything from bananas to children’s car seats could increase in price. REUTERS So far, those tariffs have darkened the mood of an otherwise resilient U.S. economy.