Michael Corkery
Posts
FTC Sues Walmart, Saying Its Money Transfer Business Enabled Fraud
From 2013 to 2018, as much as $197 million in payments that were the subject of fraud complaints were sent or received at Walmart, according...
Retail Workers Increasingly Fear for Their Safety
Assaults at stores have been increasing at a faster pace than the national average. Some workers are tired of fearing for their safety.
Walmart Earnings: Profits Dragged Down by Higher Costs for Food and Fuel
The drop meant that for the first time in years, Walmart did not meet Wall Street’s profit expectations, an ominous signal for other companies navigating...
Stocks Return to Earth, With the S&P 500 Nearing a Bear Market
The market has been producing double-digit returns for investors, even at moments of great national strife. But the party has ended and it may be...
How a Dollar General Employee Went Viral on TikTok
Mary Gundel loved managing a store in Tampa, Fla. But when she detailed its challenges on social media, the company — and fellow employees —...
From an Alabama Coal Mine Strike to an Amazon Warehouse
The strike at an Alabama coal mine is one of the longest in U.S. history. To make ends meet, some striking miners have picked up...
Walmart Posts Higher Profit as Consumers Continue to Spend
The retailer said total revenue rose to $152.9 billion up 0.5 percent from a year earlier, despite rapid inflation.
Walmart Beats Expectations Amid Supply Chain Woes
The strong earnings were driven by growth in the company’s grocery and e-commerce business and its strategy of keeping prices low as inflation rises.
‘Everything Going the Wrong Way’: Dollar Stores Hit a Pandemic Downturn
Their business model is being tested by worker burnout, pressure to raise wages, supply chain problems and growing local opposition.
Tyson Foods offers workers more paid time off — if they get vaccinated.
Tyson will also compensate workers for “educational sessions about the benefits and risks of the Covid vaccines.”