Walmart systematically overcharged customers and sold underweight products at 280 California stores, according to prosecutors who secured a $5.6 million settlement with the retailer. The agreement with Santa Clara,

The food discounts were part of 7,400 temporary price reductions during the quarter, company executives told investors.

Walmart and Target are two giants of the grocery world, but how do their generic food brands compare in price? Let's take a look at which label is cheaper.

Walmart Inc. showcases strong growth in grocery & digital, but cautious spending & valuation risks raise concerns. Click for my review of WMT Q2 earnings.

Walmart posted rapid sales growth and raised its outlook, reinforcing its strength in retail as shoppers face higher prices, according to The Wall Street Journal. The retail giant said grocery discounts,

The initiative addresses ongoing inflation and high grocery prices, reflecting the retailer’s effort to boost staff retention and satisfaction while staying competitive.

Walmart has laid down a gauntlet for its retail rivals by giving employees a full 10% discount across its grocery products. The chain used to offer that deal for the Christmas season, but has expanded it to make it a full-year employee benefit.

It was 50 years ago, back in 1975, that Walmart created the Associate Discount Card, which gave its employees 10 percent off most general merchandise. The discount is available to all employees who have been with the company for more than 90 days. In addition, employees who work for the company for 20 years keep the discount for life.