Linda Lacina, managing editor of Entrepreneur, breaks down Wal-Mart's shocking decision to raise wages and close 63 Sam's Club locations on the same day.
Lacina says she would've spaced out the announcements, going public with the wage raises first and then waiting to close the Sam's Club locations. Wal-Mart's decision to turn some Sam's Clubs into e-commerce centers is an effort to compete with online retailers, that can deliver almost any item to anyone, anywhere in the country.
Lacina says after years of negative public perception, Wal-Mart had turned its image around. It will now have to rebound from Thursday's developments.
Rich Hill of Principal Asset Management breaks down where real estate capital is flowing, what’s driving returns, and how 2026 could reshape the market.
From surprise celebrity overload to fewer influencers, USA Today's Ralphie Aversa breaks down the biggest Super Bowl 60 ads and why AI quietly stole the show.
Carl Lukach, CFO of Bob’s Discount Furniture, shares insights on the company’s IPO, growth strategy, and what it means for the future of the furniture market.
