Scott Horsley

Walmart itself is a technology leader with one of the world's most efficient supply chains.

Scott Horsley, NPR News, Washington.

Walmart has long been a favorite among bargain hunters, and that includes a growing number of wealthy shoppers who are increasingly concerned about the high cost of groceries and other household staples.

The company raised its sales forecast ahead of its quarterly earnings report later this month.

Walmart shares were up nearly 3% by the close, adding more than $29 billion to the company's market value...

That put the retail giant in the trillion-dollar camp for the first time ever, a rarefied neighborhood more typically associated with big tech companies.

Walmart itself is a technology leader with one of the world's most efficient supply chains.

Scott Horsley, NPR News, Washington.

Pepsi has heard from shoppers fed up with high grocery prices, some of whom are switching to cheaper store brand products.

Pepsi sold fewer bags of Doritos, Cheetos and Lay's potato chips in its most recent quarter.

The company is planning to cut prices by up to 15 percent to regain market share.

Prices of corn chips and guacamole were already falling ahead of this weekend's Super Bowl.

Disney has tapped the head of its theme park division to be its next CEO.

Josh DeMauro will take over for Bob Iger at the company's annual meeting next month.

Scott Horsley, NPR News, Washington.

Pepsi has heard from shoppers fed up with high grocery prices, some of whom are switching to cheaper store brand products.

Pepsi sold fewer bags of Doritos, Cheetos, and Lay's potato chips in its most recent quarter.

The company is planning to cut prices by up to 15% to regain market share.

Prices of corn chips and guacamole were already falling ahead of this weekend's Super Bowl.

Disney has tapped the head of its theme park division to be its next CEO.