With its stores dark for half the quarter due to the COVID-19 pandemic and a weak e-commerce presence (or none at all for some of its brands), The TJX Cos. posted a much wider first-quarter loss than expected.
Walmart Inc. reported a strong first quarter as consumers beat a path to its online site and stores, which have remained open during the COVID-19 pandemic.
Walmart Inc. is rewarding its employees with a second cash bonus — bringing its total bonus payouts to $935 million — as it continues to keep up with demand amid the COVID-19 crisis.