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Survey finds 20% of consumers are shopping for holiday gifts with small and local businesses 'as much as possible,' up from 10% last year; Amazon is most popular online retailer at 67%, followed by Walmart at 36%, Target at 14%, eBay at 13%: Jungle Scout

Walmart CEO says company expected consumers to seek out deals during Black Friday and Cyber Week sales, but spending will likely slow until closer to Christmas; shoppers have become more 'price sensitive' this past year, continue seeking value

Walmart settles class action lawsuit in Florida federal court for US$45M; suit alleged that products sold by Walmart are weighted and priced improperly, company's software is programmed to falsify weights

Walmart breaks ground on 22nd distribution center in Mexico, which will be located in Tlaxcala; move comes as Walmart Mexico becomes the 16th largest economy in Latin America and the Caribbean, exceeding El Salvador's GDP

Walmart is on track to control 26.9% of the grocery e-commerce market by end of 2024, with sales growing 19.5%, per Insider Intelligence data; Amazon's share is set to decline to 18.5% over the coming year, even as sales grow 10%

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