Cheddar Morning Business Update 10/11: Walmart plans 40% increase in web sales over fiscal year

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  • Walmart plans to increase its online sales by 40 percent over the fiscal year. The retailer held its annual Investor Day and says it's creating a new website and plans to increase online sales in just the next two years. Walmart is also doubling the number of grocery pick up locations in the US.
  • The Wall Street Journal reports Time will cut the circulation on some of its most popular titles, including Time magazine. It will also publish some other magazines less often like Sports Illustrated, Entertainment Weekly and Fortune. 
  • McDonald's 1998 Szechuan Sauce could be making a more permanent comeback. The chain quickly ran out of supplies when it brought back the sauce for a one day promotion. Many fans of the Sauce and the show Rick and Morty, whose main character loves it,  took to social media to express their disappointment. McDonald's promised to "make things right" with a larger rollout this winter.
  • BusinessMore>>

  • As aid checks go out, farmers worry bailout won't be enough

    As aid checks go out, farmers worry bailout won't be enough

    Sunday, September 23 2018 8:31 AM EDT2018-09-23 12:31:14 GMT
    Monday, September 24 2018 11:45 AM EDT2018-09-24 15:45:24 GMT
    (AP Photo/Michael Conroy). Jack Maloney poses in front of the grain bins on his Little Ireland Farms in Brownsburg, Ind., Wednesday, Sept. 12, 2018. Maloney, who farms about 2,000 acres in Hendricks Count, said the aid for farmers is "a nice gesture" b...(AP Photo/Michael Conroy). Jack Maloney poses in front of the grain bins on his Little Ireland Farms in Brownsburg, Ind., Wednesday, Sept. 12, 2018. Maloney, who farms about 2,000 acres in Hendricks Count, said the aid for farmers is "a nice gesture" b...
    US farmers will soon begin getting government checks as part of a billion-dollar bailout to help those experiencing financial strain from President Donald Trump's trade disputes with China, but even those poised...
    US farmers will soon begin getting government checks as part of a billion-dollar bailout to help those experiencing financial strain from President Donald Trump's trade disputes with China, but even those poised for big payouts worry it won't be enough.
  • Germany looking to sell costly, rarely used drone to Canada

    Germany looking to sell costly, rarely used drone to Canada

    Monday, September 24 2018 10:41 AM EDT2018-09-24 14:41:55 GMT
    Monday, September 24 2018 11:44 AM EDT2018-09-24 15:44:36 GMT
    (Armin Weigel/dpa via AP, file). FILE-- In this Thursday, July 21, 2011 photo a recce drone 'Euro Hawk' is moved at the air base in Manching, Germany. Germany wants to sell a second-hand drone that’s cost the country over 700 million euros ($823 millio...(Armin Weigel/dpa via AP, file). FILE-- In this Thursday, July 21, 2011 photo a recce drone 'Euro Hawk' is moved at the air base in Manching, Germany. Germany wants to sell a second-hand drone that’s cost the country over 700 million euros ($823 millio...
    Germany wants to sell Canada a secondhand drone that's cost over 700 million euros ($823 million) _ without many core components it needs to fly.
    Germany wants to sell Canada a secondhand drone that's cost over 700 million euros ($823 million) _ without many core components it needs to fly.
  • Colorado meatpacker recalls ground beef after E. coli death

    Colorado meatpacker recalls ground beef after E. coli death

    Thursday, September 20 2018 12:08 PM EDT2018-09-20 16:08:28 GMT
    Monday, September 24 2018 11:44 AM EDT2018-09-24 15:44:27 GMT
    A Colorado company has recalled more than 132,000 pounds of ground beef after an E. coli outbreak that killed one person and sickened 17.
    A Colorado company has recalled more than 132,000 pounds of ground beef after an E. coli outbreak that killed one person and sickened 17.
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