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Walmart is rolling out a combined membership bundle that gives access to both Walmart+ and Sam’s Club Plus for $120 a year, nearly $100 less than buying the two separately. The bundle equals $10 per month but is available only as an annual plan, with no monthly option or free trial. CEO John Furner said the company wanted to launch before the holiday season, when many households look to save money and time, noting that some customers are showing signs of pressure, especially from higher energy costs. The bundle competes with Amazon Prime, which costs $139 annually.
- Walmart US$6.56 billion bond sale include first in Canada
Walmart is poised to raise at least US$6 billion through U.S. and Canadian dollar bonds, diversifying its funding sources amid a spending spree. The company issued $5 billion (US$3.56 billion) in its debut Canadian-dollar notes and priced US$3 billion of U.S. dollar bonds, with demand for the U.S. offering exceeding US$14 billion at its peak. Analysts estimate Walmart's spending could hit a record US$29 billion next year, while about US$3.3 billion of its bonds mature in that period. Bloomberg Intelligence analysts say the retailer aims to capture more household spending as inflation and higher gas prices squeeze budgets.
- Walmart stock moves higher after Deutsche Bank upgrades to Buy , raises price target
Deutsche Bank upgraded Walmart (WMT) to Buy from Neutral, with analyst Krisztina Katai saying the current inflationary environment should reinforce Walmart's value proposition and support accelerated share gains. The September Consumer Price Index rose 3.7% year over year, up from 3.4% in August, while grocery prices rose 1.8% but were roughly flat month over month. Walmart stock rose about 3% in premarket trading. In the second quarter, U.S. same-store sales grew 2.6%, the slowest since Q4 of 2020, while private-label brands' share of sales rose 1.3 percentage points year over year.
- Walmart launches joint membership with Sam's Club as it leans into delivery, gas discounts
Walmart has launched a joint membership combining Walmart+ and Sam's Club Plus for $120 per year, nearly $100 less than buying both annual memberships separately, though no monthly payment option is offered. The package includes free delivery from both chains, a Peacock or Paramount+ subscription, gas savings and 2% Sam's Club cash on eligible purchases. The move aims to win over cash-strapped shoppers facing high gas and food prices, while letting Sam's Club bulk buying complement Walmart's everyday essentials shopping. Walmart said its global membership revenue rose 17% in the fiscal second quarter, and Sam's Club's grew 6%.
- How to spend with purpose this holiday season
Bain & Co projects holiday retail sales in 2026 to approach $1 trillion, with the typical American household expected to spend about $900 on gifts, decorations and food. Mastercard forecasts the strongest holiday retail growth in four years, yet 77% of Americans plan to change their shopping habits due to rising prices, and 35% feel less financially stable than a year ago. Many consumers are still paying off last year's holiday debt, as more than one-third took on holiday credit card debt in 2025, averaging about $1,223 per person according to Capwolf.com. The article advises setting a holiday budget by category, tracking spending, and focusing on low-cost ways to give, such as visiting seniors, writing handwritten letters or supporting a family in need.
- Protests escalate in France: Luxury brands Hermès, Louis Vuitton… ransacked and looted, Apple Store shares the same fate
Hundreds of thousands of people took to the streets across France to protest rising living costs, but some groups used the unrest to ransack shops from Paris to Marseille, Lille and Nice. In Paris, a Céline store on Avenue Montaigne, a skincare shop and a telecom store were broken into, while in Marseille Hermès and Louis Vuitton were among dozens of shops smashed. An Apple Store in central Lille was also broken into. According to France 24, purchasing power has declined since 2024 while fuel prices have surged, and anger has grown over allegations of police violence against high school student protests. Violence has overshadowed the protesters' original demands, as France prepares for the 2027 presidential election.
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Coca-Cola (KO) reports third-quarter earnings on Oct. 27, and its stock is up about 33% so far this year after it raised full-year guidance in July. In the second quarter, revenue rose 7% to $13.4 billion, global unit case volume grew 5%, and adjusted EPS reached $0.97, up 11%. The company used the FIFA World Cup to promote its brands in more than 180 markets, contributing to 5% volume growth for its flagship brand and 8% for Powerade. Its updated outlook calls for 5% organic revenue growth, 9% to 10% adjusted EPS growth (up from 8% to 9%), and $12.4 billion in projected free cash flow. The author argues that its global distribution network and brand portfolio could support further growth.
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Berkshire Hathaway, led by CEO Greg Abel since January, bought an additional $330 million of Bending Spoons (BSP) shares, bringing its stake to 4% after its July IPO purchase. The latest deal was a private placement of 10 million shares at $33 each, while the stock traded at $47 before the announcement and jumped to $53 on Oct. 14. Bending Spoons' second-quarter revenue rose 126% to $311 million, and operating margin improved from 32% to 34%, though growth was driven by acquisitions and the company did not disclose results for individual brands. It reported $4.09 billion in net debt and a 2.4 leverage ratio, which the article contrasts with the cash-generating companies Berkshire usually buys. The article suggests the move shows Abel is willing to look beyond the company's traditional industries.
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