November 25, 2025

  • Walmart has opened its first-ever branded store in Africa, located at the Clearwater Mall in Roodeport, west of Johannesburg. “Opening this first Walmart store in South Africa is about much more than a business milestone: It is a commitment to helping customers save money and live better by consistently delivering the lowest total cost for the basket of products they need,” said Andrea Albright, EVP and chief growth officer for Walmart International and operating partner, Massmart (via Chain Store Age).
  • Campbell’s Soup Company exec Martin Bally is facing a lawsuit from former employee Robert Garza, who had served as a cybersecurity analyst for the company. Garza alleged that Bally made offensive comments during a November 2024 meeting — comments which disparaged the ingredients used in Campbell’s products, alongside other potentially damaging remarks (via FOX Business).
  • Abercrombie & Fitch saw shares surge by as much as 16% in premarket trading Nov. 25, largely on the strength of a significant Q3 fiscal beat. The brand reported EPS of $2.36 versus Wall Street expectations of $2.16, and revenue of $1.29 billion versus $1.28 projected. The Hollister label, in particular, helped to bolster the overall company’s prospects, with sales trending upward by 16%, to $673.27 million (via CNBC).
  • Alibaba likewise observed a share price improvement in premarket trading Nov. 25, by a more modest 4%, on the back of strong revenue figures which reached almost $35 billion. Alibaba is currently heavily investing in AI capabilities, as well as a play for the “instant retail” market, where purchases are delivered in one hour or less. “We have entered into an investment phase to build long-term strategic value in AI technologies and infrastructure, and a consumption platform integrating daily life services and e-commerce,” said Alibaba Group CEO Eddie Wu (via Reuters).
  • Best Buy upwardly revised its full-year forecast, pointing to customer interest in upgrades and ongoing spend on tech and electronics. The consumer electronics retailer now anticipates revenue of $41.65 billion to $41.95 billion for the full year, versus a range of $41.1 billion to $41.9 billion previously. “We are flexing the unique strength of our model as customers need to upgrade or replace their consumer electronics and new products and innovation are coming to market,” CEO Corie Barry said (via CNBC).