Walmart's paid membership program continued to see double-digit growth in January and ended the month with 28.4 million members, a Morgan Stanley survey found, Seeking Alpha reported Monday (Feb. 2). Walmart+ membership grew about 12% year over year on a three-month rolling basis, up from about 10% in November, according to the report.
Target and Walmart have welcomed new CEOs—Michael Fiddelke and John Furner, respectively—at the massive retail companies. The leaders are stepping into different situations, with Target suffering from slower sales, and Walmart enjoying new customers.
Walmart has a much better competitive moat than Chewy and regularly attracts customers as the leading grocery chain. Chewy has a much higher valuation and hasn't expanded net profit margins beyond the low single digits for several years.
Phoenix, AZ, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Cate & Chloe announced a Valentine's Day gifting spotlight featuring hoop earrings and select jewelry styles currently listed on Walmart.com, including the Cate & Chloe Lauren 18k white gold plated twisted hoop earrings with Swarovski® crystals.
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