by - September 21, 2020 5:07 pm
While the deal for Oracle and Walmart to take a combined 20% stake in a U.S. based TikTok Global has not yet been approved, analysts are saying Walmart could be…
by - September 19, 2020 10:08 pm
Walmart said Saturday (Sept. 19) it continues to work on the final agreements to purchase a 7.5% stake in video-sharing platform TikTok Global as well as enter into commercial agreements…
by - September 19, 2020 9:48 am
Stepping up in times of need is nothing new for Walmart alcohol supplier Sazerac, which for more than 150 years has worked to raise American spirits. CEO Mark Brown said…
by - September 16, 2020 2:54 pm
The Christmas creep of the past few years will move even earlier in 2020 as retailers work to pull sales forward amid a sluggish supply chain and ongoing consumer fears…
by - September 15, 2020 4:27 pm
The U.S. restaurant sector continues to struggle and more permanent or long-term closures are expected, according to a recent survey conducted by the National Restaurant Association. The trade group said…
by - September 15, 2020 11:29 am
Marc Lore, CEO of Walmart U.S. eCommerce, entered into a new stock trading plan to sell 710,000 Walmart shares between December and April 2022. The plan is designed to comply…
by - September 14, 2020 3:18 pm
This year beef markets continue to experience shock waves from the dramatic beef production disruptions in the second quarter which are reflected in export data through July, according to Derrell…
by - September 14, 2020 11:28 am
Walmart said late Sunday (Sept. 13) in a filing with the U.S. Securities & Exchange Commission the retail and technology giant remains interested in TikTok, although a partnership offer with…
by - September 12, 2020 8:59 am
Walmart is not known for its apparel business. Despite the ups and downs in the discretionary category, the retail giant is committed to growing sales, according to Deanah Baker, senior…
by - September 10, 2020 11:34 am
Unlike Texas-based Stages Stores and Pier One, two iconic department store chains based in the Dallas area of North Texas will survive their recent bankruptcy filings. JC Penney said late…
by - September 9, 2020 12:27 pm
Walmart has launched a pilot program with Flytrex using drones to deliver groceries and household essentials in Fayetteville, N.C., according to a blog posted Wednesday (Sept. 9) by Tom Ward,…
by - September 9, 2020 11:52 am
Retail giant Walmart has unveiled a new digital scheduler so customers can book a flu vaccine appointment at any of Walmart’s 4,700 pharmacies. Walmart said its stores are following COVID-19…
by - September 8, 2020 4:43 pm
Walmart has narrowed the field of prospective suppliers down to 850 participants for this year’s virtually conducted Open Call slated for Oct. 1. The retailer sifted through more than 4,800…
by - September 5, 2020 9:02 am
Food retailers and manufacturers are having a banner sales year, with consumers eating fewer meals away from home. But much of the increased spending from mid-March through July was based…
by - September 4, 2020 2:59 pm
This week Walmart told its more than 100,000 suppliers about its new Supplier Quality Excellence Program (SQEP) which will measure suppliers on four areas as part of an effort to…
by - September 3, 2020 5:38 pm
Donnie King, a Tyson Foods veteran, was named Thursday (Sept. 3) as president of the meat giant’s poultry business, effective immediately. He has spent 35 years in the poultry business…
by - September 3, 2020 4:32 pm
Walmart suppliers have been told that on-time and in-full (OTIF) shipments must be 98% complete effective Sept. 15. Suppliers not meeting the new guidance will be fined 3% of the…
by - September 3, 2020 7:51 am
Tyson Foods announced Thursday (Sept. 3) plans to open seven health clinics with Marathon Health to be located near its meat processing plants. The clinics will give Tyson Foods employees…
by - September 1, 2020 4:20 pm
Just days after Walmart made a deal to sell the Bare Necessities retail business, the retail giant is also divesting Shoes.com, according to several media organizations, and first reported by Bloomberg. Walmart acquired…
by - September 1, 2020 1:17 pm
Walmart said it will on Sept. 15 launch its much-anticipated Walmart+ service, a membership program that includes in-store and online discounts and fuel savings of 5-cents a gallon at Walmart…
