by - June 13, 2018 3:41 pm
Warren Brown of Virginia and Casey Millspaugh of Fort Smith were among the more than 450 business owners welcomed by Walmart to its Bentonville home office Wednesday (June 13) for…
by - June 12, 2018 7:42 pm
More than 450 hopeful entrepreneurs began streaming into Bentonville on Tuesday (June 12) from 46 states, Puerto Rico and the District of Columbia for Walmart’s “Open Call.” This year, Walmart…
by - June 12, 2018 2:24 pm
Retailers are looking to cash in big as a majority of Americans plan to celebrate Father’s Day this year spending a total of $15.3 billion on dear ole’ dad. The…
by - June 11, 2018 5:56 pm
Jet.com President Simon Belsham has a clear focus for the online retailing business he took over earlier this year. He’s been tasked with integrating customer experiences with grocery and general…
by - June 11, 2018 9:27 am
Last year, roughly 31% of U.S. consumers were likely to purchase groceries online. Overall, U.S. grocery stores rang up $641.04 billion in sales last year, with roughly $14.2 billion originating…
by - June 8, 2018 11:12 am
Walmart executives talk often about “frictionless shopping.” Greg Foran, CEO of Walmart U.S., and Marc Lore, CEO of Walmart U.S. eCommerce, recently told the media the retailer will be more…
by - June 6, 2018 6:23 pm
The highest turnover among jobs in Walmart supercenters are with employees who unload trucks. The retailer hopes the use of an automated unloading conveyor system from Casi not only reduces…
by - June 4, 2018 7:24 pm
“You’re going to make me emotional,” Walmart CEO Doug McMillon said before pausing a few seconds to gather his voice and his thoughts to answer the reporter’s question: What’s your…
by - June 4, 2018 1:53 pm
Walmart announced Monday (June 4) the pending sale of 80% of its business in Brazil to private equity investors Advent International. Walmart expects no ongoing material impact to earnings this…
by - June 3, 2018 6:30 pm
Walmart CEO Doug McMillon and his top management team on Friday were asked repeatedly by equity analysts about the recent $16 billion investment for a 77% majority stake in Indian…
by - May 31, 2018 3:13 pm
David Glass, former president and CEO of Walmart Inc. and now owner of the Kansas City Royals, said the Supercenter is the “best retail format around and still as relevant…
by - May 31, 2018 1:52 pm
Within Walmart’s Store No. 8 incubator in Bentonville, the retailer is testing a white-glove shopping service in New York City dubbed Jetblack and co-founded by Jenny Fleiss who joined Walmart…
by - May 30, 2018 1:22 pm
For the first time in decades Walmart held a no-frill shareholder meeting to conduct the formal business of electing directors and approving shareholder proposals. Appearing much like the annual meetings…
by - May 30, 2018 10:05 am
It took a while for spring to arrive but consumers eager to shake the winter blues have ramped up spending despite the inflationary pressures from rising interest rates. The heavier…
by - May 30, 2018 9:25 am
Walmart is investing in college degrees for its U.S. workforce with a new benefit to any full-time or part-time worker wanting to pursue an associate’s or bachelor’s degree online. Walmart…
by - May 29, 2018 4:19 pm
Walmart recently announced it was dividing its annual business meeting from the traditional employee and shareholder celebration which has been held together for several decades on the first Friday in…
by - May 24, 2018 4:16 pm
Without approximately 6,600 new jobs year-over-year in Northwest Arkansas, the state would have lost ground, according to Mervin Jebaraj, director for the Center for Business & Economic Research at the…
by - May 24, 2018 2:10 pm
Manufacturers and suppliers must have an online strategy because many categories are gravitating toward the e-commerce tipping point. Online sales totaled $453.46 billion in 2017, representing 13% of consumers’ total…
by - May 23, 2018 11:49 am
It’s not just Gucci or Birkenstock targeted by counterfeiters. The International Chamber of Commerce estimates piracy and product knockoffs and theft of trade secrets drain up to $600 billion from…
by - May 21, 2018 2:30 pm
Retail-ready packaging or shelf-ready packaging is the standard at Walmart as the retail giant looks to simplify merchandising displays while also accelerating product sell-through without adding to the labor. Walmart…
