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Retail giant Walmart opened a case-ready beef further processing plant in Thomasville, Ga., in the company’s ongoing efforts to unlock growth opportunities in a niche market where it has struggled…
by - January 17, 2020 3:54 pm
David Dayne Glass, who served as president and CEO of Walmart from 1988 to 2000, died Jan. 9, according to the Glass family. He was 84. He died of complications…
by - January 17, 2020 1:14 pm
Walmart on Friday (Jan. 17) confirmed a few changes to key leadership positions with its U.S. division. Following the exit of Walmart U.S. CEO Greg Foran, it was expected that…
by - January 16, 2020 3:20 pm
Dan Bartlett, executive vice president of corporate affairs at Walmart, told members of the Northwest Arkansas Council that the retailer’s new corporate headquarters will not be one grand structure, but…
by - January 16, 2020 2:37 pm
By most accounts, the holiday season of 2019 was bright as overall sales grew 4.1% to $730.2 billion, according to the National Retail Federation (NRF). Sales exclude automotive dealers, gasoline…
by - January 16, 2020 10:15 am
The retail sector will continue to face headwinds in 2020. The National Retail Federation (NRF), with the help of its members and researchers from Bain Capital, TrendWatching, Code Commerce and…
by - January 14, 2020 4:52 pm
Consumers are fickle with plenty of distrust in the marketplace. That said, several American companies recently were ranked among the most trusted brands by Morning Consult marketing. The survey evaluated…
by - January 13, 2020 2:18 pm
The annual Retail Preference Index compiled by data science firm dunnhumby and released recently found Texas-based H-E-B as the top choice among grocery retailers ranked on price, quality, digital integration,…
by - January 9, 2020 2:51 pm
Used vehicle sales are expected to increase between 20% and 30% in the last week of February as tax refund season begins, and sales are expected to remain elevated through…
by - January 9, 2020 12:29 pm
Fayetteville-based Field Agent surveyed consumers on Christmas night to see how many planned to return at least one gift they received. About 30% of those surveyed planned to return or…
by - January 8, 2020 11:52 am
Innovation is a must for consumer packaged goods (CPG) companies. They continually face brutal competition from disruptive brands and a massive effort from retailers growing their private branded businesses. Nielsen…
by - January 7, 2020 1:04 pm
Walmart lost its appeal in the Ninth Circuit on Monday (Jan. 6) when appellate court judges affirmed a $54.6 million award to Walmart truck drivers in California. The suit involved…
by - January 6, 2020 5:09 pm
Gift cards remain one of the most popular holiday purchases and yet Americans left $1 billion unspent on gift cards last year, according to the National Retail Federation. A public…
by - January 2, 2020 4:12 pm
The growing convenience-store retail sector reported solid 2019 results with record-levels of optimism to start 2020, according to the National Association of Convenience Stores. Convenience stores sell nearly 80% of…
by - January 1, 2020 12:27 pm
Walmart was a Dow Jones Industrial Average (DJIA) leader this year with shares rising more than 27% in 2019 despite market volatility around trade concerns. Walmart shares (NYSE: WMT) opened…
by - December 30, 2019 11:42 am
Through the first 49 weeks of the year, U.S. retailers have announced more than 9,271 store closures, nearly double the amount recorded in 2018. There is no sign when the…
by - December 28, 2019 10:38 am
One of the fastest-growing retail segments — convenience stores — reports strong business conditions with a positive outlook for 2020, according to the recent CSP Outlook Survey. The trade group…
by - December 27, 2019 2:39 pm
Ashley Buchanan, the chief merchandising officer of Walmart eCommerce U.S., was named Friday (Dec. 27) as president and CEO-designate of The Michaels Companies, the specialty provider of arts, crafts, framing,…
by - December 19, 2019 6:56 pm
Better-for-you and save-the-planet ideology among more consumers continues to reshape the food and beverage industries and 2020 will no different. Consumers are driving innovation in the food manufacturing sector as more…
by - December 19, 2019 1:16 pm
Consumers across the country have largely kept their household finances in sound shape over the past few years. But as more retailers entice large ticket purchases with pay-later plans, economists…
