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…
by - December 17, 2019 10:32 am
Bentonville-based America’s Car-Mart will expand into Illinois when it buys the dealership assets of Taylor Motor Co. and Auto Credit of Southern Illinois, based in Benton, Ill. The Taylor Motors…
by - December 16, 2019 6:04 pm
With just nine days until Christmas, the holiday shopping push heads into the home stretch as consumers must place those online orders soon or bravely take their chances for bargains…
by - December 13, 2019 12:41 pm
Bonobos founder Andy Dunn will exit Walmart in January, marking an end to the two-year relationship. Dunn, 40, joined Walmart as senior vice president of digital consumer brands in June…
by - December 12, 2019 11:21 am
A recent poll financed by Moonstruck Chocolate found 18% of consumers would be willing to lay down their electronic devices for one month in exchange for a full year’s supply…
by - December 11, 2019 5:46 pm
Walmart and Flipkart on Wednesday (Dec. 11) announced an investment in Ninjacart, a startup focusing on India’s fresh produce market. Walmart said the goal is to ensure better access to…
by - December 10, 2019 11:09 am
Walmart has partnered with robotics startup Nuro to test autonomous grocery delivery in Houston. The service uses R2, Nuro’s custom-built delivery vehicle that carried only products with no onboard driver…
by - December 9, 2019 12:14 pm
Walmart is creating a supplier development program dubbed Walmart Vriddhi in India to train and equip 50,000 Indian small businesses to work to expand domestic supply chain capabilities and participate…
by - December 8, 2019 2:02 pm
Amazon continues to beat its major online competitors in the low-price game, according to a recent pricing study by Boston-based e-commerce analytics firm Profitero. Walmart may claim to be to…
by - December 5, 2019 8:10 pm
By all metrics, the kickoff to holiday 2019 got off to a great start for online retailers. Thanksgiving Day was another big year for online retailers with total e-commerce sales…
by - December 4, 2019 3:03 pm
Walmart President and CEO Doug McMillon said having a strong corporate culture anchored in core values established by founder Sam Walton and a timeless mission to save people time and…
by - December 3, 2019 5:08 pm
Consumers are not letting tariffs or other economic fears put a damper on their holiday spending this year, according to Jack Kleinhenz, chief economist for the National Retail Federation (NRF)….
