by - June 16, 2020 2:00 pm
The COVID-19 (coronavirus) pandemic has advanced by three to five years the digital space for pickup and home delivery without almost any marketing investment, a Walmart executive said. “This was…
by - June 15, 2020 12:05 pm
Walmart.com and Canadian-based Shopify have joined to expand marketplace offerings on the retail giant’s flagship site. Jeff Clementz, vice president of Walmart Marketplace, said the deal comes as Walmart.com continues…
by - June 13, 2020 10:48 am
Who knew adult bicycles would be one of the hottest selling items as consumers look for ways to entertain themselves amid the COVID-19 pandemic? Arnold Kamler, CEO of New Jersey-based…
by - June 12, 2020 1:22 pm
June marks the fourth consecutive month in which Walmart U.S. eCommerce CEO Marc Lore has sold a sizable number of shares in open market trading. The most recent transaction took…
by - June 10, 2020 12:28 pm
It’s been two years since Walmart launched its $1-per-day college education benefit to employees. The retailer said Wednesday (June 10) it’s expanding the program to include certificates in skilled trades,…
by - June 10, 2020 10:18 am
North Carolina-based apparel marketer HanesBrands Inc. on Wednesday (June 10) named former Walmart executive Steve Bratspies its new CEO. Bratspies will succeed Gerald Evans Jr., who is retiring after 37…
by - June 9, 2020 5:23 pm
Small business owners surveyed in May reported a slight uptick in overall optimism with an index reading at 94.4, an improvement from April’s reading of 90.9, according to the National…
by - June 8, 2020 3:14 pm
Arkansas will be home to nine JC Penney stores after the company closes four locations in the state as part of the Plano, Texas-based retailer’s Chapter 11 bankruptcy. The four…
by - June 6, 2020 5:15 pm
On the day Walmart would have normally held its star-studded shareholder’s celebration CEO Doug McMillon met virtually with employees to announce a $100 million commitment the retail giant and its…
by - June 4, 2020 4:22 pm
According to data from market research firm IRI, consumer behaviors have shifted in the past few weeks amid COVID-19 (coronavirus). Consumers are buying more private brands than usual, making more…
by - June 3, 2020 2:23 pm
Amid the COVID-19 pandemic, Walmart Inc. made history Wednesday (June 3) with its first-ever virtual shareholder’s meeting. It lasted just under one hour, including a question-and-answer segment with company executives. …
by - June 3, 2020 12:39 pm
COVID-19 has prompted Walmart to rethink usage of the new corporate home office design and some divisions will likely continue to work remotely. President and CEO Doug McMillon said Wednesday…
by - June 3, 2020 12:02 pm
Fashion has not ever been a winning category at Walmart, but in recent years the retail giant has moved to expand its apparel lines in stores and online. Last week…
by - June 1, 2020 1:23 pm
Chris Thompson, owner and president of Lowell-based produce distributor KT Produce, had about $500,000 of product in inventory and en route on trucks when schools were closed and restaurant dine-in…
by - May 30, 2020 10:47 am
The financial impact from the COVID-19 (coronavirus) pandemic has hit the retail segment hard as thousands of stores were temporarily closed and millions of employees were furloughed and told to…
by - May 29, 2020 12:19 pm
Bentonville-based America’s Car-Mart announced Friday (May 29) it is relocating its headquarters to Rogers in order to accommodate its growth. The buy here, pay here used car dealer will move…
by - May 28, 2020 6:23 pm
Walmart will hold its annual shareholder business meeting virtually at 10:30 a.m. on June 3 as the company continues to take precautions to safeguard its employees and shareholders amid the…
by - May 28, 2020 12:43 pm
Tuesday Morning, focused on off-price home goods, has filed Chapter 11 bankruptcy with plans to permanently close about 230 of its 687 stores. The retailer cites the prolonged closure of its…
by - May 28, 2020 10:09 am
The National Science Foundation’s Small Business Innovation Research (SBIR) program has awarded Phase I funding to Bentonville startup Stonehenge Technology Labs. The research & commercialization grant is worth $256,000. It…
by - May 27, 2020 5:04 pm
Editor’s note: This is the final of a two-part series about retail industry executives who worked at Walmart. Link here for the first article. Walmart is known as a talent…
