by - January 19, 2018 11:32 am
Amazon raising prices on monthly Prime membership
Netflix did it and cable companies do it all the time. Now Amazon is reportedly raising the cost of it monthly Prime membership from $10.99 to $12.99, which is an…
Retail
by - January 18, 2018 4:17 pm
Wal-Mart Stores notes top-selling online items by state in 2017
It was marine antifreeze in Alaska, and protein powder in California. Flannel shirts were tops in Wyoming and Green Bay Packer bath mats in Wisconsin. In Alabama it was crayons,…
by - January 17, 2018 11:43 am
Judith McKenna to lead Walmart International, Cheesewright to retire
There is a changing of the guard at Wal-Mart Stores’ International division as the retailer confirmed early Wednesday (Jan. 17) that David Cheesewright notified the company of his plan to…
by - January 16, 2018 11:52 am
E-commerce pushes transportation industry toward same-day delivery, unheard of 10 years ago
E-commerce sales have nearly doubled in the past five years to $450 billion, accounting for 8.4% of all retail sales, and the rise has significantly impacted the supply chain as…
by - January 16, 2018 10:26 am
Sam’s Club CEO John Furner elected to National Retail Federation board
John Turner, CEO of Sam’s Club, has been named to the board of the National Retail Federation, the flagship trade group for the retail industry. Christopher Baldwin, CEO of Sam’s…
by - January 12, 2018 6:42 pm
Another round of Wal-Mart corporate, store layoffs expected
Wal-Mart Stores is again scaling back its corporate workforce as the retailer reportedly will eliminate its jewelry business and decrease the number of co-managers per store, and reduce areas such…
by - January 11, 2018 5:30 pm
63 Sam’s Clubs slated for closure; workers and customers receive little notice
It was the classic “good news, bad news” day at Wal-Mart Stores. On the same day (Jan. 11) the world’s largest retailer announced hourly wage increases for U.S. employees, Sam’s…
by - January 11, 2018 3:12 pm
Bentonville merchandising company Premier Concepts acquired by competitor
Bentonville-based company Premier Concepts has been acquired by a competitor, Missouri-based Premium Retail Services. Both companies provide in-store service and support to Wal-Mart Stores and its suppliers. Premier has exclusively…
by - January 11, 2018 1:35 pm
Wal-Mart tags $700 million of tax benefits to boost employee pay, cash bonuses
Wal-Mart stores joins a growing list of companies from AT&T to Home Depot applying some of its tax benefits from the new tax reform bill signed by President Donald Trump…
by - January 10, 2018 3:30 pm
Market watchers believe Wal-Mart share price has room to run higher
The past year has been a profitable one for Wal-Mart investors. Shares were trading around $68 in early January 2017, and accelerated in mid-November to the $100 per share threshold….
by - January 9, 2018 4:04 pm
The Supply Side: Holiday divides retail winners from losers
The 2017 holiday season was believed to be the strongest for retailers since 2011 with increased spending from consumers. That said, there continues to be a wide split between the…
by - January 9, 2018 2:35 pm
Wal-Mart, Cal-Maine sued for deceptive organic egg label
Wal-Mart and its major egg supplier Cal-Maine Foods were sued Monday (Jan. 8) in the U.S. District Court of Northern California by a shopper claiming unlawful and fraudulent business practices…
by - January 8, 2018 4:42 pm
Wal-Mart, Cheerios, Ellen DeGeneres team up for ‘Moments of Good’ campaign
Comedian and television host Ellen DeGeneres and General Mills-owned Cheerios have teamed up retail giant Wal-Mart Stores to extend a marketing campaign that celebrates paying it forward with good deeds…
by - January 2, 2018 4:00 pm
The Supply Side: Challenges remain for CPG suppliers into 2018
2017 has been a challenging, confusing and dynamic year in retail, according to Nielsen’s consumer insights expert Jordan Rost. He said fast-moving consumer goods are seeing slow growth in sales…
by - January 1, 2018 12:38 pm
Collective Bias president and CEO Bill Sussman resigns, assumes leadership post at Supplier Community
Bill Sussman, president and CEO of global shopper marketing agency Collective Bias in Rogers since June 2013, has resigned. His final day was Dec. 31. Sussman, 47, has been hired…
by - December 28, 2017 4:30 pm
The Supply Side: Wal-Mart asked more from suppliers in 2017, the same shaping up for 2018
When Wal-Mart Stores kicked off its annual Year Beginning Meeting in February, president and CEO Doug McMillon told suppliers: We want the absolute lowest prices in order to deliver on…
by - December 20, 2017 2:13 pm
Sam’s Club gains city approval for 140,000-square-foot layout center in Bentonville
Sam’s Club, the warehouse club division owned by Wal-Mart Stores Inc., is planning to build a new layout center in Bentonville, just a few steps from its headquarters on Simple…
by - December 19, 2017 12:07 pm
Holiday spending trending higher than expected
Consumers are spending more this holiday season than they have in years, according to the 2017 Mastercard SpendingPulse report. MasterCard expects U.S. spending to be 5% more than the 2016…
by - December 18, 2017 5:29 pm
Sam’s Club CEO aims to grow sales ahead of retailer’s 35th birthday
John Furner took over as Sam’s Club CEO on Feb. 1 this year, and brought with him two decades of retail operations experience from working his way up through the…
by - December 17, 2017 5:57 pm
Dillard’s CEO says family’s retail chain is a survivor
Department store retail is a business in transition and barely a month goes by without news of store closures leaving shopping malls with empty space. This year through Nov. 17,…