by - July 21, 2021 9:02 am
The consumer packaged goods segment lags Walmart and Amazon in the shift to omnichannel transformation. A report from the Food Institute and Data Impact said many market watchers believed an…
by - July 9, 2021 8:46 am
U.S. discretionary spending on general merchandise continues to be healthier than expected. Dollar sales for the week ending June 12 rose 15% over the same period two years ago, continuing…
by - July 5, 2021 9:07 am
Digital grocery shopping exploded in 2020 amid the COVID-19 pandemic, accelerating by an estimated five years, according to the IBM Retail Index. But as vaccines reduce COVID’s spread, retailers and…
by - June 17, 2021 10:46 am
Amazon’s annual Prime Day sales event has had a noticeable impact on the market share of consumer packaged goods (CPG) categories such as baby and beauty. According to a recent…
by - June 12, 2021 8:05 am
Social commerce, or live streaming shopping events on social media platforms, is gaining traction in U.S. retail. Facebook is expanding its “Live Shopping” with a new promotion slated for Fridays…
by - June 5, 2021 9:09 am
Emerging technologies are changing the retail sector at an unprecedented rate. Industry watchers predict the global market for IoT (internet of things) hardware for retail applications will total more than…
by - May 31, 2021 6:18 pm
COVID-19 accelerated the growth of online grocery as retailers achieved three years’ growth in just six months of 2020. Research firm IGD (Institute of Grocery Distribution) reports that with penetration…
by - May 19, 2021 11:15 am
More than a full year into the COVID-19 pandemic, many food and consumer packaged goods (CPG) manufacturers are hinting at raising prices for commodities such as diapers, toilet paper, cereal,…
by - May 15, 2021 8:34 am
Over the past six years, Walmart has continued to challenge online retail titan Amazon for e-commerce market share. And in return, Amazon has invested heavily in groceries to try and…
by - May 8, 2021 8:48 am
Consumers use their voices to get answers from smart speakers more than ever, whether asking Siri for directions with their iPhone or asking Alexa about the temperature in Dallas. According…
by - April 25, 2021 12:16 pm
As Walmart and other retailers focus and spend heavily on omnichannel shopping, other discounters such as Dollar General, Dollar Tree and Ross have announced expansion plans for more stores in…
by - April 17, 2021 9:53 am
The COVID-19 pandemic put enormous pressure on the retail supply chain, and the impact is still being felt at Walmart and other big retailers. That’s according to a report from…
by - April 12, 2021 10:12 am
Research suggests that for all the pain the ongoing pandemic has dealt retailers, the sector has innovated and invested in meeting the challenges head-on. Research by consulting firm McKinsey &…
by - April 4, 2021 12:11 pm
Walmart is not a fashion destination, but high-profile fashion designer Brandon Maxwell hopes to change that as the creative director for the retailer’s exclusive, higher-end Free Assembly and Scoop fashion…
by - March 28, 2021 11:49 am
Private brands are essential in retail and warehouse clubs. Costco’s Kirkland Signature brand is worth about $75 billion, arguably one of the largest private labels in the country in terms…
by - March 25, 2021 11:08 am
Walmart President and CEO Doug McMillon recently revealed a new “flywheel” model to the investment community, saying it’s the old productivity loop with the customer at the center but with…
by - March 10, 2021 10:05 am
This past May, as much of the nation was gripped by growing racial and social justice concerns ignited by the murders of George Floyd and others, Marcus Baskerville felt called…
by - March 6, 2021 8:21 am
As the pandemic continues in early 2021, consumers indicate they are spending the last round of stimulus money on essentials such as paying bills and buying food, according to a…
by - February 28, 2021 2:29 pm
Consumers hunkering down at home during the pandemic spent more on food consumed at home. Many of them also reached for smaller, niche brands as supply chain disruptions meant national…
by - February 17, 2021 2:06 pm
The retail sector is starting to use internet of things (IoT) technology with various applications. Sanjay Radhakrishnan, vice president of global technology at Walmart, recently said the company manages more…
