by - April 11, 2020 10:27 am
As more retail sales move online, Walmart continues to build fewer stores and remodel about 500 a year. But the retailer’s deli departments are receiving facelifts. Three Supercenter stores in…
by - April 8, 2020 3:59 pm
Nielsen reports the consumer packaged goods (CPG) industry saw a 15-fold jump in sales in mid-March as more Americans adhered to COVID-19 stay-at-home orders and travel restrictions. The sales increase…
by - April 4, 2020 10:59 am
Walmart has been ramping up efforts to cash in advertising revenue from its massive supplier base that does business at Walmart.com and in stores. Amazon has used the strategy for…
by - March 28, 2020 1:27 pm
Walmart recently hosted more than 1,700 suppliers for a one-day forum in Rogers, where executives outlined expectations for this year and beyond. Suppliers saw some new faces in crucial leadership…
by - March 26, 2020 12:39 pm
Walmart has announced several new services and made some executive changes in recent weeks to boost e-commerce sales, expand third-party services for increased revenue streams, and try to close the…
by - March 14, 2020 11:58 am
Walmart says it is the trusted low-cost leader in grocery and consumables on a per-basket basis, but that’s not always true. There are several variables that can impact the total…
by - February 29, 2020 9:41 am
The National Retail Federation (NRF) recently teamed with data science leader IBM to study global consumer shopping trends, which the researchers said have fundamentally changed. The biggest change to shopping…
by - February 22, 2020 10:20 am
Editor’s note: Since this story was originally published in the Feb. 17 issue of the Northwest Arkansas Business Journal, Walmart reported fourth-quarter and fiscal 2020 earnings. In the quarter ending…
by - February 15, 2020 11:17 am
Artificial intelligence (AI), otherwise known as machine learning, is slowly reshaping retail from optimizing back-end supply chain operations to in-store execution. It is also impacting marketing, customer service engagement and…
by - February 8, 2020 10:35 am
Direct-to-consumer brand SmileDirectClub is spreading its wings with a recent deal that puts oral care products in 3,800 U.S. Walmart stores. The Nashville, Tenn.-based company approached Walmart about a year…
by - February 5, 2020 1:40 pm
Nielsen Brandbank is partnering with Springdale-based WhyteSpyder’s SKU Ninja service to provide retailers and brands more insights and richer content creation aimed at increasing online sales. The partners announced the…
by - February 3, 2020 12:59 pm
One of the most surprising retail trends of 2019 included more digitally native brands seeking brick-and-mortar exposure, according to Scott Benedict, director at the Center for Retail Studies at Texas…
by - January 26, 2020 5:24 pm
Industry analysts expect several changes for the consumer packaged goods industry in 2020. Top predictions include increased demand for pet products, further integration of the in-store and online shopping experiences…
by - January 23, 2020 1:59 pm
Merchants, also known as buyers, are at the core of Walmart’s retail operation. Sam Walton was a merchant at heart, as are president and CEO Doug McMillon and Walmart U.S….
by - January 19, 2020 11:56 am
With the increase in online purchases and the shorter holiday shopping season in 2019, the United Parcel Service estimates it will ship more than 1 million packages per day back…
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 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 - 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 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…
