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…
by - February 14, 2021 11:12 am
The ongoing COVID-19 pandemic has dramatically reshaped how consumers think and shop. As retailers try to transition from a place of fear to hope with a vaccine rollout, it will…
by - February 7, 2021 10:45 am
Marc Lore has been the face of Walmart.com for nearly five years after the retail giant acquired Jet.com for $3.3 billion in September 2016. Lore stepped away from day-to-day management…
by - January 30, 2021 10:33 am
Many consumer packaged goods (CPG) manufacturers saw a hefty increase in online sales of food during the COVID-19 pandemic that slowed the global economy in 2020 and continues into 2021….
by - January 18, 2021 11:54 am
Retailers have had a tumultuous year because of COVID-19 and a recession that has challenged consumers and supply chains to levels not seen before. National Retail Federation CEO Matthew Shay…
by - January 15, 2021 2:13 pm
In a recent report, real estate data tracker CoStar said 40 major retailers declared bankruptcy in 2020, and more than 11,000 store closures were announced. There were 9,300 store closures…
by - January 4, 2021 1:31 pm
In January, market research firm NPD Group estimated the U.S. market for beauty sales rose $78 million from the prior year. But by March, as consumers began working from home…
by - December 29, 2020 10:45 am
Walmart, Kroger and Walgreens and other top retailers could play a role in administering the COVID-19 vaccine expected to be available in the coming weeks and months. Consumer packaged goods…
by - December 20, 2020 2:21 pm
Walmart is using “pop-up” e-commerce distribution centers (eDCs) to fill online orders to meet higher holiday demand. The pop-up space will be inside 42 of the company’s regional distribution centers…
by - December 16, 2020 3:05 pm
Food giant Kellogg Co. said it is committed to sustainability sourcing raw materials used in its cereal and other products. One project showing results is with 30 Arkansas farmers who…
