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…
by - December 5, 2020 9:58 am
Online retail sales have exploded in 2020 because of COVID-19, which can be a mixed blessing for big retailers and their suppliers. Keith Goldstein, chief operating officer of software firm…
by - December 2, 2020 2:51 pm
The pet category has long been an important one for retail giant Walmart, from the early launch of Ol’ Roy private brand dog food — affectionately named after founder Sam…
by - November 21, 2020 10:27 am
COVID-19 continues to have a transitional impact on retailers and brands and reshape consumer behaviors. Amazon, Walmart and other retailers witnessed a massive acceleration of e-commerce sales and increased spending…
by - November 18, 2020 2:05 pm
When COVID-19 hit the nation more than eight months ago, many thought retailtainment was dead. Many cities prohibited large gatherings, and retail analysts said few would attend big retail events….
by - November 4, 2020 3:17 pm
Retail is in the midst of a transformation. Apex players like Amazon and Walmart are building out eco-systems that will continue to drive consumers to stores and service opportunities in…
by - November 4, 2020 2:32 pm
Food and beverage giant Nestlé has acquired the startup prepared meal delivery service Freshly for $950 million. Nestlé first became interested in Freshly in 2017, leading a $77 million funding…
by - October 30, 2020 10:16 am
The consumer packaged goods retail operations and customer experience have taken some wild turns during the COVID-19 pandemic, prompting retailers to revise store layouts and institute new cleaning protocols. Many…
by - October 24, 2020 9:39 am
This entire year has been a roller coaster ride for retailers, and the holiday season is expected to follow that pattern. National Retail Federation chief economist Jack Kleinhenz said, “forecasting…
by - October 17, 2020 9:38 am
Walmart began testing order delivery via autonomous vehicles in select markets in late 2018, but the retail giant’s focus appears to be drone delivery. Walmart testing now includes grocery delivery…
by - October 15, 2020 8:58 pm
Editor’s note: This story is updated from the original story posted online Wednesday (Oct. 14), which included inaccurate information about Walmart’s relationship with Acosta moving forward. ——- Kevin Mahoney is the…
