by - June 27, 2020 10:12 am
When 2020 goes into the history books, retail analysts say it will be a year like no other. The year began with a robust forecast by the National Retail Federation…
by - June 18, 2020 2:03 pm
Two of three consumers who shop online said they would stop buying from retailers if their accounts were compromised and more than half (54%) would delete their accounts. The results…
by - June 13, 2020 10:48 am
Who knew adult bicycles would be one of the hottest selling items as consumers look for ways to entertain themselves amid the COVID-19 pandemic? Arnold Kamler, CEO of New Jersey-based…
by - June 4, 2020 4:22 pm
According to data from market research firm IRI, consumer behaviors have shifted in the past few weeks amid COVID-19 (coronavirus). Consumers are buying more private brands than usual, making more…
by - May 30, 2020 10:47 am
The financial impact from the COVID-19 (coronavirus) pandemic has hit the retail segment hard as thousands of stores were temporarily closed and millions of employees were furloughed and told to…
by - May 17, 2020 10:46 am
Manufacturers of cereal, snacks and packaged foods have been playing catch-up the past six to eight weeks as consumers have hunkered down at home amid concerns of COVID-19 that closed…
by - May 14, 2020 10:30 am
Retailers and malls across the country, outside of grocery and restaurant takeout, have mostly been closed since March as COVID-19 spread. The National Retail Federation (NRF) and Retail Industry Leaders…
by - May 2, 2020 9:50 am
Alcoholic beverage sales shot up in March as stay-at-home orders were issued, and many bars and restaurants had to close for dine-in service to enforce social distancing measures. That sent…
by - April 19, 2020 5:11 pm
The COVID-19 (coronavirus) pandemic has redefined retail for American consumers who are largely hunkered down at home and going out only for groceries and consumables. That has meant far more…
by - April 16, 2020 3:28 pm
The supply chains of product manufacturers of consumer packaged goods and the retailers they supply are being challenged in unprecedented ways amid the spread of coronavirus. Long truck lines form…
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…
