by - March 15, 2023 12:53 pm
The once-thought-dead mall and brick-and-mortar retailers may see a rebound in traffic this year, but retail insiders say the gap between the winners and losers will also likely widen. Carol…
by - March 12, 2023 10:08 am
Major retailers have long used private labels to create unique brands, with the average industry share penetration for such brands at 18.2% at the end of 2022, according to Food…
by - February 26, 2023 10:05 am
Walmart’s sister company Sam’s Club again finds itself battling the big dog with the recent launch of Walmart Business, an e-commerce site geared to serve large- and small-business customers. When…
by - February 18, 2023 9:44 am
Retailers seem to agree that one sector that’s ripe for disruption is healthcare. Multiple companies are making moves to fill the gaps they see by investing in providing health and…
by - February 13, 2023 1:37 pm
A November Deloitte survey found that 70% of consumer food and product manufacturers (CPG) indicated the sector expects this year to be more stressful than in the past five years….
by - February 4, 2023 10:25 am
While inflationary fear and slowing consumer spending are among the top external worries among retailers, the No. 1 internal concern is the ongoing workforce shortage, and the difficulty retailers are…
by - January 26, 2023 4:27 pm
The retail sector was stable in 2022 after 9,300 retail store closures in 2019 before the pandemic and another 1,800 closures reported through mid-2021. But UBS analysts predict store closures…
by - January 21, 2023 10:46 am
Besides being the nation’s largest retailer, Walmart is slowly becoming a technology company. The Bentonville-based retail titan spent big on technology innovations last year in hopes of adding additional revenue…
by - January 14, 2023 9:42 am
Recession concerns loom among retailers, suppliers and consumers as 2022 ended. Top of mind has been the persistent inflation that continues to squeeze household budgets and retailer margins. Bank of…
by - January 7, 2023 11:04 am
Retail suppliers expect many challenges from 2022 to persist well into 2023, with slower growth predictions that could lead to continued price inflation. Suppliers continue to face logistics disruptions despite…
by - December 27, 2022 9:47 am
Julie Barber, Walmart’s executive vice president of general merchandise, said the retailer continues to face an overabundance of inventory in some categories and inflationary pricing pressures. She said the company…
by - December 17, 2022 8:34 am
Online grocery sales during the COVID-19 pandemic in 2020 and 2021 showed four to five years of growth in 18 to 24 months. Global and regional retailers added online capacity…
by - December 10, 2022 10:04 am
According to the National Retail Federation (NRF), holiday retail sales are likely to be 6% to 8% higher than last year. Online sales are forecast to rise 10 to 12%….
by - November 30, 2022 1:04 pm
Walmart has recently forged a few non-traditional partnerships to ensure consumers who come to stores will have enhanced experiences and the opportunity to shop brands and unlock savings they might…
by - November 26, 2022 10:11 am
Brothers and business partners Quinn and Austin Simkins of Fayetteville, founders of Natural Way Food Group, have been selling homemade peanut butter products in retail since 2017. But after success…
by - November 21, 2022 1:25 pm
Inflationary pricing and rising interest rates have more consumers considering buying secondhand items. The trend once more prevalent among Gen Z consumers — young adults under age 25 — is…
by - November 12, 2022 9:19 am
Walmart is already a top retailer for women’s lingerie, with roughly one-fifth of U.S. consumers purchasing the Secret Treasures brand of intimate apparel or sleepwear in the year ending Jan….
by - November 5, 2022 10:26 am
Jordan-based Classic Fashion has opened its first U.S. production facility in Santa Ana, Calif., to cut and sew apparel for Walmart. The commitment is part of Walmart’s effort to grow…
by - October 29, 2022 9:43 am
When shoppers reach for canned tuna at Walmart stores, they may not know the retailer has worked to ensure its Great Value tuna carries the Marine Stewardship Council seal for…
by - October 24, 2022 1:20 pm
Radio frequency identification (RFID) technology is not new, but the tracking system has become essential for inventory accuracy among retailers concentrated on selling products in different places, aka omnichannel sales….
