September 16, 2024
Walmart Spotlights Hispanic Culture With ‘Nuevolution’ Product Line
Walmart has introduced its “Nuevolution” line, products that “celebrate visionary creatives shaping culture.” The new initiative was announced Monday (Sept. 16) as Hispanic Heritage Month got underway in the U.S. “The Nuevolution...
September 16, 2024
Home Depot Agrees to $2 Million Settlement in ‘Scanner Violation’...
Home Depot will pay nearly $2 million to settle a civil law enforcement complaint alleging overcharging and false advertising. The $1,977,251 settlement involves a problem often called a “scanner violation”...
September 15, 2024
India’s Antitrust Report: How Did Amazon and Flipkart Violate Competition...
Investigations by the Competition Commission of India (CCI) have revealed that global giants Amazon and Walmart-owned Flipkart violated local antitrust regulations. According to Reuters, the companies engaged in practices such as giving...
September 13, 2024
Walmart Hopes In-Person Advantage Can Shrink Amazon’s Fashion Lead
As Amazon outstrips Walmart in clothing sales, the latter is using its brick-and-mortar expertise in an attempt to close the gap. The big-box retailer announced Friday (Sept. 6) the launch...
September 12, 2024
Amazon Adds Earned Wage Access Offering for Delivery Service Partners
Amazon invested another $2.1 billion in its Delivery Service Partner (DSP) program designed to help small business entrepreneurs build delivery companies. This addition brings the amount the company has invested...
September 12, 2024
Report: Amazon and Flipkart Broke India’s Competition Laws
Amazon and Walmart-owned Flipkart have reportedly been accused of violating India’s antitrust laws. An investigation found that the two eCommerce rivals broke the competition rules by prioritizing select sellers on their websites, Reuters reported Thursday (Sept....
September 12, 2024
Amazon and Flipkart Breached Competition Laws, Indian Regulators Report
An antitrust investigation has determined that U.S. retail giant Amazon and Indian marketplace Flipkart, owned by Walmart, violated local competition laws by favoring certain sellers on their platforms. According to...
September 11, 2024
Parafin Begins Offering Embedded Financing to Walmart Marketplace Sellers
Parafin has begun offering financing to Walmart Marketplace sellers. Through the Walmart Marketplace Capital program, eligible sellers can access financing through Parafin, an embedded finance firm and an approved Walmart Marketplace solution...
September 10, 2024
New Petco CEO Joel Anderson Prioritizes Retail Fundamentals
Pet health and wellness company Petco announced Joel Anderson as its new CEO Tuesday (Sept. 10) during its second-quarter earnings call. Anderson, who previously served as CEO at Five Below...
