As the nation faces gradual reopenings in all 50 states over the next few weeks, U.S. consumers coming out of the pandemic won’t be quite the same as they were going in. Concerned about their health – and the health of those around them –...
The CEO of Walmart, Doug McMillon, said that he understands how Walmart needs to constantly change to stay around and avoid dying off, according to CNBC. “Walmart is not arrogant,” McMillon said. “We could go away at any minute. I think most of us act...
Walmart is making some organizational adjustments with its executives to help better integrate its retail store and digital operations, according to a report by CNBC. The information was gleaned from a letter that CEO Doug McMillon wrote to the company’s employees, which was obtained by...
Part of the trick in retail is knowing when to pass the torch, so to speak – in other words, focusing more effort on reaching younger consumers and meeting their desires. Target stands as one of the latest examples. To reach consumers on the hunt for...
February 21, 2018
After three consecutive quarters of eCommerce growth that was north of 50 percent, Walmart’s digital sales grew less than half of that last quarter – and investors were less than thrilled. That was on top of news that Walmart’s increased profit-margin pressure was pushing an annual revenue estimate for 2018 that missed investor expectations. Despite the concern – and […]
July 10, 2017
Contrary to what “People of Walmart” would have you believe, the big-box retailer isn’t just for one demographic of shoppers, and it’s trying to prove that by making a name...
February 22, 2017
Strong Q4 earnings are in the rearview mirror for the juggernaut of retail. And In one metric of note, Walmart’s online sales are growing even more quickly than Amazon’s. Get ready...
November 19, 2019
The CEO of Walmart, Doug McMillon, said that he understands how Walmart needs to constantly change to stay around and avoid dying off, according to CNBC. “Walmart is not arrogant,” McMillon said. “We could go away at any minute. I think most of us act that way every day. If you’re not willing to fail […]
July 19, 2019
Walmart is making some organizational adjustments with its executives to help better integrate its retail store and digital operations, according to a report by CNBC. The information was gleaned from...
December 19, 2018
Walmart is testing out its own in-house visual search technology through Hayneedle, the home furnishings retailer it obtained through its acquisition of Jet.com in 2016. The new tech has slowly been...
November 02, 2018
To bring in younger consumers, Jet.com is expanding its assortment on its website. The eCommerce retailer brought Bonobos and Nike dedicated shops to its site, Chain Store Age reported. Jet.com...
