Tag: Walmart

Retail Types, Stores

Walmart’s profits take a hit as fuel spikes and consumers react to inflation

May 17, 2022

Via: Retail Dive

Walmart Chief Financial Officer Brett Biggs called Q1 “one of the most challenging periods yet” in a disruptive environment marked by inflation and supply chain challenges. For the year, the retailer now expects a small decline in operating income compared […]

Retail Types, Stores

Walmart Underpins a New Era Of Work Management

May 16, 2022

Via: RIS News

Walmart Inc. is fostering cross-functional collaboration and standardizing organizational processes to drive efficiencies and a positive work culture. To do this deeper into the company, the retailer has expanded its Wrike work management platform instance outside of Walmart Canada. It […]

Retail Types, Stores

Is inflation the true cause of recent supermarket closures?

May 10, 2022

Via: RetailWire

Some big name grocers have been closing store locations against the backdrop of record-breaking inflation. Walmart closed three under-performing locations in April, in Louisville, Cincinnati and Bellevue, Washington, with plans to close two more soon, according to Eat This, Not […]

News & Trends

Plug Power supplies Walmart with green hydrogen to fuel retailer’s fleet of lift trucks

April 20, 2022

Via: SCMR Editorial

Plug Power, a provider of turnkey hydrogen solutions, has announced an agreement with Walmart for an option to deliver up to 20 tons per day of liquid green hydrogen to power material handling lift trucks across the retailer’s distribution and […]

News & Trends

Target launches new program for used apparel

April 12, 2022

Via: RetailWire

Target’s is selling used apparel through a new relationship with ThredUP. The retailer, as of late March, has its own page on ThredUP featuring a selection of used apparel curated by its team from the resale platform’s assortment, according to […]

E-commerce, Retail Types

How eBay plans to double its advertising revenue to $2bn by 2025

March 11, 2022

Via: Charged

Ecommerce giant eBay is planning on doubling its advertising revenue to $2 billion by 2025, according to Alex Kazim, the company’s head of global advertising, on its investor day. The plans include a strategy to roll out an ad format […]

News & Trends

Size matters: How Walmart and Target dominated amid disruption, inflation

March 3, 2022

Via: Retail Dive

For many companies, an unexpected bill for $400 million would be a crucible, if not the beginning of a tailspin. For Walmart, the world’s largest company by revenue, it was a mere speed bump. That figure, $400 million, was what […]

Retail Types, Stores

Walmart shrugs off disruption as US comps grow 5.6%

February 17, 2022

Via: Retail Dive

In a year of unprecedented supply chain turmoil, Walmart leaned on its massive scale to keep its shelves stocked for the all-important fourth quarter. As the holiday shopping season kicked off last year, the retailer, along with its largest competitors, […]

FMCG products, Retail Types

Should grocers leave delivery to third-party providers or do it themselves?

February 7, 2022

Via: RetailWire

Only the major players — Walmart, Safeway, Kroger, Amazon and Target (through its Shipt subsidiary) — along with a handful of others have brought grocery delivery in-house. But some industry observers think it might be time for others to join […]

News & Trends

Walmart signals metaverse plans with trademark applications around virtual goods, NFTs

January 19, 2022

Via: Retail Dive

Walmart isn’t the first retailer to show budding interest in the metaverse, but a potentially substantial push to build out its offerings could go a long way in sparking more mainstream adoption of technologies that are foundational to the channel, […]