Jet.com President Departs 18 Months After Wal-Mart Acquistion
January 26, 2018 at 10:53 am

Liza Landsman, president of Jet.com and recent Total Retail Top Women in Retail 2018 honoree, is leaving the company just a year-and-a-half after she was promoted to her current role. Wal-Mart acquired Jet.com for $3 billion in 2016. Landsman joined Jet.com in March 2015 in the role of chief customer officer, where she oversaw the company’s…

Wal-Mart Reportedly Cutting 1,000 Corporate Jobs
January 15, 2018 at 11:01 am

Wal-Mart is planning to cut over 1,000 corporate jobs, The Wall Street Journal reported Friday citing sources. The layoffs, expected to be completed by Jan. 31, 2019, will focus largely on employees in its corporate headquarters in Bentonville, Ark., the report said. Wal-Mart, the country's largest private employer, has 1.5 million workers in the U.S. and 2.3…

Wal-Mart Developing Personal Shopping Services, Cashier-Free Stores
December 21, 2017 at 2:46 pm

Wal-Mart's Code Eight, the first portfolio company in its newly launched incubator, Store No. 8, has started testing personal shopping services for moms in New York City, Recode reports. The  service is targeted to “busy NYC moms ” who are "high net worth urban consumers" and will enable them to get product recommendations and make purchases simply through text messaging. The…

76% of U.S. Online Consumers Shopping on Amazon This Holiday Season
December 20, 2017 at 2:28 pm

Seventy-six percent of Americans shopping online this holiday season expect to do most of that shopping on Amazon.com, according to the results of CNBC's All-America Economic Survey for the fourth quarter, which was released this week. CNBC surveyed 800 adults from Dec. 10 - Dec. 13 to get their views on the state of the…

Amazon Leading All Retailers in Paid Search
December 11, 2017 at 1:45 pm

Amazon.com is leading the way in consumer electronics (CE) holiday paid search spend, according to a report from search intelligence provider Adthena. Adthena analyzed the search engine marketing activities of 179 CE retailers such as Amazon, Wal-Mart, Target and Best Buy over a two-month period, October-November 2017. More than 370,000 search ads were analyzed. According…

Wal-Mart's E-Commerce Rush Slows Delivery Network
December 8, 2017 at 11:52 am

Wal-Mart said on Wednesday that an increase in online orders have caused delays in its distribution network, according to Reuters. "The week of Thanksgiving is an incredibly busy time for all of retail. With massive volume going through our system, there were some orders that took extra time, much like other major e-commerce sites,” Wal-Mart…

Doug McMillon, CEO, Wal-Mart
November 29, 2017 at 3:52 pm

"The future is not going to be driven exclusively by technology, but by people.The term that we started using inside the company is we want to be people-led and tech-empowered."

75-Plus Leading Retailers Closed on Thanksgiving
November 22, 2017 at 12:37 pm

Despite the fact that many Black Friday sales begin tomorrow, Thanksgiving Day, more than 75 well-known retailers will be closed for the holiday. A list of all of the retailers that will be closed on Thanksgiving Day — including leaders such as Costco, Neiman Marcus, and  T.J.Maxx — can be found on BestBlackFriday.com, a website…

Lord & Taylor to Launch Flagship Store on Walmart.com
November 14, 2017 at 12:52 pm

Lord & Taylor will launch a flagship store on Walmart.com in spring 2018, according to a joint announcement from the retailers yesterday. As part of the agreement, Lord & Taylor will introduce a specialized “flagship store” on Walmart.com, which essentially will be a section on Walmart’s website and an app dedicated to goods sold by…

Wal-Mart to Host Holiday Parties in its Stores
November 2, 2017 at 12:43 pm

Wal-Mart is throwing 20,000 parties in its stores across the country in an attempt to attract more holiday shoppers. According to a company press release, the parties will take place on Nov. 4, Dec. 2 and Dec. 16, and will include 165,000 in-store toy demos, visits from Santa and other activities. The Nov. 4 party will…