Wal-Mart
Walmart is introducing new low-cost apparel brands for women, kids and plus-size customers โ and phasing out older brands โ in an effort to lure shoppers away from Amazon.com, which is steadily increasing its apparel sales, according to a Bloomberg report. The store brands include Time and Tru in ladieswear, which will replace the jettisoned DanskinNow label,โฆ
Walmart announced this week that it is eliminating two department manager positions in some of its 4,700 U.S. stores, including managers who oversee cellphone departments and online grocery pickup areas, in a new restructuring plan, The Wall Street Journal reported yesterday. The stores facing cuts either have lower sales in those departments or are increasinglyโฆ
In this episode of Retail Right Now, Total Retail's Executive Editor Joe Keenan and Senior Editor Caitlin Sullivan discuss what corporate tax reform could mean for the retail industry, including the actions already taken by some leading brands โ Walmart, Home Depot, Apple, Starbucks โ to invest these savings into their employees as well asโฆ
A woman in California has filed a lawsuit against Wal-Mart over claims the company keeps products primarily used by African-Americans inside a locked glass case. Essie Grundy told reporters in Los Angeles on Friday that she felt humiliated and discriminated against when on three occasions this month she had to ask a store employee atโฆ
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 companyโsโฆ
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 2.3โฆ
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 โbusy NYC moms โ who are "high net worth urban consumers" and will enable them to get product recommendations and make purchases simply through text messaging. Theโฆ
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 theโฆ
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. Accordingโฆ
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,โ Wal-Martโฆ