Walmart to Launch New Online Home Shopping Experience
7 years, 1 month ago

Walmart to Launch New Online Home Shopping Experience

News 18  

Walmart is launching a new online home shopping experience in the coming weeks that will let shoppers discover items based on their style. Walmart’s home shopping site will include curated collections and nine shop-by-style options including modern, traditional and bohemian. But Walmart faces stiff competition in the home arena not only from Amazon but home shopping sites like Wayfair. Walmart’s latest online strategy comes as it hit a snag in its e-commerce business for the critical fiscal fourth quarter, after enjoying a surging e-commerce business over the past few quarters that helped lift its stock.

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History of this topic

Walmart set to be dethroned by e-commerce giant for first time after 12 year reign
1 month, 3 weeks ago

Walmart set to be dethroned by e-commerce giant for first time after 12 year reign

Daily Mail  

Walmart has long been the biggest retailer in the US, since it overtook Sears in 1993. While Walmart is still dominant when it comes to retail, Amazon also generates revenue through other streams such as Prime Video and its cloud computing service. 'Given the growth trajectories of the two companies, it has always been on the cards that Amazon would …

Amazon, king of online retail, can’t seem to make its physical stores work
1 month, 3 weeks ago

Amazon, king of online retail, can’t seem to make its physical stores work

Live Mint  

Amazon.com, the largest e-commerce retailer in the U.S., is stumbling in its efforts to compete in the bricks-and-mortar world. After a decadelong experiment with bricks-and-mortar stores, Amazon’s dominance online has yet to translate into a successful strategy for connecting with shoppers in the real world, retail brokers and landlords said. “Running warehouses and shipping stuff efficiently is not the same …

Deal-hungry shoppers hit stores on Black Friday to kick off critical holiday season
3 months, 3 weeks ago

Deal-hungry shoppers hit stores on Black Friday to kick off critical holiday season

LA Times  

The Christmas tree is a big attraction on Black Friday at South Coast Plaza in Costa Mesa. “Honestly, you’ve got to come in with the mentality: It’s Black Friday,” said Gus Aguirre, a Simi Valley barber, who said his family never misses the biggest shopping day of the year. They suspected they could get the same sort of deals during …

Walmart earnings: Holiday shopping is off to a strong start
4 months, 1 week ago

Walmart earnings: Holiday shopping is off to a strong start

Live Mint  

Walmart said U.S. sales rose during the most recent quarter as shoppers bought more groceries, home goods and toys, a sign that spending is off to a steady start at the start of the holiday shopping season. The results Sales: U.S. comparable sales, those from stores and digital channels in operation for at least 12 months, rose 5.3% for the …

Walmart's promise of low prices proves to be a powerful draw in the third quarter
4 months, 1 week ago

Walmart's promise of low prices proves to be a powerful draw in the third quarter

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Walmart ratcheted up sales and …

Walmart keeps growing with shoppers making more than $100,000 a year
4 months, 1 week ago

Walmart keeps growing with shoppers making more than $100,000 a year

CNN  

New York CNN — Walmart’s business is surging. Walmart’s US sales at stores open for at least a year grew 5.3% last quarter compared with the year prior, the company said Tuesday. Walmart said it gained market share last quarter, driven “primarily from upper-income households.” Low and middle-income shoppers have traditionally formed the core of Walmart’s customer base, and they …

As Americans bargain shop, six-figure earners flock to Walmart
4 months, 1 week ago

As Americans bargain shop, six-figure earners flock to Walmart

CNN  

New York CNN — Walmart’s business is surging. Walmart’s US sales at stores open for at least a year grew 5.3% last quarter compared with the year prior, the company said Tuesday, and its profit grew 8.2% last quarter. Walmart said it gained market share last quarter, driven “primarily from upper-income households.” Households making more than $100,000 a year accounted …

Walmart’s business surges as shoppers hunt for low prices
10 months, 1 week ago

Walmart’s business surges as shoppers hunt for low prices

CNN  

New York CNN — Businesses from McDonald’s to Home Depot are struggling to attract financially strapped shoppers. Walmart said Thursday that sales at stores open at least a year increased 3.8% during its latest quarter from the same time last year. While low and middle-income shoppers have traditionally formed the core of Walmart’s customer base, Walmart also has grown with …

How online shopping is saving the bricks-and-mortar store
10 months, 3 weeks ago

How online shopping is saving the bricks-and-mortar store

Live Mint  

Store owners once viewed e-commerce as a mounting threat to their survival. Kohl’s now fulfills more than a third of its online orders in stores, Walmart more than half, and Target nearly all its sales from its network of roughly 2,000 locations, according to the companies. The pandemic sped up the integration of online and in-store shopping, as mandated closures …

Walmart to build or convert 150-plus stores in next 5 years. It hasn’t opened new stores in 3 years
1 year, 1 month ago

Walmart to build or convert 150-plus stores in next 5 years. It hasn’t opened new stores in 3 years

Associated Press  

NEW YORK — Walmart said Wednesday it plans to build or convert more than 150 stores in the next five years, while remodeling existing stores. In a memo shared with The Associated Press, John Furner, president and CEO of Walmart’s U.S. division, said that the first two new stores under this initiative, both Neighborhood Markets, are set to open later …

Retailers are improving their delivery speeds, meaning good news for late holiday shoppers
1 year, 3 months ago

Retailers are improving their delivery speeds, meaning good news for late holiday shoppers

Associated Press  

NEW YORK — Haven’t ordered any of your holiday gifts yet? “We remain on pace to deliver the fastest delivery speeds for Prime customers in our 29-year history,” Amazon CEO Andy Jassy said in October during an earnings call with analysts. The company has said these hubs, as well as changes to its transportation network, have made it able to …

Walmart attracts more shoppers seeking to cut spending in Q3, but muted expectations spook investors
1 year, 4 months ago

Walmart attracts more shoppers seeking to cut spending in Q3, but muted expectations spook investors

Associated Press  

NEW YORK — Walmart extended its streak of strong quarterly gains heading into the holiday season as its low prices attract shoppers looking for deals in a tough economic environment. Americans cut back on spending in October, ending six straight months of gains and pushing retail sales down 0.1%, the U.S. Commerce Department said this week. Sales also slid at …

Amazon to surpass Walmart as beauty market leader, says Morgan Stanley
1 year, 9 months ago

Amazon to surpass Walmart as beauty market leader, says Morgan Stanley

Hindustan Times  

From books to cloud computing, Amazon.com Inc. has gone on to dominate many segments over the years. Amazon is set to overtake Walmart Inc. as the biggest US beauty retailer by 2025, analysts led by Simeon Gutman wrote in a research note. While grocery retailers still hold a leading share of about 29% of the US beauty market, their portion …

Walmart shines in rough retail environment, ratchets up outlook after strong first quarter
1 year, 10 months ago

Walmart shines in rough retail environment, ratchets up outlook after strong first quarter

Associated Press  

NEW YORK — Walmart reported strong first-quarter sales results as the nation’s largest retailer’s low-prices continue to draw budget conscious consumers in a challenging economic environment of stubbornly high inflation, particularly in groceries. “We see it in the U.S. and in other markets like Mexico, Canada and Chile.” Other major retailers posted quarterly results this week, and there was a …

Walmart boosts outlook after a strong first quarter and rising online sales
1 year, 10 months ago

Walmart boosts outlook after a strong first quarter and rising online sales

Live Mint  

Walmart reported a strong first quarter and boosted its outlook for the year as the nation's largest retailer continues to draw budget conscious consumers in a challenging economic environment. Home Depot, the nation’s largest home improvement retailer, said Tuesday that sales for the first quarter fell 4.2%, and it expects its first annual revenue decline since 2009. Walmart reported net …

Walmart beats Q4 expectations but is cautious on guidance
2 years, 1 month ago

Walmart beats Q4 expectations but is cautious on guidance

Associated Press  

NEW YORK — Walmart on Tuesday reported strong sales during the holiday season as budget-conscious consumers looking for better deals on groceries and other items flocked to its stores. Though sales rebounded at stores and restaurants last month, showing shoppers are still spending despite higher prices and several interest rate hikes by the Federal Reserve in an effort to curb …

Walmart, Target begin holiday early to ease inflation sting
2 years, 6 months ago

Walmart, Target begin holiday early to ease inflation sting

Associated Press  

NEW YORK — Walmart and Target plan to begin offering deals and price matching offers earlier this year to keep up with Americans pressed by soaring inflation and looking for ways to ease the potential sting of holiday shopping. Walmart, based in Bentonville, Arkansas, is offering a wider assortment of items this year with more new brands and more Walmart-exclusives …

Walmart is thriving despite supply chain woes, high inflation
3 years, 1 month ago

Walmart is thriving despite supply chain woes, high inflation

Al Jazeera  

The world’s largest retailer said fourth-quarter revenue exceeded $150bn for the first time ever. Walmart’s investments over the past year, which included chartering ships, raising worker wages three times, and developing alternative streams of revenue, helped the company prepare for the holiday season without suffering higher costs, analysts said. Problems bring people to Walmart and we know that they take …

Online resale brands are
3 years, 5 months ago

Online resale brands are

Live Mint  

As brand name retailers nationwide struggle to fill shelves, a crop of online platforms that trade in secondhand wares are poised to profit handsomely from the global supply chain crunch. “Many retailers are struggling with supply chain disruptions, presenting consumers with thin inventory and higher prices,” said Anthony Marino, president of online high-end thrift store ThredUp Inc. By contrast, “100% …

Retail’s online future grows brighter after pandemic bump
4 years, 2 months ago

Retail’s online future grows brighter after pandemic bump

Associated Press  

Online shopping has been a lifeline for many as the virus pandemic shuttered stores and kept people at home. Traditional brick-and-mortar chains have gotten the message, ramping up their online sales as more and more people shop remotely rather than in stores. Walmart CEO C. Douglas McMillon said recently that upward trends for online sales accelerated by “two to three …

US retailers witness Cyber Monday as biggest online shopping dayin history cv19
4 years, 3 months ago

US retailers witness Cyber Monday as biggest online shopping dayin history cv19

Hindustan Times  

Cyber Monday is on track to bring in a record of as much as $12.7 billion in online sales, according to latest industry estimates, surpassing Black Friday’s digital numbers as US retailers reached the last leg of an extended holiday selling season caused by the Covid-19 pandemic. Cyber Monday turns out to be biggest online shopping day in US history …

Another booming quarter for Walmart, but sales are slowing
4 years, 4 months ago

Another booming quarter for Walmart, but sales are slowing

Associated Press  

NEW YORK — Walmart turned out another stellar quarter as the world’s largest retailer powers through a pandemic that has felled other national chains. Sales at Walmart stores opened at least a year— a key barometer for a retailer’s health — rose 6.4%. “We think these new customer behaviors will largely persist, and we’re well positioned to serve customers.” McMillon …

Walmart reports strong US sales as it retreats from some overseas markets
4 years, 4 months ago

Walmart reports strong US sales as it retreats from some overseas markets

Live Mint  

Walmart scored another round of strong earnings Tuesday as it sharpens its focus on e-commerce growth and retreats from some overseas markets as the coronavirus roils the retail economy. The world's biggest retailer enjoyed another quarter of lofty US sales, although the gains moderated from earlier in the pandemic when rival "non-essential" retailers were closed and shoppers were boosted by …

Walmart plans to hire 20,000 holiday staff to meet online demand
4 years, 6 months ago

Walmart plans to hire 20,000 holiday staff to meet online demand

Live Mint  

Walmart Inc. will recruit more than 20,000 workers ahead of the U.S. holidays to prepare for an expected surge in online shopping amid the pandemic, its first large seasonal hiring in five years. The world’s biggest retailer is readying itself for a holiday e-commerce battle with Amazon.com Inc. by bringing on more seasonal staff to handle online orders at its …

Walmart’s answer to Amazon Prime has deep, hidden roots
4 years, 8 months ago

Walmart’s answer to Amazon Prime has deep, hidden roots

LA Times  

Although details of Walmart’s new subscription program are still hazy, Walmart+ could include free same-day delivery and virtual entertainment for kids. The imminent introduction of Walmart Inc.’s new subscription program took investors by surprise this week, sending the retailer’s shares up the most in almost four months. Another element was unearthed closer to home in the form of Walmart’s Delivery …

Walmart Hires Almost A Quarter-Million Workers As Sales Soar
4 years, 10 months ago

Walmart Hires Almost A Quarter-Million Workers As Sales Soar

NPR  

Walmart Hires Almost A Quarter-Million Workers As Sales Soar Enlarge this image toggle caption Julio Cortez/AP Julio Cortez/AP As the largest retail chain that remained open during the coronavirus pandemic, Walmart became a huge draw for shoppers. In stores, shoppers visited less frequently, but they spent almost 17% more per transaction, the company said on Tuesday as it became one …

Walmart China plans to open 500 new stores
5 years, 4 months ago

Walmart China plans to open 500 new stores

CNN  

Hong Kong CNN Business — Walmart is doubling down in China despite an economic slowdown. The Arkansas-based retailer announced Thursday that it plans to open 500 new stores in China over the next five to seven years. JD.com, China’s second largest e-commerce player after Alibaba, now hosts Walmart’s groceries and other various products on its own online shopping platform. The …

Walmart offers holiday cheer as traditional peers struggle
5 years, 4 months ago

Walmart offers holiday cheer as traditional peers struggle

Associated Press  

NEW YORK — Walmart is offering some holiday cheer heading into the crucial Christmas shopping season even as many of its traditional peers struggle. The results offer the latest evidence that Walmart’s efforts to expand online grocery services are widening the gap between itself and traditional rivals. But Walmart may have to reconsider its new unlimited grocery delivery service — …

Speedy delivery and tech in stores: How retailers are prepping for the holidays
5 years, 5 months ago

Speedy delivery and tech in stores: How retailers are prepping for the holidays

CNN  

New York CNN Business — Walmart, Target and Best Buy this week rolled out plans to woo shoppers during the holidays, focusing on early deals, speedier deliveries and beefed-up service in stores. “This year is a bit unique for our customers,” Steve Bratspies, Walmart chief merchandising officer, said on a call with reporters. Target said it is increasing its holiday …

Walmart sales up despite warning signs of looming US recession
5 years, 7 months ago

Walmart sales up despite warning signs of looming US recession

CNN  

New York CNN Business — Fresh off Wall Street’s worst day of the year, Walmart calmed investors worried the US economy could fall into a recession. Walmart, a Dow stock and bellwether of consumer spending, said Thursday sales at its jumbo-size US stores increased 2.8% during its most recent quarter compared with the same period a year ago. Walmart’s results …

Walmart shuffles leadership team for store-digital integration
5 years, 8 months ago

Walmart shuffles leadership team for store-digital integration

Live Mint  

Chicago: Walmart Inc. is still trying to get its structure just how it wants it. That comes on the heels of an announcement last month that it planned to fully integrate all Jet.com employees into the larger company and shrink the unit’s management team nearly three years after buying the e-commerce site. As part of the shuffle, Ashley Buchanan, who …

Walmart says it will raise prices because of tariffs
5 years, 10 months ago

Walmart says it will raise prices because of tariffs

CNN  

New York CNN Business — Walmart, America’s largest retailer, said Thursday it will raise prices on some products as a result of the Trump administration’s tariffs on Chinese goods. However, increased tariffs will lead to increased prices, we believe, for our customers.” Walmart chief financial officer Brett Biggs told reporters on a call after the retailer reported earnings for the …

New e-commerce policy aids smaller players by breaking unholy nexus between marketplace and affiliate sellers
6 years, 3 months ago

New e-commerce policy aids smaller players by breaking unholy nexus between marketplace and affiliate sellers

Firstpost  

The domestic lobby has succeeded in convincing the government that friendliness towards FDI in e-commerce should not hamper healthy competition At first look, the new e-commerce policy announced by the government may look like a triumph of nationalism over globalisation, but on harder examination, the policy that restricts ‘cashbacks’ and discounts by online retailers is essentially a sign of progressive …

Amazon says Cyber Monday single biggest shopping day in company history
6 years, 3 months ago

Amazon says Cyber Monday single biggest shopping day in company history

China Daily  

WASHINGTON, Nov. 27 -- US e-commerce giant Amazon on Tuesday announced that Cyber Monday was the single biggest shopping day in the company's history, with more products ordered than any other day. Throughout the five shopping days starting with Thanksgiving and continuing through Cyber Monday, Amazon customers ordered more than 180 million items, the company said. Figures from market research …

Walmart puts Amazon on notice amid Flipkart bad news
6 years, 4 months ago

Walmart puts Amazon on notice amid Flipkart bad news

Live Mint  

Walmart Inc. sailed into the US holiday season with stronger-than-expected sales and a boosted full-year outlook, signalling that the world’s largest retailer can more than hold its own against rival Amazon.com Inc. in the critical holiday weeks ahead. Comparable sales for Walmart stores in the US—the best barometer of the company’s performance—rose 3.4% in the third quarter, beating analysts’ estimates. …

Walmart’s plan to win the holidays: Faster checkouts and a simpler website
6 years, 4 months ago

Walmart’s plan to win the holidays: Faster checkouts and a simpler website

CNN  

New York CNN Business — Walmart wants customers to find products more easily and check out faster this holiday shopping season. Walmart says the mobile scanners will allow shoppers buying big, bulky items such as Christmas trees and flat-screen TVs to bypass registers at the front and head straight to their cars. “We put a lot of work in our …

Walmart is hanging tough against Amazon
6 years, 5 months ago

Walmart is hanging tough against Amazon

CNN  

New York CNN Business — Walmart is in the biggest fight of its 68-year history. To stave off Amazon and remain the world’s biggest retailer, Walmart is stepping up its grocery game and buying trendy digital brands. Walmart’s online sales are expected to grow 40% this year, and the company said Tuesday that digital growth will expand by 35% in …

Walmart sees sales rise at stores and online, raises outlook
6 years, 7 months ago

Walmart sees sales rise at stores and online, raises outlook

Associated Press  

NEW YORK — Walmart raised its financial outlook for the year on Thursday after beating Wall Street’s expectations for the quarter and seeing the strongest growth in more than a decade in sales at established stores. The upbeat report indicates that Walmart’s efforts to improve the experience shoppers have at its stores and expand its online services, particularly in grocery, …

Walmart Should Have Just Let Amazon Win the Flipkart Battle
6 years, 10 months ago

Walmart Should Have Just Let Amazon Win the Flipkart Battle

The Quint  

That operating history includes two decades of stellar growth towards the end of the 20th century, when Walmart reshaped the retail business in the United States, and the years since, where growth has slowed down and margins have come under pressure. Growth has slowed to a trickle: Walmart’s growth engine started sputtering more than a decade ago, partly because its …

Walmart wants to engage with its existing customers digitally: Fiona Tan
7 years ago

Walmart wants to engage with its existing customers digitally: Fiona Tan

Live Mint  

New Delhi: Walmart Labs is using the vast database of its offline customers to create its omni-channel identity, said Fiona Tan, senior vice-president of Walmart Labs while delivering a keynote address at EmTech India 2018 on Thursday. Tan, who joined Walmart in 2014, is responsible for customer technology at Walmart Labs across their e-commerce properties and physical stores. Walmart Labs, …

Walmart goes to the cloud to close gap with Amazon
7 years, 1 month ago

Walmart goes to the cloud to close gap with Amazon

Live Mint  

California: One of Walmart Inc.’s best chances at taking on Amazon.com Inc. in e-commerce lies with six giant server farms, each larger than ten football fields. But Walmart’s decision to build its own internal cloud network shows its determination to grab a bigger slice of online shopping, in part by imitating Amazon’s use of cloud-powered big data to drive digital …

Walmart To Launch Online Grocery Delivery In Japan, E-Book Sales In U.S.
7 years, 2 months ago

Walmart To Launch Online Grocery Delivery In Japan, E-Book Sales In U.S.

NPR  

Walmart To Launch Online Grocery Delivery In Japan, E-Book Sales In U.S. Enlarge this image toggle caption Yuya Shino/Reuters Yuya Shino/Reuters Walmart has a laser-like focus when it comes to finding ways to compete with rival Amazon.com, and the world's largest bricks-and-mortar retailer has announced its latest attempt. Walmart Stores, Inc. is joining with Japan's largest e-commerce retailer Rakuten to …

Amazon goes into the holidays with magnified store presence
7 years, 4 months ago

Amazon goes into the holidays with magnified store presence

Associated Press  

NEW YORK — Amazon goes into the holiday season with a newly magnified brick-and-mortar presence, giving it more opportunities to sell its Kindle e-readers, Fire tablets and other gadgets. The online retailer now has more than a dozen Amazon Books stores, which also sell toys, electronics and small gifts. It says its stores are fulfilling more than half of its …

Walmart’s online bets paying dividends in the age of Amazon
7 years, 4 months ago

Walmart’s online bets paying dividends in the age of Amazon

Associated Press  

NEW YORK — A surging online business and strong food sales boosted Walmart’s results Thursday ahead of the holiday season, a day after its rival Target offered a cautious forecast that overshadowed progress it has made in bringing more customers to its stores. “Walmart’s online performance continues to validate its substantial investments in this critical channel, including its purchase of …

Amazon or Walmart? Some retailers are choosing alliances
7 years, 4 months ago

Amazon or Walmart? Some retailers are choosing alliances

Associated Press  

NEW YORK — Store chains feeling the upheaval in retail are making strategic alliances — and that can mean picking sides. Kohl’s shoppers can find Amazon devices at some stores, and return items they bought from the online retailer. You look at retailers who are closing or struggling.” So as Amazon moves even further into fashion, home electronics and grocery …

Amazon or Walmart? Some retailers are choosing alliances
7 years, 4 months ago

Amazon or Walmart? Some retailers are choosing alliances

Associated Press  

NEW YORK — Store chains feeling the upheaval in retail are making strategic alliances — and that can mean picking sides. Kohl’s shoppers can find Amazon devices at some stores, and return items they bought from the online retailer. You look at retailers who are closing or struggling.” So as Amazon moves even further into fashion, home electronics and grocery …

Wal-Mart deploys shopping app to simplify returns for holidays
7 years, 5 months ago

Wal-Mart deploys shopping app to simplify returns for holidays

Live Mint  

New York: Wal-Mart Stores Inc. is simplifying the return process through its smartphone app, aiming to ease a major hassle of shopping in time for the holiday season. Wal-Mart will also instantly credit customers for returns of some items without having to bring them back at all.mobAds “We recognize that saving time is the new currency for customers, as much …

Wal-Mart, trying to hone its same-day delivery skills, buys New York’s Parcel
7 years, 5 months ago

Wal-Mart, trying to hone its same-day delivery skills, buys New York’s Parcel

LA Times  

People walk in and out of a Walmart store, in Dallas on Aug. 26, 2016. Wal-Mart is sharpening its same-day delivery skills through the acquisition of a small New York City company. Wal-Mart said Tuesday that Parcel, with a warehouse in Brooklyn, has learned to deftly navigate densely populated areas and get groceries to customers fast. Wal-Mart’s focus on fast, …

Google and Walmart’s Big Bet Against Amazon Might Just Pay Off
55 years, 2 months ago

Google and Walmart’s Big Bet Against Amazon Might Just Pay Off

Wired  

It’s hard to overstate Amazon’s online retail dominance. No one can challenge Amazon today, but a newly announced partnership between Google and Walmart—allowing you to order groceries from the latter with Google Assistant, or online via Google Express, starting in late September—may ultimately present a threat. Rather than hop in the car and head to the store, or tap through …

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