Category Archives: Business/Economy

Walmart Grocery Delivery Touts Produce Expertise — ProduceBlueBook.com

Advertising for Walmart’s fresh grocery delivery service touts associates’ savvy in selecting ripe, delicious fruits and veggies for customers: “Fresh produce is one of the last holdouts for many consumers afraid to cede the selection to an amateur. If a retailer wants to convince consumers to switch to online shopping, they’re going to have to gain their trust in fresh produce.” P.S. Walmart has made big changes over the past few years. If you are trying to navigate the “new”...

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Private Label Offerings Drive Consumer Choices — GroceryDive.com

  Consumers are increasingly influenced by private-label offerings when choosing a grocery store: “The Food Marketing Institute (FMI) and IRI have released the final piece of a three-part analysis, which found that 46% of customers say private label brands influence where they shop, up from 35% three years ago. Private brands are also reaching a larger audience across demographics and generations.” P.S. Walmart leadership has made it clear that the company plans to invest in its private-label offerings.  Get in...

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Amazon to Launch New Grocery Store Brand — CNET.com

  Amazon is opening a new grocery store in Woodland Hills. The store brand will be distinct from Whole Foods and Amazon Go: “The store will be different from Amazon-owned Whole Foods, the company said. It didn’t say whether it will open more of these locations, what its selection or pricing will be, or what the brand name is. But in the jobs postings, the company described the Woodland Hills location as ‘Amazon’s first grocery store,’ suggesting that it will...

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Food & Beverage Consumers Demand Clean Labels — FoodDive.com

CPG manufacturers are responding to consumer demand for cleaner, more easy-to-understand product labels: “The clean-label trend is emerging from consumers’ willingness to take a more hands-on approach to evaluating how healthy their food is. More than nine out of 10 read nutritional labels, and 74% say they frequently read the full product label when making purchases. Despite this dedication, 49% of consumers say there is not enough information on product packaging to help them meet their dietary needs or lifestyle...

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More Sears, Kmart Closings — CNN.com

Sears will be closing 96 stores in its latest attempt to keep the retailer in business: “Sears owner Transformco announced Thursday it has obtained $250 million in new capital, money intended to help fuel the company’s turnaround after it obtained essentially all of Sears Holding Company’s assets during its bankruptcy proceedings earlier this year. But still, the company says it will be forced to shutter another 96 Sears and Kmart stores in 30 states by February 2020, continuing a trend...

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How Can I Increase My Walmart Purchase Orders?

As a Walmart Supplier, if you want bigger purchase orders (POs), what can you do? Can you increase your POs through Retail Link? Is there a process to go through the Walmart Buyer? We get these questions about Walmart POs each week, so on this week’s podcast we’re delivering the answers! If you have questions about your specific purchase orders and how to seek an increase, click here for a free consultation with a Walmart expert. Our guest this week...

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J.C. Penney Looks to Lab Store for Comeback Ideas — Fortune

J.C. Penney has opened a lab store in Texas in hopes of testing new ideas that could give the retailer a much-needed second wind: “Soltau has been relatively quiet during her first year as CEO, staying focused on devising a strategy for Penney. The Hurst store is not a prototype for renovations to come. Instead, the store will be a lab used to decide what works before rolling it out to other locations in the 850-store chain.” P.S. We’ve often...

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Consumers Want Personalized Service — RetailDive.com

  Consumers are interested in personalized service when shopping. They are willing to pay more for it, too: “Half of respondents said they’d give up a lower product price online in exchange for personalized assistance or advice from an in-store associate. Preferred categories for in-store shopping included major appliances, clothing and accessories, health and beauty products, and home decor.” P.S. Walmart prioritizes employee training which can lead to better customer service, higher sales numbers, and greater customer satisfaction with products. ...

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Amazon Fresh Drops Monthly Fee — MultiChannelMerchant.com

Fresh, Amazon’s fresh grocery delivery service, has dropped its monthly fee: “Amazon waited an entire month to swing back at Walmart’s new grocery delivery program, making delivery from Amazon Fresh and Whole Foods free for Prime members by eliminating the $14.99 per month charge on orders of at least $35.” P.S. Walmart is still duking it out with Amazon! If you are looking for help working with your Walmart buyer and maintaining a nimble business, know that our experts can...

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Tariffs and Profits — CNN Business

The current trade war has analysts worried about its impact on prices and profits: “What began as targeted tariffs on steel and aluminum imports in early 2018 accelerated over the past year and a half as tariff rates were jacked up with each disappointment in the negotiations. And now, months and months of those tariffs — and disrupted supply chains because of them — are raising costs and squeezing margins for a wide variety of companies.” P.S. Worried about tariffs...

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