Category Archives: Business/Economy

Discounters Lead Retail Openings — GroceryDive.com

Discount grocers are leading the pack when it comes to 2019 retail store openings: “Discount retailers, led by dollar stores and Aldi, will account for more than half of retail store openings this year, according to data from Coresight Research cited by CBS News. Out of the almost 2,780 new locations slated for 2019, about 1,800 belong to discount chains.” P.S. The future looks bright for Walmart. Are you ready to continue doing business with this evolving retailer? Get in...

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Walmart, US Solar Announce Agreement for 36 Community Solar Gardens — Walmart.com

Walmart has signed an agreement to subscribe to US Solar’s community solar gardens: “‘Solar is a vital component of Walmart’s expanding renewable energy portfolio,’ said Mark Vanderhelm, Vice President of EnergyUS Solar’s 36 one-megawatt (MW) community solar gardens will generate clean, renewable energy and provide energy savings to Walmart locations in 13 separate counties. The first solar gardens have completed construction and the remainder are targeted to be online by the first half of 2020.for Walmart Inc.” P.S. Walmart is...

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FedEx Won’t Renew Amazon Contract — Fox4KC.com

FedEx won’t be renewing its delivery contract with Amazon when it expires at the end of the month: “FedEx said Friday that it will not renew the contract for domestic FedEx Express handling of Amazon shipments when the deal expires June 30. It’s “a strategic decision” that will let FedEx focus on thousands of other retailers including Target, Walgreens and Walmart, company spokeswoman Katie Wassmer.” P.S. FedEx will be concentrating more on its relationship with Walmart and other stores. If...

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Amazon Expands Free One-Day Shipping Program — BusinessInsider.com

Amazon is taking on Walmart’s new free shipping promotions by expanding the number of items that are eligible for free one-day shipping: “Amazon said Monday that its Prime free one-day shipping offer now applies to more than 10 million items.” P.S. Interested in selling on Walmart.com or SamsClub.com? Want to improve your sales on these platforms? Our experts can help. Book a consultation today.

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Walmart Names New Head of Store No. 8 — Reuters

Walmart’s tech lab, Store No. 8, has hired Scott Eckert to lead the startup incubator: “Eckert, a former executive of Bain Capital Ventures, will take over from Lori Flees, who ran Store No. 8, in addition to working as senior vice president of health and wellness at Walmart-owned Sam’s Club, according to a memo sent by retailer’s head of U.S. e-commerce, Marc Lore, to its employees on Monday, a copy of which was seen by Reuters.” P.S. Walmart has made...

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Walmart Has Big Plans for Jetblack — Business Insider

Walmart is looking to expand its Jetblack personal shopping service, which currently operates in New York City: “A wholly owned subsidiary of Walmart, Jetblack started working with customers in New York City in May 2018. Since then, Fleiss says, it has grown steadily, and the service has let a number of people in off of its secret waitlist.” P.S. The future looks bright for Walmart. Are you ready to continue doing business with this evolving retailer? Get in touch with...

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Sears Debuts “Home & Life” Stores — ChainStoreAge.com

Sears has introduced a new, smaller format retail concept: “The apparel-free, smaller-sized format (the footprint ranges from 10,000 sq. ft. to 15,000 sq. ft.) is focused on selling major and small kitchen appliances, mattresses, tools, connected home products and home services. Artwork and photos in the stores include images of the local community.” P.S. The world of retail is rapidly changing and even successful stores like Walmart are reinventing themselves. If you are hoping to work effectively with this rapidly-changing...

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Industry Leaders Wary of Mexican Tariffs — CNN.com

Business and industry leaders have expressed concern about the plan to impose a tariff on all goods imported from Mexico: “The United States plans to impose a 5% tax on all goods imported from its Southern neighbor beginning June 10 unless “the illegal migration crisis is alleviated,” President Donald Trump said in a statement Friday. The tariffs would quickly escalate, the administration said, potentially reaching 25% by October.” P.S.  Tariffs could increase costs for just about everyone in the supply...

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Walmart Canada Debuts “Urban Supercentre Concept” — Walmart.ca

Walmart has unveiled a new urban concept store in Canada: “Walmart has chosen its Toronto-Stockyards location to bring new “Fast Lane” checkout technology to the store and to fully integrate the My Walmart app to allow customers to scan their own products as they shop. Store associates – including new full- and part-time associates – work alongside state-of-the-art technology to help make shopping as easy and convenient as possible for customers. A second Supercentre Concept will launch in Thornhill next...

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Entrepreneurs Across the Country Are Invited to Pitch Their Products at Walmart Headquarters — Walmart.com

Hundreds of small businesses get their invitation to Walmart’s 6th annual Open Call event and the opportunity to take their companies to the next level BENTONVILLE, Ark., May 29, 2019 – The wait is over for entrepreneurs who submitted their applications for Walmart’s 6th annual Open Call event, as hundreds received their invitations on May 17. These businesses will now start preparing for their trip to Walmart’s headquarters in Bentonville, Arkansas June 18-19 to pitch their product face-to-face to a buyer for a...

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