Category Archives: Business/Economy

Walmart Suppliers, Item Creation has Changed!

  Just when you were comfortable going through the item setup process, Walmart revolutionizes! Like everything else, there’s an adjustment period, but it will be worth it for your business. Joel Graham has been teaching and helping suppliers with the new process. This week on the podcast, we discuss some of the questions suppliers have been asking and best practices for learning the new process. Also, we want you to remember no matter what issue you’re facing with the new...

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FedEx Retail Expands Into Walmart Stores — SupplyChainDive.com

FedEx has opened its 2000th retail store. Many of these shops are in Walmart stores, representing a partnership that benefits both retailer and shipper: “Walmart could also benefit from these locations by driving traffic to its stores, he said. What better way to get an Amazon customer into a Walmart than have the customer pick up a package at the big-box store?” P.S. More services attract more customers to Walmart stores. Are your items on the store shelves, ready for...

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Walmart Launches New Baby Registry — Walmart.com

Walmart has introduced a new baby registry that incorporates features such as chat bots, mobile enhancements, personalization, and a wide range of new brands: “When talking with customers, we kept hearing one key theme – that starting a baby registry is incredibly overwhelming and they’d like a more filtered list to begin their planning. So, we’ve made it easier for parents to create, manage and add items to their registry, all while adding a personal touch.” P.S. The baby-product market...

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Analyst: Amazon Plans to Beat Walmart on Price — CNBC

Business analyst and television show host Jim Cramer believes that Amazon’s next move in the retail chess-game will be to beat Walmart on price: “Cramer, the host of ‘Mad Money,’ said his sources at Amazon indicate to him that ‘whatever Walmart is doing’ on prices, Jeff Bezos’ e-commerce giant ‘will come under’ it.” P.S. Keeping costs down is critical to delivering on price. What are you doing to improve productivity and lower costs? Our experts can help. Schedule an appointment...

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Summer Interns: Do You Know the Law? — CFODailyNews.com

School is out in a couple of months, which means that it’s time to start the summer intern application process. Unfortunately, many managers don’t understand how employment law applies to interns, which can lead to legal issues and financial penalties: “Now’s the time – while these internships are being set up and finalized – to hammer out all these issues so you’re confident your company remains in compliance with what DOL expects and you don’t end up with any expensive...

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Retail Sales Dipped in February — Washington Post

According to the U.S. Commerce Department, retail sales fell in February of this year: “The Commerce Department said Monday that retail sales fell 0.2 percent in February, after posting an upwardly revised gain 0.7 percent in January. Still, sales are running below their seasonally adjusted levels from November after a sharp 1.6 percent decline in December.” P.S. Retail is a tough industry and it can be hard to stay competitive. Our classes can teach you how to optimize your processes...

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Amazon Go Faces a Hard Stop — GroceryDive.com

  As Amazon continues to dip its toes into the waters of brick & mortar retail, one of its concepts, Amazon Go, faces a roadblock in the form of cashless store bans in some areas. “Proponents of the ban argue that cashless stores discriminate against low-income shoppers who may not have the means to maintain a bank account with a debit card or are not eligible for a credit card. Opponents of the ban, including businesses that have gone cash-free,...

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Rethinking Product Packaging — SupplyChainDive.com

Suppliers and retailers, such as Walmart, are reconsidering strategies for reducing plastic packaging waste: “Walmart announced its latest plans in February, to target its private brand packaging to reduce plastic waste, affecting more than 30,000 SKUs in the retailer’s inventory.” P.S. Social compliance is increasingly important in a connected society. Our consulting services can help you shoulder the burdens of running a 21st Century supplier company. Get in touch with us today!

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Private Brands Strong Competitors on Price — Chain Store Age

A recent study shows that retailers aggressively discount their private label options: “Nine out of 10 leading retailers price their private label products lower than the average prices of their respective categories. That’s according to a study from DataWeave, a provider of competitive intelligence as a service to e-commerce businesses and consumer brands, in collaboration with corporate and investment bank SunTrust Robinson Humphrey. The study revealed that an increasing number of retailers are viewing private label brands as a way...

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Drew Barrymore Debuts New Furniture Collection at Walmart — Walmart.com

Drew Barrymore has expanded her partnership with Walmart with a new furniture and home decor collection: “Vibrant, inviting and full of life, Drew Barrymore Flower Home offers a unique assortment of eclectic home furnishings, including furniture, curtains, textiles, wall art, ceramics, pet beds and more. Drew worked in close collaboration with the Walmart.com design team to create her first-ever home collection that features a refreshing mix of bold prints, feminine patterns, fresh colorways and functional silhouettes.” P.S. These new designs...

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