Category Archives: Business/Economy

Don’t Miss the Power of Inclusion Luncheon October 10!

If you do business in Northwest Arkansas, make plans to attend the Power of Inclusion Luncheon hosted by the Sunshine School and Development Center. Here are the event details: What: Power of Inclusion Luncheon When: Thursday, October 10 from 11:30 a.m. – 1:00 p.m. Where: Embassy Suites Pinnacle Ballroom Register: Click here to reserve your seats Presentation sponsor: GSK Consumer Healthcare Our guest on this week’s podcast is Bethany Rine, Communications Coordinator for the Sunshine School and Development Center. In...

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Sears Laying Off Employees at Headquarters — ChicagoBusiness.com

Sears has announced layoffs at its suburban Chicago headquarters: “Sears is cutting around 250 employees at its Hoffman Estates headquarters beginning in late October, the company said in a letter to the Illinois Department of Commerce & Economic Opportunity.” P.S. Many retailers have been having difficulties, which can deeply affect suppliers. If you want to improve your relationship with Walmart or Sam’s Club, our experts can help. Book a consultation today.

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More On Walmart’s Collaboration with BuzzFeed — Retailwire.com

RetailWire.com experts weigh in on Walmart’s decision to partner with BuzzFeed’s Tasty on shoppable recipes: “From the Tasty app, users are directed to the Walmart Grocery app or www.Walmart.com/Grocery, where they can view what’s in their cart, purchase the ingredients and schedule either curbside pickup at a nearby Walmart or at-home delivery.” P.S. Walmart is not the same store that it was even a few years ago. If you are hoping to work effectively with this rapidly-changing company, you’ll need...

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Consumer Spending Remains Strong — Reuters

    “Signs that the economy was growing at a moderate pace and not slowing rapidly were underscored by other data showing a narrowing in the goods trade deficit in July as exports rebounded. Businesses stepped up inventory accumulation last month, likely in anticipation that demand would remain strong.” P.S. Consumers are feeling confident and this could lead to a strong holiday season. Are you doing all you can to optimize your Walmart and Sam’s Club sales?  Get in touch...

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Boomers, Gen-Xers Love Grocery Delivery — GroceryDive.com

Retailers and suppliers should pay attention to older adults and their shopping habits. Turns out that Boomers and Gen-X love online grocery delivery: “Across Gen X and boomer shoppers surveyed, nearly one in three reported shopping online ‘all the time,’ while 60% of both groups have ordered groceries online with at-home delivery – a rate higher than Gen Z and millennials.” P.S. Walmart has made great strides in its retail technology over the past several years, but it is clearly...

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Consumer Spending Strong in July — RetailDive.com

Consumer spending proved strong in July: “July retail sales rose 0.6% from June 2019 and 3.4% above last year, according to the U.S. Department of Commerce’s latest monthly report on the trade. Sales at nonstore retailers (mostly e-commerce) rose 2.8% from June and 16% year over year, a strong showing probably due in part to Amazon’s Prime Day, according to a note from Wells Fargo economists emailed to Retail Dive.” P.S. Walmart is not the same store that it was...

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Consumers Willing to Pay More for Service — ChainStoreAge.com

Consumers, particularly younger consumers, are willing to pay more for products if it means that they can work with a competent salesperson:   “According to a recent survey of 1,003 U.S. consumers from marketing solutions provider Engine Insights, roughly two-thirds of consumers (64%) say they would pay a premium to ensure human assistance in at least one retail category. This willingness is even higher among younger-age segments, particularly those 18-34 (74%).” P.S. Walmart is not the same store that it...

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Amazon Begins Price-Setting Program for Marketplace Sellers — RetailDive.com

Amazon has started a new price-setting program for some suppliers: “Amazon has invited some of its third-party Marketplace sellers to join a new “Sold by Amazon” program, where the sellers’ prices are set by Amazon’s price automation process, the e-commerce giant confirmed to Retail Dive in an email.” P.S. Interested in selling more 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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More Sears, Kmart Closings — RetailDive.com

Sears and Kmart will undergo more store closings throughout the country: “The five Kmart stores and 21 Sears stores set to close are in multiple geographic regions and include locations in California, Maryland, New York, Ohio and Alabama. Additionally, Sears Auto Centers at the aforementioned locations will close at the end of this month.” P.S. The future looks bright for Walmart. Are you ready to continue doing business with this evolving retailer? Get in touch with us today to schedule...

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Greg Ferrara to Head National Grocers Association — GroceryDive.com

Greg Ferrara will become the new president and CEO of the National Grocers Association in September: “Greg Ferrara will become the next president and CEO of the National Grocers Association (NGA), according to an announcement from the organization. He will assume the role September 1.” P.S. Walmart is actively developing its fresh grocery assortment. Do you want to get your products on Walmart’s shelves?  Get in touch with us today to schedule a consultation with one of our experts.

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