Category Archives: Walmart/Sam’s Club

More on Tariffs and Walmart Supplier Costs — Fortune.com

Tariffs remain a top concern for retailers, consumers, and suppliers alike: “Nevertheless, expect more adjustments to come. Starting next month, the next round of 10% tariffs on a broad swath of $300 billion worth of Chinese imports begin. This will inevitably lead to price increases, Walmart executives have said— just as the holiday shopping season gets underway.” P.S. Tariffs could increase costs throughout the supply chain. 8th & Walton advisors help suppliers run a nimble business and keep costs down...

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Walmart Grocery on the Rise in Dallas — DallasNews.com

Walmart has enjoyed increased market share in the Dallas-Ft. Worth area of Texas: “Walmart’s share in the 12 months ended in March increased from 27.4% to 28.6%, and H-E-B Central Market’s share jumped from 2.2% to 3.1%. Both companies aggressively built up their online pickup services, where customers place orders and designate a time to drive up and have their groceries loaded into their cars.” P.S. Walmart is not the same store that it was even a few years ago....

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Walmart Brand Exits Brazil — Reuters

The firm that acquired Walmart Brazil’s grocery stores will be dropping the Walmart brand name: “Nearly 100 stores currently using the Walmart brand will be rebranded to BIG and BIG Bompreço, regional brands Walmart already used in the past. Another 27 Walmart stores will be turned into cash-and-carry stores Maxxi and membership-only retail chain Sam’s Club.” P.S. Are you interested in selling your products in other countries? Our experts can help. Contact us today to schedule an appointment.

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Taking a Hard Look at Soft Skills

  Have you ever been told you need to work on your “soft skills?” What exactly does that mean? More importantly, where do you go to work on this skillset? Our podcast this week deep dives on soft skills with an industry leader who coaches professionals at all levels. Kirk Baumann is the founder of Campus to Career and joins us this week for a great conversation on this much-sought-after quality in the workplace. Kirk’s background ranges from working in...

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Walmart Leads Industry in Wage Increases — Daily Herald

Walmart’s entry-level wage increases have proven to be a catalyst for increased wages throughout the retail industry: “Minimum wage increases by states and across major chains, like Walmart and Target, coupled with a tight labor market, have jump-started the income gains. Average hourly earnings for 13.4 million nonsupervisory retail workers surged 5.1% last year for the biggest advance since 1981, according to the U.S. Bureau of Labor Statistics. And they’ve kept rising, hitting $16.65 an hour in July. When adjusted...

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Walmart, Other Retailers Feel Inflation Squeeze — Yahoo! Finance

Inflation is causing the price of consumer goods to rise, and Walmart is not immune: “The question is where. Investors will get a sense of that give-and-take when Walmart reports results Thursday. Average prices for consumer goods rose 2.3% in the first six months of 2019, according to data tracker Nielsen, the fastest pace in several years. Walmart said it saw “modest” inflation in the first quarter, but it has heated up lately, and a Walmart shopping trip was 5.2%...

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E-Commerce Customers Consider Price — SupplyChainDive.com

A new study shows how consumers do research on planned purchases: Price was often a major concern. “For 58% of U.S. customers surveyed, Amazon was the top research resource. 96% of consumers surveyed for the report said they made a purchase from an online marketplace within the past three months. When it comes to returning goods, however, 39% of U.S. shoppers said they take goods directly to a store, the report found.” P.S. Walmart has made great strides in its...

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Walmart Looking for Modcloth Buyer — ArkansasOnline.com

Walmart is reportedly looking to sell e-commerce clothing company Modcloth, which has proven to be unprofitable since its 2017 acquisition: ModCloth remains in San Francisco, with offices in Los Angeles and Pittsburgh. Its vintage-inspired clothing, inclusive sizing and strong social media presence have earned it a loyal following. Besides its e-commerce site, ModCloth has four small stores, called Fit Shops, in which customers can try on samples and order merchandise. The stores are in Los Angeles; New York City; Washington,...

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Analysts Weigh in on Cryptocurrency — Forbes.com

The Internet has been abuzz with news of Walmart’s cryptocurrency patent: “Interestingly, just as many cryptocurrency fans are driven by the subversive nature of the technology and a desire for decentralized currency, Walmart’s intentions aren’t too dissimilar. Both reasons for a cryptocurrency are attempts to improve the bottom line by skirting or avoiding federal government interference. Oh those radicals down in Bentonville!” P.S. Walmart has made great strides in its retail technology over the past several years, but it is...

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Amazon Demands Supplier Price Conformity — The Verge

Amazon is monitoring supplier prices on other sites and, in some cases, taking action against suppliers: “Amazon scans a merchant’s prices for listings on its Marketplace platform and compares them to that same merchant’s listings on other platforms, like Walmart and eBay. It then notifies the seller of the disparity and informs the business that it may lose promotional benefits — like a higher placement in search results, Prime shipping, and access to “buy now” buttons — due to the...

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