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Walmart

  • J.C. Penney appoints former Walmart exec as CFO

    J.C. Penney has a new finance chief.   The department store retailer named Jeffrey Davis as executive VP and CFO. Davis will report to Marvin R. Ellison, Penney’s chairman and chief executive officer.   
  • Walmart amps up strategy for upcoming Chinese e-commerce festival

    Walmart is making big moves to ensure that it can serve Chinese shoppers efficiently during a crucial timeframe.    The discounter is further integrating its platform, supply chain and customer resources in China with partner JD.com — efforts that will prepare the companies to serve shoppers during the launch of the first JD-Walmart 8.8 omnichannel shopping festival on Aug. 8. The event will offer savings across all the different JD and Walmart channels, and reward customers for shopping multiple touchpoints. 
  • Walmart marketplace expands breadth of merchandise

    Walmart is streamlining how its third-party suppliers connect with its marketplace.    Acenda announced Wednesday that it has integrated with Walmart.com's global marketplace, connecting Acenda store owners and third-party sellers with Walmart's significant customer base.  Acenda now helps retailers and brands optimize their product listings across major marketplaces including Walmart, Amazon, Google and eBay as well as leading retailers.  
  • Walmart expands fleet of ‘Pickup Towers’

    More Walmart stores are adding those massive vending machines that cater to online order in-store pickup.    The retailing giant will expand its automated online order pickup kiosks to 80 more locations across the country over the next several months, according to Business Insider. The pickup vending machine, which was introduced in a single store in Bentonville, Arkansas last year, is currently available in 20 stores,   
  • Study: Brick-and-mortar retailers feel Prime Day fallout

    Prime Day 2017 was Amazon’s biggest event yet. But the shopping marathon took a significant toll on brick-and-mortar traffic.   
  • Walmart developing facial recognition technology

    The nation's largest retailer is working on technology to enable store associates to respond more quickly to potential customer service issues.   The chain is developing facial recognition technology to detect frustrated or unhappy shoppers, according to a report by Business Insider. The technology uses video cameras at checkout lines that monitor customers' facial expressions and movements to identify varying levels of dissatisfaction, according to a patent filing, the report said.   
  • HRC: Discounter tops with Gen Z for back-to-school shopping

    Gen Z shoppers are gearing up to hit the stores for back-to-school purchases — and their top destination is Walmart.    Thirty-six percent of boys and girls cite Walmart as their first choice for back-to-school shopping, more than double that of any other retailer, according to a survey conducted by strategic retail advisory firm HRC Retail Advisory.    
  • Walmart opens massive online center

    Walmart is bringing 1,500 jobs to Florida as it continues to expand its e-commerce fulfillment network.  
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