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Walmart

  • Commentary: Is a Target, Walmart Price War About to Break Out?

    In light of Target shares dropping 15% after their latest earnings announcement, Target CEO Brian Cornell said executives would be detailing moves for greater pricing aggressiveness and increased merchandise differentiation, both tactics that Target has been known for historically. Cornell’s pricing reference led to speculation about a price war with Walmart, which many experts surmise Target simply can’t win. Speculation aside, is a price war poised to erupt between these two mega-retailers?    

  • Amazon shutting down parent company of diapers.com

    Amazon is getting is shutting down one of its units after it failed to turn a profit.   The company pulling the plug on Quidsi, parent company of diapers.com, soap.com and several other shopping sites, which it purchased in 2010. The news was first reported by Bloomberg.   

  • Department store retailer taps former Walmart exec to head up supply chain

    Nordstrom Inc. is expanding its supply chain management team.
    Brent Beabout
     

  • Walmart debuts updated Neighborhood Market format

    Walmart is going on the offense as German grocery giant Lidl prepares to enter the United States this summer.   The discounter has rolled out a new prototype for its Neighborhood Market grocery-store concept in a handful of markets nationwide.   

  • Sporting goods retailer taps Walmart exec as COO

    Sportsman's Warehouse has named Jon Barker president and COO, effective March 31.   Barker, who holds 25 years of retail experience will direct the marketing, supply chain, operations, compliance and technology functions for Sportsman's Warehouse, and will also lead the expansion of the company's e-commerce business.   

  • Walmart launches Store No. 8 — but it’s not really a store

    The nation’s largest retailer is delving deeper into e-commerce and evolving technology with its newest investment.   Walmart has formed Store No. 8, a technology incubator that will be based in the Silicon Valley. (The new initiative is named after an early Walmart store that company founder Sam Walton used to try out new retail strategies.)  

  • Walmart in patent filing for in-store drones

    The nation’s largest retailer is ready to put a whole new spin on merchandise fulfillment.   Speed is the name of the game in retail these days, in store and online.   

  • Confirmed: Walmart acquires another online retailer

    Walmart continues to grow both its e-commerce and fashion presence.    On Friday, the discounter announced it had acquired the assets and operations of online retailer ModCloth, which specializes in eclectic and quirky apparel and accessories for 18- to 35-year-old women. The company did not reveal the purchase price.  
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