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Walmart

  • Walmart Q3 earnings top forecasts but sales lag; online accelerates

    Walmart on Thursday posted third-quarter earnings that managed to beat analysts' expectations even as net sales fell short.     The retailer also lifted the lower end of its full-year guidance and expressed confidence going into the holiday season.    Walmart’s net income fell to $3.03 billion, or 98 cents per share, in the quarter ended Oct. 31, which was two cents more than the Wall Street consensus according to Bloomberg.  

  • Tech Bytes: Will robots be displaced to ‘make America great again?’

    As the country continues to nurse its emotional Election Day hangover, businesses, including retailers, are contemplating what policies from President Elect Trump’s agenda will be tackled first in an effort to “Make America Great Again.”   

  • Singles Day: Alibaba reports record sales, but growth slows

    The 24-hour Chinese shopping mega-event known as Singles Day brought in record numbers for the country’s e-commerce giant, Alibaba. But it appears that the growth rate is decelerating.    Alibaba Group Holding Limited reported that the total amount of goods and services sold by vendors (known as gross merchandise volume) over its e-commerce sites rose 24% to a record $17.8 billion this year. Last year, by contrast, sales on Alibaba platforms increased 60%.  

  • The Rise of Robots in Retail

    The retail industry is on the precipice of a robotics revolution. While leading-edge retailers like Amazon have been using robots, their role has largely remained experimental or behind the scenes, primarily used in warehouses and fulfillment centers to perform pick, pack and ship duties. That is about to change.   

  • More big retailers announce Thanksgiving/Black Friday plans

    Four of the nation’s largest retail chains remain committed to opening their doors on Thanksgiving.    Target Corp. announced it will open its stores at 6 p.m. on Thanksgiving Day, and Best Buy said it plans to open at 5 p.m. Walmart will start its Black Friday event at 6 p.m. on Turkey Day (most Walmart locations are open 24 hours).   

  • S.O.S.: The Mobile App as a Lifeline for Brick-and-Mortar Retailers

    Consumers gravitate towards convenience for the things that they have to do anyway. They want to get to their intended action with the least amount of unnecessary effort. They’ll even change their behavior to do so. Think of mobile deposits: many consumers have made the switch to using their bank’s mobile app to deposit checks, finding it far more convenient than driving to their local branch or ATM.   

  • Target boasts supply chain talent as it nabs Walmart exec

    Target Corp. continues to beef up its supply chain management capabilities.    The discounter announced it has appointed Shekar Natarajan to the newly-created role of senior VP, network planning and operational design, effective Nov. 20.   Natarajan, a 15-year supply chain veteran, was most recently VP of last mile operations, emerging sciences and operational excellence at Walmart. He also held leadership roles at Walt Disney Company, Anheuser Busch and PepsiCo.   

  • What You Can Learn From Your Company's Shipping Data

    Auditing your shipping invoices saves money. But just as importantly it yields valuable business intelligence through a rich depository of captured data that helps you make informed decisions as you improve operations.  
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